Industry is yet to gather data on how much sales are being generated in foreign currency although there is an increase in the use of domestic nostro accounts to settle transactions as RTGS liquidity b...
By Staff reporter | Published: 01 September 2020
THE incessant power cuts being experienced across the country have hit the informal sector hardest with players now spending long hours or days without production. The power utility, Zesa, is implemen...
By Staff reporter | Published: 09 July 2019
ZIMBABWE Stock Exchange-listed financial services group, Old Mutual, says its $21,4 million state-of-the-art small to medium enterprises (SMEs) Eastgate Market in Harare would be opened next month.Spe...
By Staff reporter | Published: 05 July 2018
FAST-growing Gweru-based medical aid company, Zimbabwe General Medical Aid Fund (ZG Medical) has begun tapping into the country's vast jobless market, which is usually neglected by most insurance and...
By Staff reporter | Published: 05 July 2018
Zimbabwe will carry out a comprehensive study on the informal sector to guide the Government in making policies meant to grow and integrate the sector into the mainstream economy, a Cabinet minister h...
By Staff reporter | Published: 24 June 2018
THE informal sector says it is struggling to make ends meet and has not seen much change in the economy since the coming-in of the new government.Company closures and retrenchments have seen rising un...
By Staff reporter | Published: 23 April 2018
The National Social Security Authority (NSSA)'s much-awaited pension and health insurance schemes for the informal sector have been established, with paid-up beneficiaries being entitled to retirement...
By Staff reporter | Published: 16 April 2018
Zimbabwe has the second largest informal economy as a percentage of its total economy in the world, after Bolivia, the International Monetary Fund has said. In a working paper titled, "Shadow Economie...
By Staff reporter | Published: 29 January 2018
Manufacturing activities in the informal sector stand a better chance of earning higher monthly revenues than those in the retail and services, a new report has shown. According to the Zimbabwe Nation...
By Staff reporter | Published: 11 December 2017
The National Social Security Authority (Nssa) says it is ready to administer its voluntary pension scheme for the informal sector."Our actuaries are currently working on the model and design of the sc...
By Staff reporter | Published: 05 December 2017
ZIMBABWEAN business persons based in South Africa have expressed interest in partnering the local informal sector to unlock economic growth.Energised by President Emerson Mnangagwa's call for the dias...
By Staff reporter | Published: 30 November 2017
THE National Social Security Authority says it has tabled the proposed social security scheme for the informal sector with an inter-ministerial task-force.In an interview with The Herald Business on p...
By Staff reporter | Published: 04 September 2017
ZIMBABWE's informal sector could be the sixth largest in the Sub-Saharan region, contributing between 40 percent and 50 percent to economic growth - an estimated $7 billion - especially for the four-y...
By Staff reporter | Published: 12 July 2017
The National Social Security Authority says it will provide the necessary funds to the informal sector as part of efforts to incorporate informal businesses into the formal sector.Speaking on his retu...
By Staff reporter | Published: 10 July 2014
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
By Staff reporter | Published: 12 May 2014
Zimbabwe's informal sector's contribution to the country's Gross Domestic Product is expected to increase in the outlook period, according to estimates by the Zimbabwe National Statistics Agency (ZimS...
By Lynn Murahwa | Published: 09 May 2014
Government is working on a cocktail of measures to formalise small and medium enterprises so that they pay taxes and directly contribute to economic growth. Experts from South Korea will assist the go...
By Staff reporter | Published: 15 April 2014
ZB Holdings plans to increase its services to the informal sector as the group has proved to be a low default risk when it comes to loan repayments.ZB Holdings business development manager Shadowsight...
By Staff reporter | Published: 08 April 2014
INFORMAL traders in Harare have said they have not yet cashed in on proceeds from tobacco sales this year as most farmers have been affected by low prices obtaining at the auction floors and are not k...
By Staff reporter | Published: 17 March 2014
Finance Minister Patrick Chinamasa on Wednesday criticised local banks for failing to come up with innovative strategies to tap into the informal sector, which is now driving the economy.Addressing d...
By New Ziana | Published: 16 January 2014
ZIMBABWE has to face the reality that the informal sector is now the dominant force of the economy, Finance and Economic Development Minister Patrick Chinamasa has said.Giving the keynote address at t...
By Staff reporter | Published: 16 January 2014
ZB Bank Limited (ZB) has unveiled a $1 million loan facility targeted at boosting the informal sector's capacity.The "Informal Trader" scheme comes on the back of the institution's recent introduction...
By Staff reporter | Published: 13 December 2013
Discussions to incorporate informal sector employees under social protection cover on a voluntary basis have begun, a NSSA general manager James Matiza has said. The development comes at a time more t...
By Staff reporter | Published: 05 September 2013
BULAWAYO'S informal sector is singing the blues, as business continues to be depressed, largely due to cut-throat competition and a cash squeeze in the second largest city.In interviews, informal trad...
By Staff reporter | Published: 14 August 2013
The informal sector contributes around 19.5% of Zimbabwe's gross domestic product or a total value added of $1.73 billion. According to figures from Zimstat the total value added for the inform...
By Financial Express | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
