Search results for 'Formal Economy'
Zimbabwe
Zim's Licensing Burden: Over 25 Licenses, Permits Required to Operate One Supermarket
Operating a single supermarket in Zimbabwe requires over 25 licenses and permits, making it challenging for businesses to operate. This is despite the mantra, Zimbabwe is open for business. These li
Sep 24, 2024
Zimbabwe
ZiG’s Weekly Review as Stability Remains in Focus: Is This a Turning Point or a False Dawn?
The Zimbabwe Gold (ZiG) experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri
Jan 31, 2025
Opinion
Mad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids
Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol
Mar 26, 2025
Zimbabwe
A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods
In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has
Aug 21, 2025
World
Africa Ranks as Epicentre of Child Poverty, Yet Possesses 30% of Global Rare Riches: An Analysis
The past decade has witnessed gradual but persistent progress in reducing extreme child poverty globally, yet children remain disproportionately affected by poverty compared to adults. Despite advanc
Sep 24, 2025
Companies
AFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
Feb 02, 2026
Companies
More Duty, Less Revenue: How Zambia's Tobacco Crackdown Built a Black Market Instead
BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that
Mar 14, 2026
Top Stories
IMF Warns of Stagflation Trap in Emerging Markets as Limited Middle East Conflict Tests Policy Limits
The International Monetary Fund (IMF), has uncovered a overlooked risk in its latest global outlook, a stagflationary trap that could grip emerging markets and developing economies far more severely t
18 hours agoZimbabwe 4th in SADC for Organised Crime Vulnerability, Yet Relatively Safer Continent-Wide
Zimbabwe has recorded its sharpest quarterly jump in police-reported crime in 2025, with 426,946 offences logged between October and December, a 12.1% increase from the 380,727 cases in the third quar
20 hours agoMutapa Investment Fund Posts First Meaningful Operating Surplus, Lines Up Over USD1 Billion in New Deals for 2026
Mutapa Investment Fund has delivered its most ambitious set of results since inception, reporting total assets of USD16.5 billion and total comprehensive income of USD1.4 billion for the year ended 31
21 hours ago
