World Bank pushes Zimbabwe for formal jobs

A new World Bank report, 'The Zimbabwe Growth and Jobs Report', urges the country to convert recent economic stability into formal employment. According to New Zimbabwe, it notes growth averaged nearly 6% between 2021 and 2025, with inflation falling. Yet the report highlights that over 80% of workers remain in informal jobs, and the formal sector struggles with high taxes and regulatory burdens. The government's reliance on currency controls and state-led investment has failed to spur private-sector hiring. The core vulnerability is the disconnect between macroeconomic stability and the structural reforms needed to absorb Zimbabwe's growing labor force into formal employment.