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

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