By Tino MazorodzePresident, IBZim Blog
The top 10 richest Companies in Zimbabwe in 2024
business
rankings
2 mins
Even though Zimbabwe is struggling economically companies still find a way to profit and survive through these hardships. These successful companies are all around us as we walk around especially through Central businesses areas.
Business Statistics in Zimbabwe 2024
- The GDP in Zimbabwe for 2023 was $32.22 Billion
- There are over 500,000 registered business in Zimbabwe
- Only 3% of businesses in Zimbabwe make a monthly profit above $10,000
- Most Zimbabwean businesses are retails grocery shops
Top 10 richest companies in Zimbabwe in 2024
Rank & Name | Market Cap | Est Employees |
---|---|---|
#1 Delta Corporation | $0.6 Billion | 5000 |
#2 Econet Wireless | $0.3 Billion | 2500 |
#3 Inncor Africa | $0.2 Billion | 10000 |
#4 FBC Holdings | $0.1 Billion | 800 |
#5 CBZ Holdings | $0.1 Billion | 1300 |
#6 Old Mutual Zimbabwe | $85 Million | 1000 |
#7 Seed Co | $82 Million | 800 |
#8 African Distillers | $50 Million | 300 |
#9 Meikles | $45 Million | 600 |
#10 CAFCA | $25 Million | 1000 |
From the table above we can conclude that some companies are indeed making worthwhile profits within Zimbabwe. Whether or not you start your business in Zimbabwe is up to you but be rest assured with the right business plan you can setup a million dollar company within the country.