Tracking the Business and Economic Impact of Covid-19 in Zimbabwe

Covid-19: The Global Pandemic

The Covid-19 pandemic which originated in Wuhan Province in China has ravaged the whole world through morbidity and mortality, notwithstanding the socio economic implications of the pandemic on global economies. The disease is highly contagious knowing no barriers and in response countries have responded by locking down their economies. This has affected trade and investment, thereby disrupting global supply chains with downstream effects on value addition and the local economy has not been spared of Covid-19 effects.

Weekly Covid-19 Assessment

In order to assess the impact of the pandemic on the manufacturing sector, CZI is carrying out a weekly snap survey of the local industry. The study covers the period between 25 March 2020 to 30 March 2020 and responses were received from firms in the following sectors: Foodstuffs; Beverages and Tobacco; Chemical and Chemical Products; Paper Printing and Publishing; Clothing and Footwear; Metal and Metal Products; Insurance.

The government ordered a national lockdown in order to combat the spread of the disease, Covid-19. The effects of the lockdown are not captured in this current snap survey but will be captured in subsequent weekly surveys which will follow. Below is a synopsis of the results of the survey on the impact of the pandemic on business operations.

Download full report here (599 KB PDF)

Source: Confederation of Zimbabwean Industries (CZI)

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