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ISSUE 68 (FREE READ)

HARARE’S MALL BOOM: A NEW ERA OF RETAIL

Harare, Zimbabwe, is witnessing a surge in the construction of modern shopping malls, transforming the city’s retail landscape. This rapid development is driven by a combination of factors, including increased urbanization, rising disposable incomes, and the growing demand for convenience and lifestyle amenities.

One of the most notable examples of this trend is the upcoming Lifestyle Mall, set to open soon along Borrowdale Road corner Kingsmead Road in Harare. This state-of-the-art shopping centre is expected to be a game-changer, offering a diverse range of retail options, entertainment venues, and dining experiences.

Lifestyle Mall will be home to a variety of tenants, including Sunwolf Solar, a leading provider of solar energy solutions. The inclusion of Sunwolf Solar highlights the growing emphasis on sustainability and renewable energy in Zimbabwe. As the country seeks to reduce its reliance on fossil fuels and promote clean energy, businesses like Sunwolf Solar are playing a crucial role in driving this transition.

The development of Lifestyle Mall is part of a broader trend of mall construction in Harare. Several other shopping centers have opened or are under construction, including the more established and prestigious Sam Levy’s Village, Borrowdale Village, and Eastgate Mall. These malls are not only providing residents with a wider range of shopping choices but also creating new job opportunities and boosting the local economy.

The rise of malls in Harare can be attributed to several factors. First, the city’s growing population and urbanization have created a demand for modern retail spaces. Second, the increasing disposable income of Zimbabweans has enabled them to spend more on shopping and leisure activities. Third, the convenience and amenities offered by malls have made them attractive to shoppers.

However, the rapid development of malls has also raised concerns about its impact on the environment and local businesses. The construction of large-scale shopping centers can consume significant amounts of land and resources. Additionally, the competition from malls can pose a threat to smaller, traditional businesses.

To address these concerns, it is important for policymakers to promote sustainable development and support local businesses.

This can be achieved through measures such as implementing green building standards, providing incentives for small businesses, and encouraging responsible consumption.

The good thing is that the rapid rise in new malls in Harare is transforming the city’s retail landscape. Lifestyle Mall, with its diverse range of tenants including Sunwolf Solar (and others), is a prime example of this trend. While the development of malls offers numerous benefits, it is essential to consider its environmental and economic implications. Promoting sustainable practices and supporting local businesses, should enable Harare to ensure that its mall boom contributes to a more prosperous and inclusive city.

Text: Martin Chemhere

 

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