Bulawayo leads in formal businesses

Nationally, the wholesale and retail trade sector accounts for the largest proportion of businesses at 73,13 percent, followed by the manufacturing sector at 8,24 percent.

BULAWAYO has the highest proportion of formal businesses in Zimbabwe, according to a preliminary report from the 2023 Economic Census.The report, presented yesterday by ZimStat, revealed that 40,4 percent of the city’s 15 840 businesses are formally registered, versus a national average of 23,9 percent and Harare’s 23,8 percent out of its 83 267 businesses.Nationally,…

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