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TOTF Bulletin - First Edition 12.04.12
TOTF Bulletin - First Edition 12.04.12
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EDTION
FIRST
totfzim@gmail.com
Money and
Power
Business Networking Africa Land of My Birth Somewhere in Zimbabwe
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T H O U G HT S O F T HE F U T U R E
When consciousness rose amongst our people, we fought against it but the civilized beast could not let go of its free source of livelihood. It transformed itself into another beast identified as neo colonialism. We lived under it and in it, the peoples blood continuously being sucked, the land kept bleeding the same
great times for all Zimbabweans. Nothing could be further from the truth though understandable, given people like Tendai Biti were students, Morgan was an underground employee on a mine, the likes of Elton Mangoma were window dressers at Hunyani in the early 90s. So in truth it is the whites like Eddie Cross, Roy Bennett, Ian Kay, David Coltart et al that were determining the rhetoric that come out of MDC. The likes of Biti were still living in one of the poorest suburbs in the country. Dzivaresekwa was specifically built as quarters for northern suburbs domestic workers where both his parents worked and he stayed with them in their Boys
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etc. Life is a beautiful expression of infinite possibilities and never-ending growth, which we should promote as intelligent beings. This small writing is to set a base so that we may explore further what Life is and how to live it right, consciously.
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is the nostalgia they suffer from and MDC-Tsvangirai is complicit on this mass deception of bread basket nonsense. When exactly was Zimbabwe a bread basket? What was it doing or producing or selling to Africans? If someone gives some statistical data you will be embarrassed. MDC-Tsvangirai managed to hood wink the electorate with such blatant lying at the instigation of unrepentant defeated, born and bred racists and their western based racist sympathizers. This is much akin to the Boer authored PROUDLY SOUTH AFRICAN nonsense while the Marikana miners and the majority of blacks are tin shack dwellers. The reality is our independence resulted in whites consolidating their economic strangle-hold while we enjoyed the euphoria of political independence much like the current situation in South Africa. I was responsible for the processing of CD1s and Duty Draw Backs, including Allocation Certificates of forex on the basis of export orders and earnings. I was responsible for all international procurement and sourcing forex per given criteria from all govern-
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Business Networking
By F. Tambudzayi
Emergence and Operations of Black Owned Business in Zimbabwe The wake of a free Zimbabwe from colonial rule paved way for the Black people to own their own businesses. These opportunities came in the form of; a). Existing businesses from some vacating White Rhodesians, who no longer desired to stay in the country. Some were sold in haste while others were passed down to loyal employees and/or associates b). Informal business ventures. These operations were and some still are, entrenched with local traditions, culture and follow a range of informal rules that are based on reputation and social sanctions. Using operating cash for personal expenses, lack of supplies and poor customer service, nepotism, reduction in population, the myth that all things foreign means better and failure to adapt with changes in the economic environment has seen these businesses go out of business. The quality of such systems can be improved through a variety of measures including access to new skills and technologies, improved training standards, provision of basic skills such as literacy and numeracy, improved access of young women to male dominated trades and improved formal recognition of skills acquired in the informal economy. How to Run a Successful Business 1) Plan for success. Analyze every area of your business, from service or product development through to after-sales care. Put together a formal business plan. This should include a statement of your business objectives, a brief history if you are already operating, a description of your product or service, a market analysis and details of your resource and finance needs. Also include sales and profit projections, a cash-flow forecast and a projected balance sheet. 2) Document precisely how you propose to make your money, what it will cost you to produce and deliver the product or service and how much profit you expect to achieve. 3) Set budgets and monitor performance against plan. Keep tight reins on expenditure and reconcile your bank account on a weekly or even daily basis. Pay bills on time. Chase any late payments from your customers with timely reminder letters and, if necessary, follow-up telephone calls. Implement a procedure for handling delinquent accounts, making sure you conform to prevailing legislation. Bank all income straight away. 4) Monitor sales revenues and margins. If sales or margins fall short of expectations, take remedial action and review your profit forecasts. Regularly reassess your break-even point and determine the impact of falling sales or reduced prices. Beware of chasing business by engaging in price wars, because large volumes of low-margin business can have a devastating effect on your bottom line. 5) Evaluate your market. Keep up to
date with changes in your market sector and assess how these impact your business. Watch your competitors and monitor developments in products and technology. Be ready to adapt to market changes. 6) Manage and motivate your employees. If you own a small business, avoid becoming "best buddies" with members of your team. Get the best out of your staff by providing adequate training and development opportunities, and a safe and comfortable environment. 7) Comply with all relevant legislation governing your premises, employees, financial reporting and contracts. Keep up with emerging legislation and regulations, partic-
ularly those specific to the product or service you provide. 8) Conduct ongoing risk assessments and identify areas of vulnerability. Consider political, economic, social and environmental factors that may threaten your business success, and take steps to minimize their impact. Examine operational risks such as product obsolescence or over-reliance on a single sector, supplier or customer and take the required remedial action. 9) Care for your customers. A satisfied customer is an asset to your business, but a dissatisfied client can immeasurably damage your reputation. Imple-
ment first-class after-sales care policies to achieve both repeat business and client recommendations. 10) Avoid complacency. Your sales and profits are on target. Maintain a marketing effort and remain constantly alert to changing opportunities. Be prepared to push your business forward or move it in another direction should the need or opportunity arise. For procedures to start a business in Zimbabwe check out:
http://www.doingbusiness.org/data/ exploreeconomies/zimbabwe/startinga-business
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T H O U G HT S O F T HE F U T U R E
regulatory role mandated by RBZ Exchange Control, literally controlled all the funds of ESAP as we brought in literally train loads of machinery from Germany, UK, USA and Europe for their enterprises. I doubt there was then any black owned firm that got a penny of the ESAP funds as they did not meet the criteria and were too inexperienced largely just like their government then, so there was an element of gullibility which sadly is very manifest in MDCTsvangirai in this day and age. I was among some of the first to start mass importations from China and India, mainly industrial chemicals and ink raw materials. The bulk of the money went back to the west in imports of machinery and white corruption using their dual citizenry. That was ESAP 1, ESAP 2 a.k.a ZIMPREST with its RACIST STYLE LAND REFORM was actually abandoned as Mugabe at that time made an executive decision mid stream that whites were benefitting while inflation for the masses was sky rocketing. Every day I was looking at global exchange rates and white industrialists would adjust production costs at the slightest movement by double the percentage points, it was terrible and we were part of it unwittingly as Zimbabweans through our government I will catch up with you on how the likes of Fanuel Muhwati, Xavier Kadhani, Enock Kamushinda, Strive Masiyiwa, Roger Boka, Bernard Mashata Paweni,
Chemist Siziba, etc. JOINED THE ECONOMIC OWNERSHIP BAND WAGON WITH GOVERNMENT POLICY HELP! With the late arrival on the scene of Mutumwa Mawere, James Makamba and many others, including then pretenders Phillip Chiyangwa and his best friend Peter Pamire. Before all this we had the window dressers with titles like Board Chairman with non executive part not being mentioned, then we had MD that reported to chairmen that were most executive. Again the executive was silent to give the impression that the black MD is the ultimate boss which was not the real case. A classic example were the early years of Robbie Mupawose as chairman of Delta but somehow not enjoying the same style of apparent benefits as Pat Rooney, even the likes of Joe Mutizwa only started showing their high executive profiles in recent years, even though there were many of these blacks from mining houses like Rio, Anglo America etc. It was also the norm in other companies like TA, BAT, Blue Ribbon, Natfoods etc.
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Synopsys
My art is inspired by the consciousness of black people in general, regardless of region, country or continent. We find that we are dependant on the so-called investors, imperialists, bosses or the G20. But in reality I don't think the investors can survive a day without the black man or resources from Africa. I'm trying to show the reality by projecting it in my artworks. My work is intended for the lay men on the street to comprehend with ease! They (investors) act like Mother Theresa, while having a knife behind their back!