{"id":103541,"date":"2025-01-27T12:27:45","date_gmt":"2025-01-27T10:27:45","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention"},"modified":"2025-02-09T17:26:08","modified_gmt":"2025-02-09T15:26:08","slug":"formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention","title":{"rendered":"Formal Retailers Alarmed By Business Closures, Seek Mnangagwa’s Intervention"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Confederation of Zimbabwe Retailers (CZR) is alarmed by the closure of formal retail and wholesale businesses and has urged President Emmerson Mnangagwa to intervene and save the sector.<\/p>\n

In a statement on Sunday, CZR president Denford Mutashu said the continued closure of formal retail and wholesale businesses is a direct consequence of the tough economic environment that has consistently failed to support formalized sector players who face stiff competition from informal businesses and vendors, most of whom have no tax obligations.<\/p>\n

Mutashu expressed concern that authorities continue to downplay the crisis. He said:<\/p>\n

The Confederation of Zimbabwe Retailers is deeply concerned about the continued closure of formal retail and wholesale businesses, a direct consequence of the prevailing turbulent economic environment that has consistently failed to support formalised sector players.<\/p>\n

The recent closure of several outlets under the N. Richards Group, coupled with Spar Zimbabwe\u2019s painful decision to shut down Queensdale Spar, Choppies Zimbabwe\u2019s exit from the market, and Mahommed Mussa\u2019s significant reduction of shop space by 60%, highlights the growing crisis.<\/p>\n

As the representative association for these and other brands, CZR is alarmed that while formal businesses face enormous challenges, the authorities continue to present a different picture of the operating environment.<\/p>\n

Mutashu said the unregulated informal sector offers goods at much lower prices because it operates outside compliance with statutory obligations such as taxes, licensing fees, and labour laws.<\/p>\n

He called for urgent intervention by President Mnangagwa to \u201crescue what remains of the formalized retail and wholesale sector.\u201d Said Mutashu:<\/p>\n

While CZR acknowledges the continued support from the Ministry of Industry and Commerce, it is clear that the root causes of these challenges are fiscal and monetary in nature. These require urgent and decisive action to ensure the survival of formal businesses.<\/p>\n

CZR therefore appeals to the Presidium to prioritise interventions aimed at saving jobs and mitigating the ongoing wave of shop closures and retrenchments.<\/p>\n

For More News And Analysis About Zimbabwe<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The Confederation of Zimbabwe Retailers (CZR) is alarmed by the closure of formal retail and wholesale businesses and has urged President Emmerson Mnangagwa to intervene and save the sector. In a statement on Sunday, CZR president Denford Mutashu said the continued closure of formal retail and wholesale businesses is a direct consequence […]<\/p>\n","protected":false},"author":84,"featured_media":103540,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[4970,4819,3806,5311,10481,19],"class_list":["post-103541","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-confederation-of-zimbabwe-retailers","tag-czr","tag-denford-mutashu","tag-retailers","tag-tuckshops","tag-zimbabwe"],"yoast_head":"\nFormal Retailers Alarmed By Business Closures, Seek Mnangagwa's Intervention - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Confederation of Zimbabwe Retailers (CZR) is alarmed by the closure of formal retail and wholesale businesses and ha ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Formal Retailers Alarmed By Business Closures, Seek Mnangagwa's Intervention\" \/>\n<meta property=\"og:description\" content=\"The Confederation of Zimbabwe Retailers (CZR) is alarmed by the closure of formal retail and wholesale businesses and ha ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-27T10:27:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-09T15:26:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2025\/01\/sm_1737968579.564147.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"533\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Formal Retailers Alarmed By Business Closures, Seek Mnangagwa’s Intervention\",\"datePublished\":\"2025-01-27T10:27:45+00:00\",\"dateModified\":\"2025-02-09T15:26:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\"},\"wordCount\":341,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2025\/01\/sm_1737968579.564147.jpg\",\"keywords\":[\"Confederation of Zimbabwe Retailers\",\"CZR\",\"Denford Mutashu\",\"Retailers\",\"Tuckshops\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/formal-retailers-alarmed-by-business-closures-seek-mnangagwas-intervention\",\"name\":\"Formal Retailers Alarmed By Business Closures, Seek Mnangagwa's Intervention - 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