BUSINESS NEWS

Buy Zimbabwe pushes for law to support local industry

BUY Zimbabwe founder and director Munyaradzi Hwengwere has said his organisation is pushing for legislation to force local public institutions to buy locally and support local industries. This comes a...

By Staff reporter | Published: 11 July 2019

MINING & RETAIL

Zimbabwe mining industry set to generate US$3bn

Zimbabwe's mining industry expects to generate US$3 billion in revenue this year, which is short of government's US$4 billion target, an industry official has said.In 2018, the sector earned US$3,4 bi...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Zimbabwe industry feels the heat as sales drop

Prices of goods and services may have reached the plateau, amid indications volumes have started dipping significantly as consumers struggle with affordability, captains of industry and economic analy...

By Staff reporter | Published: 14 June 2019

INDUSTRIALS & ENERGY

Toyota working towards driving Zimbabwe Motor industry

TOYOTA Zimbabwe is working on expanding its business in the country in anticipation of a boom in the motor industry buoyed by the Government's efforts to revive the country's economy.In an interview w...

By Staff reporter | Published: 09 June 2019

BUSINESS NEWS

Govt 300% fee hike irks industry

The government would to increase statutory fees for the mining sector by almost 300% in a move that has raised the ire of mining representative bodies.Application fees for platinum and chrome (ordinar...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

Industry embraces Cabinet’s forex decision

INDUSTRIALISTS have embraced Cabinet's decision to craft measures that would see manufacturers being allocated foreign currency to procure key raw materials to reduce the cost of production and conseq...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

Chamisa brags about the Zuva case which triggered a bloodbath in industry

OPPOSITION MDC leader Nelson Chamisa has at last been forced to respond to accusations he was anti-labour after his role in the infamous Zuva case in 2015 that triggered thousands of job losses.Chamis...

By Staff reporter | Published: 02 May 2019

LANDS & AGRICULTURE

Cotton industry targets $1 billion earnings annually

THE Cotton Company of Zimbabwe (Cottco) plans to put a minimum of 100 000 hectares across the country under commercial cotton farming with the sector poised to generate a minimum of US$1 billion annua...

By Staff reporter | Published: 30 April 2019

TELECOMS & TECHNOLOGY

'The future of industry is digital'

LISTED technology services firm, Cassava Smartech Zimbabwe, has challenged manufacturing industries in the country to embrace digital platforms and modern ways of doing business to match global trends...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

Zimbabwe industry frets over interbank forex market

INDUSTRY has called on government to fine-tune the interbank currency market for foreign exchange, saying the current conditions are not favourable to both buyers and sellers.The government launched t...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

'Mnangagwa's govt failing to fund industry revival'

INDUSTRY and Commerce minister Mangaliso Ndlovu has expressed concern over government's failure to adequately fund industries in their retooling and modernisation exercises.Speaking during a buyers an...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Industry sweats over drop in aggregate demand

MANUFACTURING industries have expressed concern over the recent drop in aggregate demand saying this has a knock-on effect on production levels and investment by local companies.The captains of indust...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Industry gets 80% fuel

Industrialists say fuel availability has improved "significantly" in the last few months since Government took the bold decision to adjust the price upwards, with indications that the manufacturing se...

By Staff reporter | Published: 24 April 2019

LANDS & AGRICULTURE

Pork industry records 20% growth

THE number of slaughtered pigs increased by nearly 20% in 2018 compared to the previous year, but the sector remained heavily constrained by high costs of feed and veterinary medicines, an official ha...

By Staff reporter | Published: 04 February 2019

BUSINESS NEWS

'Bulawayo industry needs remodelling'

BULAWAYO needs to transform its industrial focus through adoption of an agile approach and investing more on new business lines consistent with global demands, the Project Management of Zimbabwe (PMZ)...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

'Bulawayo industry revival vital'

THE revival of Bulawayo industries is critical towards achieving national economic growth targets under the Government's new blue-print, the Transitional Stabilisation Programme (TSP), Industry and Co...

By Staff reporter | Published: 11 December 2018

BUSINESS NEWS

Industry Minister dates Bulawayo businesses

INDUSTRY and Commerce Minister, Nqobizitha Mangaliso Ndlovu, will meet businesses in Bulawayo today as the city hosts the Competition and Tariff Commission (CTC) conference. The event is being organis...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

Govt, industry in prices deadlock

GOVERNMENT and business yesterday reached an impasse over arbitrary price hikes after a lengthy meeting between Industry and Commerce minister Mangaliso Ndlovu and captains of industry in the capital....

By Staff reporter | Published: 20 November 2018

BUSINESS NEWS

'Industry revival top priority'

THE new Minister of Industry and Commerce, Nqobizitha Mangaliso Ndlovu, says the revival of industries will be a top priority during his tenure as the new political dispensation moves to transform the...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

Industry ready to work with new Cabinet

INDUSTRY executives have expressed readiness to work with the new Cabinet to transform the economy and applauded President Emmerson Mnangagwa for appointing competent personnel. The economy is set to ...

By Staff reporter | Published: 11 September 2018

POLITICS

Industry minister outlines plans

New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...

By Staff reporter | Published: 11 September 2018

BUSINESS NEWS

Zimbabwe industry frets over economic indicators

BUSINESS has raised the red flag over the country's ever-deteriorating economic indicators - including rising inflation, soaring prices, worsening foreign currency shortages and continuing retrenchmen...

By Staff reporter | Published: 06 September 2018

BUSINESS NEWS

Zimbabwe industry frets over economic indicators

Business has raised the red flag over the country's deteriorating economic indicators- including rising inflation, soaring prices, worsening foreign currency shortages and continuing retrenchments whi...

By Staff reporter | Published: 06 September 2018

LANDS & AGRICULTURE

Poultry industry restocks after bird flu

THE poultry sector has embarked on an aggressive restocking programme after the outbreak of avian influenza that hit Zimbabwe last year.As a result of the avian influenza at one of the country's bigge...

By Staff reporter | Published: 27 July 2018

FINANCIAL SERVICES

Pension industry sees drop in assets in Q4 2017

TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...

By Staff reporter | Published: 20 July 2018
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