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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:An outline of African business history in colonial Zimbabwe
Author:Wild, VolkerISNI
Notes:biblio. refs., ills.
Geographic terms:Zimbabwe
Southern Africa
Subjects:black entrepreneurs
Economics, Commerce
Historical analysis
External link:http://digital.lib.msu.edu/projects/africanjournals/html/itemdetail.cfm?recordID=1312
Abstract:This paper gives an account of the background to and major events affecting African business in Zimbabwe. The early period (1860-1930) was marked by a slow beginning. The coming of the white settlers helped to expand African trading, but it also undermined most of the African craft industries. The fastest growing markets for African traders were the white urban settlements, such as Salisbury and Bulawayo, and the African townships which developed around them. The three decades between 1930 and 1960 were marked by a fast-growing economy, a significant increase in African urbanization, an expanding African market and the formation and diversification of African enterprise. This period witnessed the rise of the first generation of African businessmen proper. After the Second World War, the number of African businesses in the rural areas increased considerably. Subsequently, under UDI (Unilateral Declaration of Independence), after Southern Rhodesia unilaterally declared her independence from Britain in 1965, the gap in the African urban business community between a small commercial elite and those operating in the informal sector widened further. Many African enterprises suffered heavily from the war of liberation. And in the postindependence period, white business did not align itself with black business interests, as some had expected, but with the new black power elite, while the black entrepreneurs were left out in the cold. Notes, ref.