Empowering Small Enterprises in Zimbabwe

Kapoor, Kapil

doi:10.1596/0-8213-4074-3

Cited by 16 publications

(11 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The new government provided some incentives to encourage the establishment of new entrepreneurs, but the rate at which new firms were being formed was slow until the late 1990s when the pace picked up. The slow growth in MSEs has been pinned on the poor policies that failed to support them financially and protect them from taxes (Matandirani, 2011;Kapoor, Mugwara and Chidavaenzi, 1997). The total number of formally registered MSEs grew from 5110 in 1980 to 10841 in 1986 and then dropped to 9610 in 19909610 in .…”

Section: The Rise Of Micro and Small-scale Enterprises (Mses)mentioning

confidence: 99%

Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Mukorera

Mahadea

2014

MJSS

View full text Add to dashboard Cite

show abstract

Section: The Rise Of Micro and Small-scale Enterprises (Mses)mentioning

confidence: 99%

Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Mukorera

Mahadea

2014

MJSS

View full text Add to dashboard Cite

show abstract

“…Second, price controls were phased out and statutory wage regulations were largely abolished (Gibbon, 1995). In addition, labor regulations were simplified, and the government began to intervene less frequently in the hiring and firing of workers (Kapoor et al, 1997). Third, efforts were made to cut public expenditure, through retrenchments of government workers, through cost-recovery systems, and through a reduction of subsidies to state-owned enterprises (Gibbon, 1995).…”

Section: Economic Reform In Zimbabwementioning

confidence: 99%

“…Third, efforts were made to cut public expenditure, through retrenchments of government workers, through cost-recovery systems, and through a reduction of subsidies to state-owned enterprises (Gibbon, 1995). Fourth, Zimbabwe successfully lowered her marginal tax rate from over 60 per cent to under 40 per cent (Kapoor et al, 1997). Despite some successes in fiscal reform, Zimbabwe has yet to approach the stated goal of reducing the share of the budget deficit in GDP to 5 per cent (Government of Zimbabwe, 1996).…”

Section: Economic Reform In Zimbabwementioning

confidence: 99%

See 1 more Smart Citation

Structural Adjustment and Small Enterprises The Case of Zimbabwe*(1)

McPherson¹

2000

South African J Economics

View full text Add to dashboard Cite

Micro and small enterprises (MSEs)*(2) are an inescapable feature of the economic and social landscape of most developing economies. Typically, developing countries have a large number of MSEs, and these employ a substantial proportion of a country's working age population. Recent nationwide surveys in several African countries show that between 16 per cent and 33 per cent*(3) of each country's working age populations work in MSEs. Furthermore, a substantial amount of income is typically generated by these activities, both at the household and at the national level. In a recent study of Kenyan MSEs, Daniels (1999) estimated that the MSE sector contributes 13 per cent to national income. SAJE v68(3) p515Among scholars, policy-makers and donor agencies there has been an increasing awareness of the importance of the MSE sector in the development process. Indeed, many governments in Africa have explicitly included MSE programs as part of their national economic plans. However, while much is known about the nature and magnitude of the MSE sector in many African countries, much less is known about how these sectors evolve over time. A particular problem involves the relationship between the MSE sector and structural adjustment. In recent years, many developing countries have been compelled by external and internal imbalances to radically alter their macroeconomic policies. How does the implementation of these policies affect the MSE sector? How does the influx of workers into the MSE sector resulting from retrenchments of civil servants and employees of state-owned enterprises change the face of the sector? To what extent do the changes in macroeconomic variables affect MSEs? Many such questions, although important, have not been studied or answered. Beginning in about 1991, the government of Zimbabwe began a structural adjustment program. In that same year, a nation-wide survey of MSEs was conducted in Zimbabwe. Repeat surveys using the same methodology and sample areas were repeated in 1993 and 1998. In principle, these surveys present a unique opportunity to learn about the relationship between the structural adjustment process and the MSE sector. However, it should be noted from the start that it will not be possible to fully understand the effects of structural adjustment on the MSE sector, since other events occurred both within and without Zimbabwe over the same period, including the drought of 1991-92 and the SAJE v68(3) p516ongoing AIDS pandemic.*(4) These and other events make it difficult to parse out the relationship between structural adjustment and the MSE sector. Nevertheless, some lessons can be learned from a close examination of the data.

show abstract

“…Le Projet de Promotion du Petit Credit Rural (PPPCR) in Burkina Faso is a credit union, established with French help, to serve women in agriculture (Gurgand, Pederson, & Yaron, 1994;Paxton, 1997). Zimbabwe supports several programs for both small and microenterprises: the Small Enterprise Development Corporation, Credit Guarantee Company, Zimbabwe Development Bank, Venture Capital Company in Zimbabwe, and Agricultural Finance Corporation (Kapoor, Mugwara, & Chidavaenzi, 1997).…”

mentioning

confidence: 99%

Development and the Role of Microcredit

Snow

Buss

2001

Policy Studies Journal

View full text Add to dashboard Cite

Microcredit is a concept that has gained widespread acceptance by international development agencies and major donors. It is viewed as a way to correct both governmental and market failure in Sub‐Saharan Africa. Many view microcredit as a method for linking the formal and informal sectors of African economies to increase the reach of the formal sector. Extending the reach of the formal economy through microcredit is possible, and desirable, depending on macroeconomic reforms, respect for traditional financing relationships, and local control of institutions. However, very little has been done to determine the extent to which microcredit programs actually increase economic well‐being. The model program, Grameen Bank of Bangladesh, has been studied and evaluated, but replications may not be inherently successful. The literature accepts that microcredit will increase economic well‐being, if programs are correctly designed. Program design issues cannot be resolved, however, until economic well‐being is measured and associated with specific designs.

show abstract

Empowering Small Enterprises in Zimbabwe

Cited by 16 publications

References 0 publications

Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Linking Entrepreneurial Activity to Economic Meltdown in Zimbabwe

Structural Adjustment and Small Enterprises The Case of Zimbabwe*(1)

Development and the Role of Microcredit

Contact Info

Product

Resources

About