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The president of Employers Confederation of Zimbabwe (Emcoz), Demos Mbauya, stated that companies must adapt in order to survive the tough environment.
According to the latest annual borrowing plan released by the Public Debt Management Office (PDMO), the total budget financing gap amounts to ZWL$9,2 trillion.
Finance minister Mthuli Ncube introduced additional taxes, including an upward review of levies on fuel, further condemning citizens to abject poverty.
Local football is experiencing its worst stadium problem since the country's independence and the last season Harare clubs had to look for home grounds in other cities.
Ncube was forced to make several revisions to his tax proposals including passport and tollgate fees before the budget was passed by Zanu PF MPs following the expulsion of CCC legislators.