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Why Businesses Are Shutting Down in Zimbabwe?

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Well spoken
Comment from : @IRONMAN_VEVO

Time for Zim men to put on their fighting amour Amandla! 🇿🇦✊
Comment from : @swazirebel7316

3Aids levy ikuendepi
Comment from : @alue7459

Jerry you are trying to create jobs for university students when the government is saying they must create their own jobs!!! Also what really doyou mean by "CHANGE MINDSET"? When a bank chops $35usd every month from an account how do i change mindset? By stopping using banks??
Comment from : @chrisvutete2109

New sub 👋brGreat content
Comment from : @DjPNuTMatsa

POLITICAL INSTABILITY PLAYS A BIGGER ROLE IN THE DOWNFALL OF ANY ECONOMY, THE OPPOSITE IS ALSO TRUE
Comment from : @phresh-will-reacts

How can we use local currency which can not buy fuel ,passport fee and etc what you are saying can only work if the political toxicity end in our country
Comment from : @godfreymakuvaza6572

We need genuine People to change everything and built our own economy Those who are on power are corrupt thugs
Comment from : @JamsjoeBaloyi

You need to go back and do your homework again, POLITICS IS THE ROOT OF EVERYTHING in a country!
Comment from : @briansmp5125

Jerry, can you look at the cost composition aspect of retailers and tuckshops on the same line items
Comment from : @langtonmtemeri2925

Use local currency whilst wholesalers and retailers are buying goods from abroad with forex How do they restock their shelves "To say the least"
Comment from : @charleszvidzo8107

Zimbabwe has NO CURRENCY Our financial system is not compatible with global financial systems Expect more doom in the coming months until zig collapses and a new FAKE CURRENCY is introducedm
Comment from : @Thumbu-mz4up

Yu see my brother I think we all have the entrepreneur spirit but what is happening in our country ryt now politics is just biased,the economy cannot function
Comment from : @ArchifordChifamba

Are people "keeping" or "saving" money?brHaa tsano ava ka!
Comment from : @nathanmajuru6317

I think you have a point and you are right The only people that can fix our economies are Africans themselves This idea of dependency on other nations has crippled us and what is needed is for us to go back to the drawing board and think about what it is that is very important
Comment from : @tawandarazika

Hapana zvaurikutaura iwe Enda unogeza mukanwa
Comment from : @samuelgunduza6653

You said all the points but failed to mention the chief cause which is poor policies from the authorities We work hard but get nothing in return and mostly due to bad policies and corruption
Comment from : @tafadzwamherekumombe7676

This analysis is empty without mentioning the errors in our political system The relationship between the Zimbabwean government and its political system is deeply intertwined But you had the audacity to say the government is trying its best to stabilise things Have some shame
Comment from : @SlyChihwanda

Absolute hogwash
Comment from : @marlin7042

It's not a mindset issue, it's a political issue
Comment from : @MaiA-Jay

Brah, all you are talking about is YouTube news This is crap
Comment from : @CassandraShapeu-h3p

Your analysis would make sense if you were 100 honest about the situation in Zimbabwe Suggesting that we ignore politics is not clever when Economics 101 says it is a big factor
Comment from : @zibusisomzilawulandwangwen2355

US dollar is not the problem sir If you did Economics you'll know that taxes "contract" the economy Formal businesses are now faced with high operational costs due to taxes and these will be passed to the consumer, hence why their goods are expensive On the other hand, the same businesses are competing with informal tuck-shops that don't pay any taxes, hence why their goods are cheaper
Comment from : @infiniteradio8609

Problem is gvt is forcing local businesses to use local currency which the government doesnt recognise ZiG is only good for change in Kombi
Comment from : @ohmydanks

So what i get here is that the people are reping and the system is suffering including those who work with it
Comment from : @Kingofsouth00

Ehe Trump ngaarumure vanhu toitwa spoon feeding kusvika riinhi nhai?we were paying Aids levy all these years so no Zimbabwean who needs ARvs should go without becasue Trump will not be paying for them No! Open those Aids levy coffers
Comment from : @chichistevenson9317

ZANU pf is a big problem in Zimbabwe must go let's not hide behind the figure ZANU ZANU ZANU pf
Comment from : @PrinceNoxMunyama

Banks must increase interest rates in order to attract deposits
Comment from : @bharatdesai1711

Kana Ok avhara achazvigona ndiani Deal with corruption first
Comment from : @lettyfiles4247

usd chibaba
Comment from : @faraigamira

Mthuli Ncube
Comment from : @douglasmpofu

Po mhata iwe zi ZANU beche ramai vako rakaora
Comment from : @lorrainchanda6803

The root cause of everything you said is due to a failed economy because of politics specifically because of Zanu PF As long as those people are in power, Zimbabwe will continue falling deeper into poverty I'm not even 30 years old yet but it's general knowledge brbrSeems everyone especially you socialites are afraid to speak the truth on social media in the hopes of Wicknel buying you a car Apo it's your tax money being squandered through corrupt tenders with nothing being delivered
Comment from : @kwanziquadrillion525

You totally ignored the elephant in the room which is Zanu PF and told us a lot but said absolutely nothing What a waste of 15 minutes of my life I am just setting my YouTube to not recommend your channel on my timelinetsmmm😊
Comment from : @j2b348

In Britain our economy is also shaking, councils don't have money and cutting services
Comment from : @symlexbrn5396

We all blame it to ZANU PF and Emerson mnangagwa they are the reasons why businesses are closing in Zimbabwe
Comment from : @cogenndaba1845

I support the point to let some workers outbrBt boom, the company decided not to renew my contract by the end of this monthbrWhat can I do? The company is fighting to survive😮
Comment from : @artwellmtombeni1916

Rabishi remunhu
Comment from : @nomorekureva7523

You doing good…
Comment from : @shingynavs8235

African misLeaders do not give a shat about African people, they only steal from their fooled masses who believe in them
Comment from : @iboforoma7439

Better analysis than any economics phD brSure we need to restrategise and build our own economy
Comment from : @ossie500

is this the guy that was being flamed on X for his business practices?
Comment from : @nyashachizampeni6596

Explanation ye currency iyo is not make sure Why not do a route cause analysis tirege kuibatira padumbu To conclude that companies are closing because people are now saving USD for me is oversimplified
Comment from : @tnash1023

we all know the Elephant in the room
Comment from : @orionfx8988

My mentor 😍🫡🫡🫡🫡
Comment from : @CRMunashe

Whenever i hear someone say ignore politics i instantly know they are on a lost tangent We are in this mess because of politics No change in mindset will fix this economy if we dont attend to our politics first
Comment from : @tafadzwachimusaru987

They have made profit let them open doors for new comers
Comment from : @ThabaniNgwenya-yf2vd

Thank you Jerry for this analysis, we always get informative content from this channelbrbrI have a question, does this crisis we are in affect remmitance companies directly? the likes of Mukuru, Inbucks, Access Forex and others How are they affected by this and what strategies can be implemented to survive in this situation?
Comment from : @stephenzona6606

Enough respect mentor
Comment from : @garikaisbepura720

we need to find ways to hold government to accountgovernment needs to let the currency float
Comment from : @munyaradzisibanda-e7o

As a comments section analyst, it's just the shape of the head that has called me to action
Comment from : @delanocruz7958

Its all about Politics
Comment from : @OniasShikita

Don't use votes that you not get and poverty suffered
Comment from : @ThomsonDube

Zimbabwe yagara ichinyepera vanhu ichiti iri under sanctions Saka Trump avafumura ati no more mari yake hakuchina zvapera manji so we say tambirayi ma sanctions amayi chemera 😂
Comment from : @gracezijena2598

I forgot the crazy taxation
Comment from : @GiftMutyakurewa

The policies in Zimbabwe are not conducive for business,from extortion from the mob(Zanu pf),to forcing the ZIG on businesses while their fuel businesses does not take the ZIGThe ZIG is the elephant in the roomBut if you are a true business person just move to are countries like Zambia and Tanzania
Comment from : @GiftMutyakurewa

Mindset merchats are notorious for ignoring the reality on the ground
Comment from : @methembethomastshuma9587

THE MINDSET THAT NEEDS TO BE DEVEKOPED IS AN AFRICAN UNITY FINANCIALLY AND IN ALL OTHER AREAS , BORDERS ETC IF AFRICAS ECONOMY UNITED IT WILL WORK
Comment from : @olivermutswiri1748

You are completely missing the point, my brother You know for an economy to function well there should be a stable environment in terms of politics and governance in our case now, majority of the youths a digging for gold and other minerals which are all illigally exported and all the earning lost Chinese people a busy mining and smuggling minerals as well as laundering money Legitimate businesses like OK are forced to sell in Zig but their expenses are in USD which there can not get from the banks Its not that people are not working hard, they actually wa t to work tgats why they are going to several countries to work In Zim, as it is, even if you work 24/7 in the current environment, you will still lose The political situation has to mature enough to create confidence in the country, right now people know something can drastically change for worse at any moment hence they are afraid of this situation
Comment from : @rashedngadze8853

Zimbabwe has everything except leaders We have a useless president
Comment from : @edwinmutyaso4988

We don’t need entrepreneurs, but problem solvers and good ideas We can’t beat the west but we can learn from them just like what China did
Comment from : @williammutangadura6973

The pricing in Supermarkets are absurd , l dont think there is a valid excuse for it The economy is better off with more SMEs than this multinational cooperations
Comment from : @veemuyambo

So why are companies shutting down????
Comment from : @lloydmushambaropa

We need to push ,
Comment from : @supaprintmedia6932

People's spending habits have not changed at,that is evidenced by the thriving informal market, u mentioned how u picked a paper bag worth of groceries for $80usd ,why would any sane person go to a retail that clearly charges more The second thing you should know is that people have no savings and the few who do keep money at home because bank have forgotten their mandate of being money lenders and instead sustain themselves from charging people bank charges USD is not the problem, the problem are the policies in place and taxes Companies are closing because of the very harsh economic environment During rtgs there were sin taxes like sugar tax or taxing of punters
Comment from : @Mbelzebulle

Please take no offence but I was hoping you would tell us something new
Comment from : @Bango05-09

Thanks so much for the analysis brbrYou're right, it's not easy, we will do our best in strategic planning brbrHowever, the fact remains - this can be fixed within a few months politically Look at the NGU period
Comment from : @to_zet

This rhetoric of using our currency we have tried so many times and we have come to the conclusion that it does not work
Comment from : @johnmandie8194

The problem is Zanu
Comment from : @wisemanchibaya-ge6kl

I really think this is not your topic your submissions of what is causing closure of businesses is really not speaking to reality You can not say retailers are losing business because people are now saving more money due to use of USD that narrative is not correct
Comment from : @taskdings