Friday, July 29, 2011

Entrepreneurs must embrace partnerships with foreign companies as such synergies will help local businesses to grow.

YOUTH Development, Indigenisation and Empowerment Minister Saviour Kasukuwere has urged entrepreneurs to embrace partnerships with foreign companies as such synergies will help local businesses to grow.
Speaking during the launch of Acc Tech Zimbabwe in Harare last week, Minister Kasukuwere said Government supports strategic alliances between foreign and local companies as long as such ventures adhered to the country’s laws. Acc Tech Zimbabwe, which specialises in providing accounting and financial advisory services, was launched after its original company, Dawn Advisory Services, clinched a franchise deal with Acc Tech International.
                       YOUTH Development, Indigenisation and Empowerment Minister Saviour Kasukuwere
Minister Kasukuwere said the alliance between the two companies would help enhance competition and improve the finance services sector in the country. The minister said provision of proficient accounting services would aid the country’s endeavour to achieve economic growth.
“The coming in of Acc Tech into the country will help our businesses to manage their accounting and payroll systems. In general, it will help to improve how we do business in Zimbabwe and help in our endeavour to achieve economic growth. This year our economy is forecast to grow by at least 12 percent and provision of such efficient accounting services will aid this growth,” he said.
The minister said his ministry supports partnerships between locals and foreigners contrary to the view perpetrated by the Western media that Zimbabwe is hostile to foreign investment.
“Foreign investors are very welcome in this country. There has been a lot of talk contrary to this but what we want to assure you is that once there is a partnership that is in place, the ministry will be with you.
“We want win-win solutions so that both the locals and foreigners do benefit from the businesses.
There are a lot of opportunities for investment in this country, especially in the mining and agriculture sector, and I want to urge the youth to identify partners and take advantage of these opportunities.
“Once you have made such an arrangement it will be easy to get support from my ministry,” he said.
Speaking during the same occasion, Acc Tech International CEO Mr Morne Swanepoel said the official coming of the company into Zimbabwe would make it easier for enterprises to manage their businesses.
“The coming of our company into this country means that there will be improved financial services advice to these key sectors of the economy like the tobacco industry, mining and manufacturing.
“There will be improved service in human resources management, budgeting and accounting for all these key sectors,” he said.
He also revealed that Acc Tech is the leading implementer of the Sage Software (Enterprise Resource Planning) ERP and Customer Relationship Management (CRM) solutions in the world and the company is also accredited as a Gold Partner by Microsoft.
Formed in 1995, Acc Tech International is headquartered in South Africa and has a footprint in nine countries on the continent.-The Sunday Mail