In its most basic form, management accounting allows a business to control its operations and take informed decisions in line with its performance objectives. For small and growing businesses, management accounting is a way to ensure that the business stays within its means as it grows. Indeed, management accounting is crucial for entrepreneurs as it
Investment in agriculture is key to ending hunger and poverty in Africa. Statistics by the European Commission show that, in Africa, agriculture accounts for 65% of total employment and 32% of GDP. Most importantly, agribusinesses tackle food insecurity on two fronts – stimulating increased food production on the one hand and creating wealth for smallholders
Bestlay Country Egg was incorporated in Lusaka, Zambia on May 2016 by key Zambian entrepreneur Mr. Patrick Bobo. Following which, he approached GroFin Zambia for finance and support for his start-up agri-processing poultry business. Patrick has worked for 21 years as an accountant, audit senior, chief internal auditor, chief accountant and operations manager for various
From Solwezi Today GroFin’s business development support helps clients to grow their business management skills set and deepen their insight into market and industry, to improve operational efficiencies and achieve best practice. GROFIN Zambia has opened its doors in the country as an innovative development financier poised to add a new dimension to small-scale business people
Published in The Entrepreneur Aug-Sep 2014 One of the biggest challenges that small and medium-sized businesses face is the inability to exploit investment opportunities immediately they present themselves. This is due to a number of factors that are prevalent in the business space. The key issue however. Is that entrepreneurs should always be ready for
Mr. Fredson Yamba, Secretary of the Treasury, officiated GroFin’s launch event and commended the organization for addressing the challenges of Zambian entrepreneurs. The local GroFin office in Zambia is making 2 investments that are anticipated to generate an estimated 90 jobs for Zambian nationals.
Tomorrow, 16 September 2014 is the official launch of GroFin in Zambia. The initiative was first conceptualized in 2012 prior to the participation of CEO and founder Jurie Willemse and the GroFin Leadership Team in the Zambia International Business Advisory Council. The decision to enter Zambia was based on several strategic factors, such as its growing