TravelTill

Economy of Bulawayo


JuteVilla
industrial centre. The city still contains most of what remains of Zimbabwe's heavy industry and food processing capability including a Thermal Power Station which resumed operations in February 2011 after a capitalisation deal with the Government of Botswana where Bulawayo would supply 45 Megawatts in three years. Like many parts of the country, Bulawayo has for the past ten years seen a huge drop in service delivery and an increase in unemployment due to the number of resignations of people seeking better prospects across the border. Many people resorted to farming, mining and the black market for sustenance, while others depended on the little foreign currency that would be sent by family in other countries. However, with the introduction of the multi-currency system in 2009, a new approach is seen by investors in the city who admire the already-available infrastructure and the huge workforce and Bulawayo as great prospects for the future and is set to once again contribute greatly to the economy of Zimbabwe. The city is served by Joshua Mqabuko Nkomo International Airport which has been expanded a number of times to cope with the influx of visitors into the region. The Edgars clothing stores are headquartered in Bulawayo. The Rovos rail run luxury train, Pride of Africa makes a stop in Bulawayo for pick up and dropping off passengers. Bulawayo is situated along the Trans-African Highway network important trade route of Cairo – Cape Town Highway. Most of the city's industries are privately owned, especially in the transport sector
JuteVilla