Taxonomy of Small and Medium Enterprises (SMEs) Constraints: An Analytical Perspective of Zimbabwe

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Benson Philip Hlungupi Samudzimu
Benson Philip Hlungupi Samudzimu
2
Dr. Michael Dynamite Benson Munkumba
Dr. Michael Dynamite Benson Munkumba

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GJMBR Volume 22 Issue C4

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Small and medium-sized enterprises (SMEs) in Zimbabwe are regarded as the most resilient and the backbone of the economy following years of capital flight since 2000 following the consummation of the fast tract land reform programme. Since then, major corporates disinvested, and this created a huge gap in the products and services supply chain, and the SMEs robustly emerged largely owned by the local people. This paper, however, has established that in as much as the SMEs have a critical role to play, government aided financing infrastructure is characterised by a plethora of policy and regulatory frameworks that limit growth and development of the SMEs to contribute significantly to the development of the economy. Using a review process as a methodology as part of an ongoing doctoral research in this field, the paper puts across that it is vitally important for Zimbabwe to put incentives from a policy and tax rebate point of view, including lessening the bureaucratic red-tape and rigidities that characterise SMEs loan application to access to capital. The various independent and dependent variables in this paper require an overhaul to ensure that the challenges that limit SMEs access to financing are addressed.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Benson Philip Hlungupi Samudzimu. 2026. \u201cTaxonomy of Small and Medium Enterprises (SMEs) Constraints: An Analytical Perspective of Zimbabwe\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 22 (GJMBR Volume 22 Issue C4): .

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Small and medium enterprises taxonomy in Zimbabwe for research.
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: DDC Code: 338.642 LCC Code: HD2341
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September 19, 2022

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English

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Small and medium-sized enterprises (SMEs) in Zimbabwe are regarded as the most resilient and the backbone of the economy following years of capital flight since 2000 following the consummation of the fast tract land reform programme. Since then, major corporates disinvested, and this created a huge gap in the products and services supply chain, and the SMEs robustly emerged largely owned by the local people. This paper, however, has established that in as much as the SMEs have a critical role to play, government aided financing infrastructure is characterised by a plethora of policy and regulatory frameworks that limit growth and development of the SMEs to contribute significantly to the development of the economy. Using a review process as a methodology as part of an ongoing doctoral research in this field, the paper puts across that it is vitally important for Zimbabwe to put incentives from a policy and tax rebate point of view, including lessening the bureaucratic red-tape and rigidities that characterise SMEs loan application to access to capital. The various independent and dependent variables in this paper require an overhaul to ensure that the challenges that limit SMEs access to financing are addressed.

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Taxonomy of Small and Medium Enterprises (SMEs) Constraints: An Analytical Perspective of Zimbabwe

Benson Philip Hlungupi Samudzimu
Benson Philip Hlungupi Samudzimu
Dr. Michael Dynamite Benson Munkumba
Dr. Michael Dynamite Benson Munkumba

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