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Business Leadership and Entrepreneurial Studies

Faculty-LedFaculty-Led | Business Zimbabwe

Module Overview

Join us as we engage with big businesses, economists, small scale farmers and international banks focusing on Business Leadership and Entrepreneurial Studies. Zimbabwe is a dramatic lesson in failed government policy, as well as the resilience of innovative business. Once a regional economic powerhouse, Zimbabwe is the most recent example of hyper-inflation, which saw it become the world’s fastest-shrinking economy. Inflation peaked at 79 billion percent and culminated in the abandonment of the local currency. Unemployment runs at over 90% and manufacturing capacity utilization sits at less than 30%. Survival has required highly innovative business models and strong leadership. With vast mineral resources and fertile land area larger than Germany, the country’s national budget is now smaller than that of Harvard University! We will carefully examine the impact of various policy decisions and collaborate in exploring solutions for the future. With appropriate measures, a bright future lies ahead.

Location

Harare, the capital city of Zimbabwe, is where students are based for the majority of the time. They visit both small and larger businesses as well as sit down and converse with some of Harare’s executives who are able to shed some light into the reality of their working environments. A smaller section of time is spent in the resort town of Victoria Falls where businesses mainly in the tourism sector are explored. Accommodation is in hotels around the country.

Educational Outcomes

The aim is to allow students a platform to:

  • Discover and formulate new business concepts
  • Examine first-hand the impact of policy decisions and determine appropriate actions for the future
  • Explore the impact of culture and colonial history on African economic development
  • Generate a competitive advantage for a business and/or new business concept
  • Design market research projects and build a marketing strategy
  • Develop financial management systems
  • Integrate knowledge and information to create a business case
  • Engage with thought leaders on the ground

Module Length

The minimum duration for this module is 6 days.  The maximum length is 21 days (longer modules may incorporate additional study locations).

Contributors

Takudzwa Chaora

Takudzwa is the Head of Finance and Administration at Steward Bank Limited, a retail bank in Zimbabwe. He has held several other positions within the financial sector including being Audit Manager at the accounting firm Ernst and Young. Before his current position, he worked as Financial Controller at Econet Wireless, which is the largest communications company in Zimbabwe and the controlling shareholder in Steward Bank.

As a Chartered Accountant with a wealth of experience spanning over 18 years in the financial sector, Takudzwa has valuable information to share on the business environment in Zimbabwe.

Roy Chimanikire

Roy (Group Chief Financial Officer at Econet Wireless) joined the organisation in 2009 from Deloitte, where he was a Partner. Roy is a qualified Chartered Accountant and holds a Bachelor of Accounting Science (Honours) Degree from UNISA and a Certificate in the Theory of Accounting from the Institute of Chartered Accountants Zimbabwe (ICAZ).

Roy is a registered Public Accountant and is a Council member of the Institute of Chartered Accountants Zimbabwe. He also chairs the Auditing Professional Standards Committee (APSC) of ICAZ. He is on the boards of the Zimbabwe Accounting Practices Board (ZAPB) and the Public Accountants and Auditors Board (PAAB), which regulate the accounting and auditing professions in Zimbabwe. He has extensive experience in accounting and governance matters, and continues to participate in various projects to improve financial regulation in Zimbabwe.

Dickson Magombedze

Dickson’s history with KPMG spans at least 16 years. He is a Partner within the firm and currently lives and works from the Zimbabwe office following a six year stint in the KPMG LLP (U.S) office as Senior Manager (Audit). He holds a Bachelor of Accounting Science (Honours) Degree with the University of South Africa as well as a Bachelor of Commerce in Accounting and Economics Degree with the University of Cape Town.

Eddie Cross

With a background in Agriculture, Eddie was appointed first to head the Dairy Marketing Board and then the Cold Storage Commission. This was soon after Zimbabwe’s independence. He was subsequently CEO of the Beira Corridor Group, which promoted the rehabilitation of the Beira Corridor as an export outlet to the sea for land locked Zimbabwe. He is a founding member of the opposition MDC party and a Member of Parliament.

Customize Your Program

Thank you for your interest in this module and developing a faculty-led program with EDU Africa. We pride ourselves in our ability to customize a program that will meet your requirements, exceed your expectations and make your vision come to life.


Featured Experiences

Boma Restaurant

Meaning “the place of eating,” Boma appeals to the senses with a variety of local dishes including game meat such as kudu, warthog and ostrich. Guests are welcome to take part in traditional drumming and dancing. You even have the opportunity to eat a local delicacy – mopane worms!

Craft Workshop

Enjoy a cultural evening with Zimbabwean musicians, after which the local craftsmen will be available to teach you how to craft beautiful pieces of jewellery and sculptures. This cultural immersion experience will not only teach you new skills, but give you insight into the cultures and traditions of the people of Zimbabwe.

High Tea at Victoria Falls Hotel

Visit the famous Victoria Falls Hotel, renowned for it’s colonial-era architecture. This five-star hotel is only a ten-minute walk from the falls themselves, and was built in 1904 as a key part of the “Cape to Cairo” railroad dream. Today, enjoying a high-tea on the terrace gives you insight into what life was like over a hundred years ago as you gaze at the Victoria Falls Bridge, mist rising from the thundering waterfall.

Tiger Fishing

These ferocious, predatory fish lurk throughout much of the Zambezi, catching prey with their enormous jaws and needle-like teeth. Add a tiger fish to your repertoire during your sports fishing adventure on the Zambezi.

Flight of Angels

Hover through the pounding mist of Victoria Falls as you explore the stunning landscape from the air. A specially designed helicopter, providing panoramic visibility to every passenger, takes you high into the sky to be truly encompassed by the mesmerizing grandeur of the falls.

Victoria Falls

Known as the “smoke that thunders,” Victoria Falls is one of the seven natural wonders of the world. The waterfall system is the largest on Earth, about 1.7 kilometers wide and one hundred and eight meters high. Enjoy being awestruck by the sheer magnificence of the falls.


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