This paper examines the economic impact of the inception of the full dollarization 1 in Zimbabwe's economy after the effects of hyperinflation and an unprecedented depreciation of an exchange rate between 2000 and 2008. Dollarization is a generic word implying the use of any foreign currency as legal tender instead of the domestic currency. An analytical qualitative approach was adopted for this study. The analysis of the benefits and costs of dollarization to Zimbabwe's economy revealed how dollarization has impacted on the stabilization of Zimbabwe's economy. This article also highlights the fact that Zimbabwe is not the only country in Africa that has had to resort to adopting foreign currency as legal tender in an effort to remedy macroeconomic imbalances. To our knowledge, there is scant literature on dollarization in Africa and this is the reason why we have chosen to examine the impact of dollarization on Zimbabwe's economy. In addition, we add to Kurt Schuler's work (2005) by indicating the other African countries that had adopted dollarization over the years. Furthermore, the study offers support to recent literature that asserts that economic stabilization in these countries resulted from the impact of dollarization. The results of the study revealed that dollarization positively impacts on the country's economy. In particular, this study is important to policymakers in that it sheds some insight into the importance of a strong currency and stable exchange rate for the stabilization of economies that experienced hyperinflation.

The authors sought to explore factors that influenced foreign direct investment (FDI) in Zimbabwe between 1990 and 2014. In spite of Zimbabwe being one of the richest countries, with respect to mineral endowment in the Southern African Development Community (SADC) region there was a paradox of less FDI attracted into the country. We include the investment policy stability (IPS) variable that has been ignored in the current literature; yet, the investment centre policies in any given developing country influence FDI inflows. The authors used Ordinary Least Square regression analysis technique to estimate an investment equation for Zimbabwe using Time-Series annual data obtained from the UNCTAD and World Bank database. The results suggest that investment policy stability; trade openness of the country; inflation rate and growth in real domestic product have a significant influence on the FDI inflows into the country. In conclusion, the results suggest that investment policy stability played an important role in attracting FDI into the country. Also, the results are expected to give a useful insight to policymakers that are responsible for attracting FDI inflows into Zimbabwe and other developing countries.

The aim of this study was to determine the impact of psychological influences on the buying pattern of SMEs products in Zimbabwe. This study was motivated by the desire to establish the reason why SMEs products were failing to gain customers acceptance. Furthermore SMEs products have been observed to be occupying minimum shelf space in most of the supermarket in Zimbabwe as compared to foreign manufactured products. Zimbabwe has become an import destination, where almost every country is targeting to supply their products to the Zimbabwean supermarkets. The objectives of this study was to determine the effect of personality on the buying pattern of SMEs products in Zimbabwe, to determine the effect of customer perception on SMEs products and to determine the impact of attitudes on consumer purchasing behaviour of SMEs products. A sample of 100 respondents from customers and policy advocates were considered for this study. Stratified random sampling technique was used to select customers who buy SMEs products while policy makers were purposively sampled. The results revealed that personality greatly affects the purchasing behaviour of SMEs products in Zimbabwe, most of the respondents also revealed their negative perception towards any product from SMEs, while some revealed a negative attitude towards SMEs products as they articulated that they have a strong belief that SMEs are generally custodians of manufacturing poor quality products and due to this reason they choose to do business with big firms. The study concluded that psychological influences have an impact on consumer purchasing behaviour of SMEs products in Zimbabwe.

The theory of university-industry knowledge transfer and its ability in transforming the fortunes of SMEs as well as its general applicability to driving industry growth has commanded some research interest worldwide though not much has been written of developing economies. The authors investigate the strategic contribution of academic excellence, through university-industry collaborations, in revamping SMEs in the manufacturing sector. The study commenced with a review of current literature on university-industry collaborations which provided a basis for evaluating five university-SME collaborations over a period of five years. The study found that the lack of professionalism and management incompetency in most SME organizations was undermining the contribution made by the academic institutions in promoting industrial growth in Zimbabwe. We examine the contribution of academic excellence as an engine for industrial growth in SME's in developing economies

The paper examines the difficulty related to tax collection from the poor informal sector in Bulawayo, Zimbabwe between 2000 and