Hire your remote team in Zimbabwe

Rivermate is a global employment solutions company that provides Employer of Record services in Zimbabwe.

As an employer of record, we help you hire employees and run payroll services in Zimbabwe, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Zimbabwe.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Zimbabwe or individually hire remote employees in Zimbabwe, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Zimbabwe services can best help your company!

Zimbabwe's cost of living is $831, which is 1.12 times less expensive than the global average. Zimbabwe ranked 96th out of 197 countries in terms of cost of living, and 135th in terms of quality of life.

In Zimbabwe, the average after-tax salary is $287, which is enough to cover living expenses for 0.3 months.

Why does living in Zimbabwe cost 2.9 times the average salary? Because we have a reference point of a developed country lifestyle, and maintaining such a standard of living in some least developed countries is difficult and expensive. As a result, the costs of living in Zimbabwe for locals and expats differ significantly.

A large portion of the country is based on the industrial sector, which accounts for approximately 25.1% of total GDP of USD 16.29 billion.

Agriculture and mining contribute significantly to export. Agriculture also plays an important role, accounting for approximately 20.3% of total GDP.

The country is rich in metallurgical grade coal, copper, nickel, gold, platinum, and iron ore reserves.

Mining produces export materials such as coal, gold, platinum, copper, nickel, tin, diamonds, clay, and steel, as well as materials for overseas trade such as wood products, cement, and so on.

According to statistical data on gold production, Zimbabwe produces 59,776 pounds of gold per year.

In 2014, the Marange field produced an estimated 12 million carats of diamonds worth more than USD 350 million.

Commercial farming, which involves growing cash crops such as cotton, coffee, fruits, peanuts, and tobacco, is a common source of living and income.

Small-scale farmers primarily cultivate wheat and maize for subsistence purposes.

Agriculture, mining, energy, infrastructure, healthcare, and tourism all present opportunities to investigate.

According to the above figures, international firms frequently consider partnering with this country's market of over 14 million people.

Another important source of industrial income for the people is trade in the form of services and tariffs.

According to Zimbabwe Tourism Authority (ZTA) statistics, tourist arrivals in Zimbabwe fell by 11% in 2019. Following the Covid-19 pandemic, the situation deteriorated, resulting in the suspension of international travel.

Telecommunications and Internet Access

ISP licensing is overseen by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). Licenses cost an average of USD 2-4 million, depending on the level of service desired by the ISP. Liquid Telecom, a subsidiary of Econet Wireless, is widely regarded as Zimbabwe's leading internet service provider. They currently hold the record.

Zimbabwe has its own Labor Ministry. In 2015, the Labor Act of 1985 was amended. Violating the law is a punishable offense that can result in imprisonment. In the case of employability, some rules are company-specific.

Following the amendment in the 2015 act, four points of focus are as follows:

- (a) termination in terms of employment should follow the model code made under section 101(9)

- (b) the employer and employee mutually agree in writing to the termination of the contract

- (c) the employee was engaged for a fixed period or some performance of some specific service

- (d) section 12C for any under retrenchment

Aside from this condition, employers cannot fire an employee on notice.

- Tertiary industries dominate Zimbabwe's economy.

- The unemployment rate is 4.99%.

- Tariffs and taxes are high.

- State regulation is expensive for business owners.

- It takes time and money to start or close a business.

- Regulations imposed on the labor market have made hiring and firing employees a time-consuming process.

- Low output, a trade deficit, insignificant foreign direct investment, and a lack of access to international finance have all contributed to the economy's decline.

- Zimbabwe's total public debt is USD 11.1 billion (53.9% of GDP), with external debt accounting for 95.6%.

Zimbabwe does not have a minimum wage policy.