A local artist who is also an entrepreneur, Ashley Nyathi has called upon the government to support the small-to-medium enterprises (SMEs) sector.
Nyathi, who owns MegProm Trading, a company that specialises in Kapenta from Mozambique, claims that SMEs account for 50% of Zimbabwe’s GDP.
Speaking to Standard Style, Nyathi said:
Our government needs to continuously support young businesses to foster and grow the SME space on a sustainable basis.
It is no secret that SMEs are sustaining many economies worldwide and here in Zimbabwe, we contribute meaningfully to the economy despite lack of capital and inadequate government support.
The sector has shown resilience and it helped sustain the livelihoods of many as well as the economy when the bigger corporates are in distress with some having closed due to the prevailing economic challenges.
Nyathi added that there are many talented young people who are failing to make a breakthrough because they are not recognised.