SMEs role in the ecomony

It is important to mention how the government has also done a lot in helping these small business enterprises by assisting SMEs to have a legal framework to guide emerging businesses following the getting of the SMEs Act. It is also important to mention that the government has also considered reducing taxes on SME`s

The president visits SMEs in   the North province to have  have a beter understanding of them .

 An article obtained from the News Zimbabwe an online paper it says The flexibility of small businesses allows them to respond quickly to challenges and take advantage of opportunities. We have to promote SMEs that will actually create and add value. We need SMEs that will manufacture and beneficial aggro-products.TheUnited Kingdom has pledged to support small-scale farmers in the country to boost yields and help them find lucrative markets for their produce.
In his mid-term fiscal policy review, former Finance minister Tendai Biti said the agricultural sector played a pivotal role in Zimbabwe’s economy as it could significantly reduce poverty, entrench economic stability and growth. 
 Small and Medium Enterprises Revolving Fund
The Fund is administered by the Ministry through Small Enterprises Development Corporation (SEDCO). All applications should be directed to SEDCO.

All sectors are eligible to apply for the Funds

Therefore it then can be said that small medium enterprises have became an idea in the Zimbabwean economy. Mr Manyathela an owner of a small business in Bulawayo says that it is through the government SMEs project that he was able to establish his sewing material company.

SMEs and their importancein Zimbabwe

The Small and Medium Enterprises sector is a key component of Zimbabwe's economy which is estimated to constitute around 70 % of the economic activity. Small Medium Enterprises (SMEs) are found in all areas of the economy such as manufacturing, retail and transport, mining, energy, transport, construction and service sectors of the economy. According to the Ministry of Finance, the sector employs as much as 65% of the country's workforce and contributes a staggering 50% of the country's Gross Domestic Product (2013 National Budget Statement).

Interns shown how to cut pattern- pieces.

 It is universally acknowledged that they are effective instruments of employment creation and economic growth, which ultimately lead to poverty alleviation for the entrepreneurs themselves as well as their employees. Their contribution will help turn the economic fortunes of the country and many will experience a better way of life. To fulfill their pole position in the economy, SMEs need to know critical factors that are the cornerstone of success in business. Entrepreneurs in this sector are made of many different people who are in business to benefit or succeed in one way or another. As they benefit, the nation at large will also benefit if their efforts are successful endeavors.