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As part of our series on Bulawayo #CityOnTheRise, we at Mukamba, have been drawing together articles, research, interviews and stories from the 2nd city in Zimbabwe. If you enjoy this article or are inspired, please contact us.

Bulawayo #CityOnTheRise: Article 5 of 8

As a continue from our last article, there are ample opportunities for value-addition and investment in Bulawayo’s economy. Bulawayo is not just a city, but also a regional trade and logistics hub. Let’s dive into some specifics. 

The wholesale and retail trade is flourishing, thanks to Bulawayo’s role as a regional trading hub. With robust logistics infrastructure, a healthy client base, and high trade volume, this sector is ripe for more investment. Moreover, the boost in trade also opens up opportunities for related industries. 

Moving on to manufacturing, Bulawayo has a rich history in this sector—particularly in food processing, engineering, and even more traditional industries like leather and textiles. However, the need for financial injection and technological revamp makes it an area hungry for investment. Boosting this sector could not only revive the city’s industrial prowess but also stimulate export activity and linkages within the local economy. 

The real estate activities and construction sectors too present promising opportunities. With growing population and commercial activities, there’s a consistent demand for property. Plus, the government’s Special Economic Zones (SEZ) program presents unique opportunities for construction of infrastructure, Industrial Parks, and more. Both sectors could feed into each other, creating spillover growth. 

Finally, the accommodation and food services sector tops the list of promising investment areas. As Zimbabwe continues to target more tourists and business travelers, Bulawayo’s hotels, restaurants and related services could certainly use a boost. There is potential for significant returns here, especially when combined with a robust promotion strategy. 

Bulawayo’s economy represents a rich blend of diversified sectors. Each sector plays a significant role in boosting employment and contributing to Bulawayo’s GDP. However, economic growth doesn’t operate in silos. Successful investment in one sector can stimulate growth in others, indicating a highly interconnected economy. This environment offers potential investors a wealth of opportunities, each promising in its unique way.         

1Gahadza, N. (2022) Bulawayo dominates provincial GDPs. Zimbabwe Situation. https://www.zimbabwesituation.com/news/bulawayo-dominates-provincial-gdps/. Accessed 14/3/2024

2ZIMSTAT. (2022). Provincial Gross Domestic Product 2019 to 2020. Available at: Final_Provincial_GDP_Report2019_2020.pdf (zimstat.co.zw). Accessed 14/3/2024

3Team, K. (2023). The evolution of Bulawayo, Zimbabwe’s real estate market over the last decade. Kurby Real Estate AI. https://blog.kurby.ai/the-evolution-of-bulawayo-zimbabwes-real-estate-market-over-the-last-decade/. Accessed 14/3/2024.

4Bhebhe, N. (2022). What makes Bulawayo’s economy tick?…Five keys drive city economy. The Chronicle. https://www.chronicle.co.zw/what-makes-bulawayos-economy-tick-five-keys-drive-city-economy/. Accessed 14/3/2024.

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