# Is Zimbabwe in a crisis? Exclusive episode with ZNCC CEO Chris Mugaga | Friday Drinks

Page: https://stenobird.com/podcast/zfn-friday-drinks-7071738/is-zimbabwe-in-a-crisis-exclusive-episode-with-zncc-ceo-chris-mugaga-friday-drinks
Text version: https://stenobird.com/podcast/zfn-friday-drinks-7071738/is-zimbabwe-in-a-crisis-exclusive-episode-with-zncc-ceo-chris-mugaga-friday-drinks.md
Podcast: [ZFN FRIDAY DRINKS](https://stenobird.com/podcast/zfn-friday-drinks-7071738)
Published: 2026-02-25T13:09:41+00:00
Episode link: https://rss.com/podcasts/zfn-friday-drinks/2577526
Audio file: https://content.rss.com/episodes/297451/2577526/zfn-friday-drinks/2026_02_25_13_08_59_bec14ed8-580a-4001-9c78-0fa4dbf928b8.mp3
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Duration seconds: 4325

## Resource

Join Tinashe and Rufaro for an exclusive episode featuring Chris Mugaga, CEO of the Zimbabwe National Chamber of Commerce (ZNCC). Is Zimbabwe in a crisis? Question from Tinashe to ZNCC: Is the government engaging with the business sector? ZNCC is actively raising concerns about the electricity crisis with the government. Approximately 60% of ZESA’s budget is allocated to administrative costs rather than to maintenance and infrastructure improvements, which negatively impacts electricity reliability. Solutions: Increased private-sector participation in the electricity sector as a potential solution to the ongoing electricity crisis. This includes recommending the removal or easing of certain regulations that hinder private investment. Delta loses US$74 million tax battle with ZIMRA. High taxation combined with currency complexity is creating a challenging environment for business growth and investment in Zimbabwe. Zimbabwe’s informal sector accounts for approximately 76% of the country’s economic activity, posing a significant challenge for tax revenue and formal business growth. Corruption: Goods enter Zimbabwe illegally through corrupt border practices, undermining local businesses and distorting market competition.

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## Transcript

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