INDUSTRIALS & ENERGY

Zimbabwean power imports down 50%

Zimbabwe's power imports declined by almost 50 percent during the second quarter of the year after the country's power utility increased generation at Kariba plant. Zesa Holdings increased output at K...

By Staff reporter | Published: 13 September 2018

ECONOMC INDICATORS

Imports rise 26%, forex pressures worsen

ZIMBABWE'S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food.Data for January is missing.The growing import pressures also saw the country's trade...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

Zim consumer goods imports plunge

Zimbabwe's consumer goods imports declined 34 percent during the period January to July 6 this year, as domestic consumption of locally produced goods surged, according to the latest statistics from t...

By Staff reporter | Published: 20 July 2018

BUSINESS NEWS

RBZ doubles cash imports to $100m

The Reserve Bank of Zimbabwe (RBZ) has doubled cash imports to $100 million per month as the central bank tries to ameliorate the prevailing cash shortages as well as meet rising demand from recoverin...

By Staff reporter | Published: 08 July 2018

LANDS & AGRICULTURE

Milk imports decline

Investments made in the dairy sector at both farm and processing level coupled with the implementation of SI64, have seen the amount spent on importation of milk and milk-based products reduce signifi...

By Staff reporter | Published: 06 July 2018

INDUSTRIALS & ENERGY

Bulk fuel imports increase

SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

RBZ release $20 million for wheat imports

THE Reserve Bank of Zimbabwe yesterday released the $20 million requested by millers to import part of the 200 000 metric tonnes of wheat from Canada and Germany to avert a bread shortage.The 200 000 ...

By Staff reporter | Published: 20 June 2018

FINANCIAL SERVICES

Ecobank to source more funds for critical imports

ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund importation of critical raw materials, an official has said. Zimbabwe is grappling w...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

'Cheap Chinese imports killing Zimbabwe industry'

THE Democratic Opposition Party (DOP), one of the several opposition parties contesting the July 30 harmonised elections, has blamed company closures and resultant high unemployment on the importation...

By Staff reporter | Published: 08 June 2018

OPINION

Zanu-PF, Zimra should come clean on imports duty

The Zimbabwe Revenue Authority (Zimra) must come clean on reports that the ruling Zanu-PF is not paying import duty for its campaign vehicles and other materials.Zimra commissioner-general, Faith Maza...

By Staff reporter | Published: 08 June 2018

BUSINESS NEWS

Fuel imports consume $474m in four months

RBZ allocated about $474 million towards the importation of fuel in the first four months of the year, which is way above the $383, 1 million disbursed by the apex bank during the comparative period l...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

High tax on car imports

The cost of importing used vehicles is likely to increase as government is considering raising import levies on all pre-owned cars, Industry, Commerce and Enterprise Development Minister Mike Bimha ha...

By Staff reporter | Published: 25 May 2018

BUSINESS NEWS

Bulk fuel imports increase

SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...

By Staff reporter | Published: 21 May 2018

OPINION

Bank notes crisis: Will imports help?

A local weekly has reported that Zimbabwe's bank note shortage would ease, following $400 million cash imports by the Reserve bank of Zimbabwe [RBZ] since the beginning of the year, as well as improve...

By Nelson Banya | Published: 20 May 2018

BUSINESS NEWS

RBZ warned on US$ imports

THE government should consider putting more money into the productive sectors of the economy instead of importing cash.Reserve Bank of Zimbabwe (RBZ) governor John Mangudya revealed recently that the ...

By Staff reporter | Published: 20 May 2018

BUSINESS NEWS

SA frozen chicken imports continue

DESPITE a chicken import ban, data from the South African Revenue Services shows that over 1 000 tonnes of frozen chicken and offals were exported by that country to Zimbabwe from 2017.The Livestock,...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Zim imports grain despite command agric 'success'

ZIMBABWE is still importing grain despite claims by the government that it had stopped doing so in February last year following a bumper harvest from the command agriculture programme.The government, ...

By Staff reporter | Published: 17 May 2018

MINING & RETAIL

Unki imports bricks from China

A UNIT of Anglo American Corporation, Unki, has imported bricks from China to repair its furnace as there are no local suppliers, NewsDay reported.The consignment of 98 tonnes of refractory bricks cam...

By Staff reporter | Published: 04 May 2018

INDUSTRIALS & ENERGY

Zimbabwe imports soil from South Africa

ZIMBABWE is splashing millions of dollars importing soil for making bricks, a situation which further puts pressure on the country's dwindling foreign currency reserves, Confederation of Zimbabwe Indu...

By Staff reporter | Published: 02 April 2018

BUSINESS NEWS

Car imports drop in 2017

Zimbabwe's second hand car imports dropped by 10 percent to around 35 000 in 2017 due to biting cash shortages and increased customs duty. In 2016, Zimbabweans imported 42 000 second-hand cars. But t...

By Staff reporter | Published: 16 March 2018

BUSINESS NEWS

Fuel, electricity top imports bill

FUEL, cooking oil and electricity are on average chewing more than half of the $230 million allocated for imports monthly, showing very little signs of the foreign currency shortages easing anytime so...

By Staff reporter | Published: 14 March 2018

OPINION

Zim must regulate all imports

The outbreak of the world's worst Listeria will serve as a wake-up call to authorities in Zimbabwe as the country has continued as a dumping ground for mostly cheap imports, especially food stuffs an...

By Eddie Zvinonzwa | Published: 08 March 2018

BUSINESS NEWS

ZimTrade, TM-Pick n Pay collaborate to reduce imports

Trade promotion body, ZimTrade and retailer TM-Pick n Pay have started an initiative to reduce imports into Zimbabwe by conducting awareness campaigns for producers, focusing on opportunities of selli...

By Staff reporter | Published: 01 March 2018

INDUSTRIALS & ENERGY

Cooking oil imports drop 70%

The volume of cooking oil imports has dropped by more than 70 percent as local producers increase production thereby saving the nation of the much needed foreign currency.Recapitalisation of the local...

By Staff reporter | Published: 27 February 2018

LANDS & AGRICULTURE

Poultry sector seeks moratorium on egg imports

Poultry players have approached the government asking for the suspension of the 40% import duty on fertilised eggs to bridge the supply gap of day-old chicks created by the outbreak of avian influenza...

By Staff reporter | Published: 22 February 2018
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