Wednesday, 25 February 2015

Economic meltdown in Bulawayo

Image result for small to medium enterprisesAlthough the massive economic problems Zimbabwe is grappling with are not unique to Bulawayo, it is probably the country’s hardest-hit city. It has seen countless company closures and downsizings. Many people have relocated their businesses to Harare, leaving the once productive industrial areas of Belmont and Donnington bereft. 
A significant number of factories have been turned into shops and warehouses for imported goods manufactured elsewhere. 
  The likes of (supermarket retail chain) TM, Delta (Beverages) and Datlabs are some of the few companies that have remained viable and that is only because of external funding support from South Africa, some industries can no longer be revived, especially those in textile and footwear, because of competition from cheaper imports.


Bulawayo: Former factory now church
 This former factory in the Belmont industrial area has been converted into a Pentecostal church.

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