South African country Zimbabwe is rich in mineral deposits of coal, platinum, gold, iron ore and other resources. The main exports of the country are raw tobacco, diamonds, refined petroleum, electricity, package medicaments, soybean oil. The main trade partners are South Africa, Mozambique, the United Arab Emirates, Zambia and Belgium, China and India.
The population of Zimbabwe is relatively not large, 16,15 mln people, only 31% of them are city residents. The average wage is $253 a month.
More than 2.2 mln people from South Africa, Malawi, Zambia, Mozambique, Botswana, US, UK and other countries visit Zimbabwe annually, as it is a very attractive tourist destination owing to several natural wonders located there and a very beautiful nature.
Zimbabwe`s economy is on the rebound after an economic crisis it has recently undergone, with unemployment and poverty as a result. Lack of work encourages the country residents to look for opportunities in entrepreneurship, which embraces franchise business as well. Despite the fact that Zimbabwe people are not highly qualified, they are considered to be good employees because they are very creative and industrious.
Franchise Association of Zimbabwe, which objective is to represent franchisor and franchisee interests in policy-making negotiations, supports all the franchise business in the country.
The most vacant niches for establishing a franchise company are mostly in food sector, hotel and home services, telecommunication, retail and beauty businesses.Browse franchise List in Zimbabwe
Currency: US dollar
Education Index (2013): 0.500
Official languages: 16 languages
Per capita GDP (PPP): $2,276
Quality-of-life index (0-10): out of list
Population: 16.15 mln
Total GDP (PPP): $33.872 billions
Ease of Doing Business Ranking, Rank: 159
Human Development Index (HDI): 0.516