Effects of 2003 Economic Sanctions on Entrepreneurship on the Zimbabwean Transport Sector

This research aims to analyse the micro-level effects of the 2003 economic sanctions on entrepreneurship in the transport sector in Zimbabwe. The transport sector is also significant to study as it is one of the main contributors to the service industry which considerably drives the economy by facilitating other economic activities in the country (KPMG, 2016). It is part of the service sector that contributes 59% to Zimbabwean’s GDP (ibid). It also employs about 34000 people in the economy (Employers Confederation of Zimbabwe, 2019). Previous studies had analysed the effects of sanctions on a macro level which, however, fails to demonstrate the way individuals are affected. They have identified trends in specific measures like inflation and unemployment which do not reflect the effects on individuals because macro-economic metrics have a broader measure of livelihood (Fioramonti, 2013). It was in light of the knowledge gap and the significance of the transport sector that this study was conducted.