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Zimbabwe Atlas
Vol. I · Dossier 2026
Volume V · Risk register

What hurts.
And how to dodge it.

Fourteen risks Zimbabwean operators flag most. Plotted by severity (rows) and likelihood (columns) — click a cell for the mitigation playbook. Hotter colours = closer to existential.

14
Mapped
9
High severity
5
High × high
Heatmap
Severity × Likelihood
Low
Low-Medium
Medium
Medium-High
High
High
Medium-High
Medium
Low
Cooler
Hotter
Selected risk
FX / currency mismatch
Severity · HighLikelihood · High
Mitigation playbook

Invoice USD; hedge ZiG; VFEX listing


All risks (14)
Register

Every risk, in plain text.

RiskSeverityLikelihoodMitigation
01FX / currency mismatch
HighHighInvoice USD; hedge ZiG; VFEX listing
02Power load-shedding
HighHighCaptive solar + battery; LPG backup
03Policy/regulatory unpredictability
HighMediumActive CZI/ZIDA engagement; scenario planning
04Skill flight
HighHighESOPs, returnee schemes, apprenticeships
05Drought / climate variability
HighMedium-HighIrrigation, drought seed, parametric insurance
06Forex retention rules (25% surrender)
HighHighOffshore floats, pre-export finance
07High working capital cost
HighHighTrade credit, factoring, DFI funding
08Corruption / governance
HighMediumCompliance programme, anti-bribery training
09Cybersecurity threats
MediumMediumISO27001, DPIA under Cyber & Data Protection Act
10Border / logistics friction
Medium-HighMediumBonded warehousing, pre-clearance
11Periodic import bans (statutory instruments)
MediumMediumDiversified inputs, local sourcing
12Counterparty risk (state arrears)
HighMediumEscrow + milestone payment, avoid concentration
13Sanctions overhang & correspondent banking
MediumLow-MediumStay current on OFAC, use AfDB / Afreximbank rails
14EU CBAM on ferro-alloys / steel from 2026
MediumHighCarbon accounting, RE PPAs at smelters
After the risks, the openings

Every risk above is a moat for the operator that prices it correctly.