NewsDay (Zimbabwe)

Rescue young entreprene­urs from business obstacles

- Zororo Fambai

YOUR Excellency, I am a young entreprene­ur, who is struggling to grow my small retail business in Harare central business district. Me and other young entreprene­urs are failing to grow mainly due to the following reasons:

Exorbitant rentals being charged by the landlords/ building owners.

Lack of financial assistance. Sir, I suggest, if possible, as a country, to have a financial institutio­n, that promotes small businesses with favourable lending conditions and less stringent requiremen­ts such as collateral.

High import tariffs charged by the Zimbabwe Revenue Authority, which I believe are fuelling smuggling of goods.

Your Excellency, I humbly request your interventi­on by setting minimum and maximum rentals depending on the size of the premises. Sir, a small corner shop measuring 7m x 7m is being charged US$1 000 to +/-US$1 500. It’s so exorbitant and a hindrance to growth.

Mr President, passing through our borders with imported goods is a nightmare. The tariffs charged by Zimra are outrageous and out of this world. I humbly request for a reduction in tariffs.

We are in urgent need of your assistance, as currently this is the only way of employment available, Sir.

We are 100% in support of your governance. Together we will conquer.

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