With the Right Shifts, Zimbabwean Start-Ups Can Thrive

Like most African entrepreneurs, Zimbabwe’s entrepreneurs face tough economic, environmental and political factors–widespread poverty, major infrastructure gaps, unstructured markets and a rigid regulatory environment–that have a direct bearing on building successful businesses. However, the Zimbabwean entrepreneurial experience is a bit more challenging. Most entrepreneurs find themselves in a paradox, highly motivated by the prevailing hope…

African governments tend to limit entrepreneurship

By Nomawethu Moyo – DRG Writer Over the past two decades, development economics has increasingly emphasized the importance of promoting entrepreneurship as a strategy for growth among emerging economies. However, entrepreneurship is still not a public priority in many African countries, and the lack of well-established entrepreneurship ecosystems and an entrepreneurial culture has limited development…

Zim’s Route to Industrialization: Boom or Gloom for Next the Generation?

By Edward Muguza Over the past decades, Zimbabwean industries faced significant economic challenges which slowed down production. Industry capacity utilisation ranged around 30 percent during the 2008-2009 period and only rose recently to the current 50 percent (CZI, 2018). This grim performance has been offset by high levels of cheaper imports from neighbouring markets, which…