Ok Zimbabwe Closes Five Branches

Ok Zimbabwe Closes Five Branches By Business Reporter- Zimbabwe’s largest retailer, OK Zimbabwe, has shut down five outlets nationwide, citing a harsh trading environment and mounting financial pressures. The closures come just weeks after rival retailer N …

Zimbabwe Economic Update: Improving Resilience to Weather Shocks and Climate Change

  Agriculture is central to Zimbabwe’s food security and economic stability. The sector contributing 17% to GDP and 40% to exports, supplying 68% of raw materials to the manufacturing sector, and employing 70% of the population. However, its heavy reliance …

The futility of Zimbabwe’s crackdown on the informal sector

Tendai Ruben Mbofana In a desperate bid to rein in the rapid informalization of the economy, authorities have introduced new measures designed to level the playing field between formal and informal businesses.  Yet, history provides a compelling argument …

Zimbabwe’s retail sector crisis worsens as shops continue closing; Finance minister laments ‘informalisation’ and ...

By Staff Reporter  THE retail sector in Zimbabwe is faced with a crisis following the closure of several branches, including those of reputable retailers and wholesalers owing to myriad factors. This Thursday, President Emmerson Mnangagwa interrupted his …

Buy Zimbabwe undergoes restructuring

In-tray for new Zifa board full… Overall task: To provide a blueprint for Zimbabwe soccer renaissance

Stanford chiwanga, [email protected] THE recent ascendancy of Nqobile Magwizi as Zifa President, flanked by Kenny Ndebele and Loveness Mukura as his deputes, presents a pivotal juncture for Zimbabwean football. The game, currently grappling with a myriad …

Battling Economic Informalisation: An Analysis of Zimbabwe’s Economic Landscape

The Zimbabwean economy, long characterised by its dual structure of formal and informal sectors, faces a monumental challenge in formalising its operations. With Finance Minister Prof. Mthuli Ncube spearheading efforts, the government aims to revitalise …

President Ramaphosa Attends The Southern African Development Committee (SADC) Extraordinary Summit In Zimbabwe

(MENAFN- APO Group) President Cyril Ramaphosa has this afternoon, 31 January 2025, arrived in Harare, in the Republic of Zimbabwe to participate in the Southern African Development Committee (SADC) Extraordinary Summit of Heads of State and government to …

President Ramaphosa in Zimbabwe for SADC summit on DRC crisis

President Cyril Ramaphosa has arrived in Harare, Zimbabwe, to attend the Southern African Development Community (SADC) Extraordinary Summit of Heads of State and Government to discuss the security situation in the Democratic Republic of Congo (DRC). The …

IMF team in Zimbabwe to discuss economic developments and debt resolution

Nqobile Bhebhe, [email protected] AN International Monetary Fund (IMF) team is in the country to discuss economic developments, financing gaps, and the Staff Monitored Programme (SMP), as Zimbabwe takes a crucial step towards debt resolution. The …