Celebrating Micro, Small and Medium Sized Enterprises Day: Supporting Small Businesses Through The COVID-19 Crisis

Today, Nakiso Borehole Drilling is proud to commemorate the United Nations’ Micro, Small and Medium-sized Enterprises Day

This day was chosen by the United Nations General Assembly to recognize the importance of micro, small and medium enterprises (MSME) to local and global economies in addition to their contribution to sustainable economic development.

Small businesses, including those run by women and young entrepreneurs, are being hit hardest by the economic fall-out of the pandemic.

Unprecedented lockdown measures enacted to contain the spread of the coronavirus have resulted in supply chain disruptions and a massive drop in demand in most sectors.

To continue playing their crucial role in creating decent jobs and improving livelihoods, small businesses depend more than ever on an enabling business environment, including support for access to finance, information, and markets.
Celebrating Micro, Small and Medium Sized Enterprises Day: Supporting Small Businesses Through The COVID-19 Crisis

Let's not forget that these enterprises, which generally employ fewer than 250 persons, are the backbone of most economies worldwide and play a key role in developing countries.

According to the data provided by the International Council for Small Business (ICSB), formal and informal Micro-, Small and Medium-sized Enterprises (MSMEs) make up over 90% of all firms and account, on average, for 70% of total employment and 50% of GDP.

That is why the General Assembly declared 27 June Micro-, Small and Medium-sized Enterprises Day, to raise public awareness of their contribution to sustainable development and the global economy.

Explore this infostory to discover the full potential of the MSMEs in securing a better future of work of everyone.

MSME Day 2020 - COVID-19: The Great Lockdown and its impact on Small Business

These types of enterprises are responsible for significant employment and income generation opportunities across the world and have been identified as a major driver of poverty alleviation and development.

MSMEs tend to employ a larger share of the vulnerable sectors of the workforce, such as women, youth, and people from poorer households - populations with high vulnerability in times of COVID-19. MSMEs can sometimes be the only source of employment in rural areas. 
As such, MSMEs as a group are the main income provider for income distribution at the “base of the pyramid”.


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Five Facts About Borehole Drilling That You Need To Take Note Of:
1. Know Your Borehole Casings:The Preferred Borehole Casing In Zimbabwe Is Class 9 and 10 (Pressure Classes.)This is because Class 9 and Class 10 Casings are more collapse resistant. The strength of a Casing is often described as collapse resistance.

2. Borehole Drilling Depth: The exact depth, of where the water is located, cannot be established by the drilling contractor nor the Water Surveyor (Borehole Siter).

3. The Is No 100% Guarantee On Water: It is important to note that it is never a 100% guarantee that any hole will yield water, the amount and water quality can also not be guaranteed by the drilling contractor and water surveyor.

4. Borehole Siting or Water Surveying Is Important: Making use of a hydrologist or traditional water diviner will increase your chances of having a successful borehole that will yield a sufficient amount of water.

5. Know The Risks: The risk of the borehole drilling lies with the property owner. The client will still be liable for the drilling costs irrespective of a borehole yielding water or not.

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Business Offices: 65 Churchill Avenue, Alexandra Park, Harare North, Zimbabwe.

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Office Numbers: +263 242 48 0141 and +263 867 71 88844

Sales: +263 78 860 8009
Operations: +263 78 860 8005
Marketing: +263 78 876 6701

Email: info@nakisoboreholes.co.zw
Website: www.nakisoboreholes.co.zw

Nakiso Borehole Drilling - The Best Borehole Drilling Company in Zimbabwe!

Nakiso Borehole Drilling has experience and knowledgeable workforce to work on any type of installation. From solar powered, electrical and manual pump installation, we do it all under one roof. Nakiso Borehole Drilling covers borehole siting, drilling and installation of pumps.