Power crisis grounds industries…manufacturers idle for 18 hours daily
He said CZI has been in discussions with the state-run utility Zesa to address the power distribution issues.
Zim manufacturing sector’s contribution to GDP declines
The report also proposed that Zimbabwe can draw immense trade opportunities by tapping into the African Continental Free Trade Area (AfCFTA).
By Gamuchirai Nyamuziwa
Jun. 14, 2024
Ceteris Paribus: Manufacturing sector sluggish despite more investment
For reference, capacity utilisation in this context is basically the link between the output generated with the available resources and the potential production
By Tinashe Duma
May. 31, 2024
Candid Comment: Our industries are in a firestorm
On Friday, the Confederation of Zimbabwe Industries (CZI) indicated industries were in tailspin last year, with utilisation of installed capacity falling by about three percentage points.
By Shame Makoshori
May. 31, 2024
Small to medium enterprises (SMEs): The heart of entrepreneurship
Zimbabweans need to transform the mindset of being job seekers and to become job creators.
By J.d Chisvo
May. 19, 2024
Tragic nature of the ZiG rollout
The Zimbabwe dollar, ZiG’s predecessor, suffered a similar fate. The bond notes were first presented by the government in 2016 under the guise of "export incentive scheme".
By Mthandazo Nyoni
May. 17, 2024
A third of Zim’s industry ready for AfCFTA: CZI
He said that companies noted that the cost of production was higher in Zimbabwe compared to other countries making local firms uncompetitive.
By Tafadzwa Mhlanga
May. 1, 2024
RBZ snubs forex auction bidders
As the Zimbabwe market adapts to the yet another currency, Zimbabwe Gold (ZiG), the RBZ has availed US$285 million to shore up the local currency.
By Melody Chikono
Apr. 14, 2024
Zim’s diesel fired industry quakes as oil prices rocket
In the last quarter of 2023, the report noted that crude oil prices were going down, having peaked at about US$92 per barrel in September 2023.
By Mthandazo Nyoni
Apr. 12, 2024