Data: Local Authorities Without Risk Management Policies

AN analysis of Auditor-General reports, spanning from 2020 to 2023, has revealed a critical failure among Zimbabwean local authorities to establish fundamental risk management policies, raising accountability fears. Risk management policies are crafted to guide institutions on how they can manage economic pitfalls that possibly lead to financial losses. Hence, the  failure by local authorities to…

ZIMBABWE’S manufacturing industry, though the largest single driver of the nation’s Gross Domestic Product (GDP), is showing sluggish growth, according to the latest 2023 Economic Census data. The census, which mapped 204,798 enterprises, shows that over 70% of business establishments are in wholesale, while only 8% are in manufacturing. The sector contributes 15.3% to GDP…

Data: Businesses registered with NSSA by Province

ONLY 5.9% of business establishments nationally are registered with the National Social Security Authority of Zimbabwe (“NSSA”), data by the Zimbabwe National Statistics Agency has shown. This figure is largely attributed to the overwhelming prevalence of informal businesses across Zimbabwe, with 76.1% of all establishments operating informally. Harare leads with 6.7% registered, while Mashonaland Central…