How Policies Affect Economic Growth of SMEs- Zimbabwean Script 2016-2020


  • Dr. Whatmore Chikwature Africa University, Zimbabwe


Economic Growth, Inflation Trends


The Research investigates how policies affect economic growth in Zimbabwe after the dollarization of the economy, using primary data obtained from the employees of companies operating in Zimbabwe as well as the Ministry of Industry, Commerce and Enterprise Development and Zimbabwe National Chamber of Commerce staff members. Data collected was presented quantitatively using tables and other quantitative presentations.

 A total sample size of 224 respondents purposively selected to give their honesty opinion on the topic under study. This study used the Logistics (Logit) model to quantify the impact on economic growth caused by Non-tariff barriers (NTBs) to trade in general, particularly the aforementioned SI 64 of 2016.The results of the study revealed that Anti-dumping Laws and, Intellectual property rights, import licenses and customs valuations are respectively 0.9 times and 0.7 times less likely to yield economic growth in the Zimbabwean context.

The findings also suggested that positive improvements in export measures are more than 2 times more likely to ignite economic growth and development and more importantly, a positive strust in implementation of the the Statutory Instrument 64 of 2016 is approximately 1.13 times more likely to yield significant economic growth in general particularly in the Zimbabwean context. 

Those economic agents who understood the concept were very receptive and supportive. However, some who felt that their value chain had been interrupted perceived the Statutory Instrument to have done more harm than good since its inception in 2016. Proponents of a negative impact of SI 64 of 2016 on the Zimbabwean economy include; informal cross-border traders and most small to medium local companies (SMEs) who survived on imports for their business.


Download data is not yet available.

Author Biography

Dr. Whatmore Chikwature, Africa University, Zimbabwe

Ministry of Higher and Tertiary Education, Science and Technology Development


Brou, D and M. Ruta (2013) A Commitment Theory of Subsidy Agreements.B.E. Journal of EconomicAnalysis and Policy, 13, 239-270.Korinek and Kim, (2010)

Chauke et al., 2013).

Field (2005) Reliability Analysis. In Field A. Ed. Discovering Statistics using SPSS 2nd Edition.Sage. London

Ganguli, B (2008). The trade effects of Indian antidumping actions. Review of International

Korinek, J and Kim, J (2010). Export restrictions on strategic raw materials and their impact on trade and global supply. OECD Trade Policy Working Paper No. 95.Hosmer and Lemeshow

Martin and Anderson, (2011)

Ministry of Finance (2016),

Mnayeruke, C. (2007) The world trading organisations and developing countries, a case of Zimbabwe, A thesis submitted in fulfillment of the requirements for the Degree of Doctor of Philosophy, University of Zimbabwe, Institute of development studies, Harare.

Pallant, 2013).A Step by Step Guide to data analysis using IBM SPSS(4th Ed.

Yehuala (2008), The Accessibility of Microfinance for Small business, 2008.

Zimbabwe National Statistics Agency, (2015)

Zimbabwe National Statistics Agency, 2015).




How to Cite

Dr. Whatmore Chikwature. (2020). How Policies Affect Economic Growth of SMEs- Zimbabwean Script 2016-2020. SOCIALSCI JOURNAL, 6, 152-165. Retrieved from



Research Articles