Zimbabwe industrial hub a 'ghost town'

Economists say reviving Bulawayo's industries would cost at least $2bn after 87 companies closed last year.

    Bulawayo, Zimbabwe's second largest city, has gone from a booming industrial hub to a ghost town with empty factories now a common site.

    The country is rich in resources such as diamonds and platinum, but factory owners say with their old machinery, high operating costs and limited capital they have no option but to shut down.

    Government figures show that 87 companies closed last year in Bulawayo alone.

    Economists say reviving the city's industries and attracting investors will cost at least $2bn - it is unlikely they will receive those funds any time soon.

    Al Jazeera's Mohammed Adow reports from Bulawayo.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We will cut your throats': The anatomy of Greece's lynch mobs

    The brutality of Greece's racist lynch mobs

    With anti-migrant violence hitting a fever pitch, victims ask why Greek authorities have carried out so few arrests.

    The rise of Pakistan's 'burger' generation

    The rise of Pakistan's 'burger' generation

    How a homegrown burger joint pioneered a food revolution and decades later gave a young, politicised class its identity.

    From Cameroon to US-Mexico border: 'We saw corpses along the way'

    'We saw corpses along the way'

    Kombo Yannick is one of the many African asylum seekers braving the longer Latin America route to the US.