The Zimbabwe National Statistics Agency (ZimStat) is set to commence the listing phase for the 2025 Economic Census next week, marking an important step in the data collection process.
This preliminary phase will lay the groundwork for a comprehensive inventory of all business establishments across Zimbabwe. In a statement released yesterday, ZimStat outlined the objectives of the listing exercise.
It aims to gather detailed information on business establishments, including their registered names, addresses, trading names, registration and operating status, main economic activities, turnover, employment figures, and capacity utilization.
“The listing exercise entails collection of information for use in compiling a comprehensive inventory or directory of all businesses and establishments within Zimbabwe,” the agency stated.
This effort is designed to prepare for the more extensive data collection that will occur between April 2025 and June 2026. Ms. Mercy Chidemo, ZimStat’s public relations and communication manager, emphasized the importance of cooperation from business owners and managers.
“Every person who is owner, manager or acting as the head of the establishment during the economic census period shall ensure that information of the establishment as the authorised officer may require are supplied in respect to the economic census,” she said. She further clarified that non-compliance could result in penalties, including fines or imprisonment, underlining the seriousness of the exercise.
The economic census is a significant undertaking for Zimbabwe, offering a vital data-driven perspective on the nation’s economic landscape. The success of the listing exercise is critical for the accuracy and completeness of the subsequent census. The data collected will provide a detailed snapshot of Zimbabwe’s entire business environment, encompassing both formal and informal sectors.
This comprehensive overview is crucial for policymakers, as it offers insights into sectoral distributions, business sizes, and geographical locations. Such data enables informed decision-making regarding resource allocation, infrastructure development, and the creation of support programs.
Furthermore, the census results will enhance Zimbabwe’s appeal to potential investors by highlighting the size and potential of various business sectors. Investors often seek reliable data to gauge market opportunities, and a well-documented business landscape can improve investor confidence.
The economic census will also help identify specific needs and challenges faced by different business segments. This information is invaluable for developing targeted support programs and incentives aimed at addressing these needs.
By establishing a baseline for the national economy, the census will facilitate the accurate measurement of progress and the effectiveness of economic policies over time.
Data on industry trends, growth areas, and employment patterns will inform long-term economic development strategies, ensuring that future initiatives are aligned with the real-world dynamics of Zimbabwe’s economy. This strategic approach can contribute to more effective planning and sustainable economic growth.