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Start-ups in trouble in testing economy

written by Adelaide Moyo, Group Managing Editor 0 comments
Among the factors that are hampering the growth of SMEs in the country include ongoing currency issues, regulatory hurdles,
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MANY small and medium-sized enterprises (SMEs) are increasingly facing the prospect of closing their doors due to the prevailing tough economic conditions. These businesses, which form the backbone of Zimbabwe’s economy, have to contend with ever changing market conditions and high operational costs related to essential resources — leading to persistent viability challenges. Among the…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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