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

CONSTRUCTION & PROPERTY

Construction industry growth prospects dim

Zimbabwe's construction industry will only grow by an average of 5% in the next five years due to economic challenges facing the country, BMI Research, a Fitch Group company, has revealed.Speaking at ...

By Staff reporter | Published: 15 July 2018

TELECOMS & TECHNOLOGY

Econet strengthening industry lead

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2018 first quarter (Q1) sector report shows Econet Wireless maintained its customer and revenue market share lead on the b...

By Staff reporter | Published: 11 July 2018

OPINION

The construction industry - a key partner in the economic integration

The world recently witnessed the signing of the biggest free trade area by Heads of African Governments in Kigali. Signed in March this year, the African Continental Free Trade Area (AfCFTA) is the la...

By Mokate Ramafoko | Published: 09 July 2018

BUSINESS NEWS

Zimbabwe industry buckles

ZIMBABWEAN companies are feeling the negative impact of the influx of smuggled goods on the local market. These companies have implored Government to take swift and decisive action to deal with the sc...

By Staff reporter | Published: 08 July 2018

MINING & RETAIL

Falgold pins hopes on industry reforms

Zimbabwe Stock Exchange listed gold producer Falcon Gold says the local gold production industry could grow significantly if government effects reforms on the tariff and tax regime. The country's mini...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Industry targets $7bn revenue

Zimbabwe's manufacturing industry is mulling a plan its contribution to $7 billion by 2030, as it aligns with government's ambitious plan to reverse economic turmoil. The 20 percent contribution will ...

By Staff reporter | Published: 05 July 2018

INDUSTRIALS & ENERGY

Canning industry set for rebound

The canning industry in Zimbabwe is set for a rebound after the introduction of demand-driven bean cultivar needed for production of canned beans, an official has said.Department of Research and Speci...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

RBZ secures $1,3bn offshore loans for industry

THE Reserve Bank of Zimbabwe (RBZ) has managed to secure $1,3 billion offshore loans through the African Export-Import Bank (Afreximbank) and Trafigura to support production and promote exports, an of...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

New policy to rev up industry

ZIMBABWE is set to unveil a National Industrialisation Policy which is expected to strengthen all sectors of the economy, a diplomatic official has said.The policy will run from 2018 to 2022 and is a ...

By Staff reporter | Published: 26 June 2018

INDUSTRIALS & ENERGY

Zim to launch second leather industry strategy

ZIMBABWE is set to launch its second leather industry strategy next month, which is expected to boost production in the region, a Common Market for Eastern and Southern Africa (Comesa) official has sa...

By Staff reporter | Published: 25 June 2018

INDUSTRIALS & ENERGY

Motor industry to create 20,000 jobs

Government says the recently launched Zimbabwe Motor Industry Development Policy (ZMIDP) will result in the creation of 20 000 jobs in the sector and downstream industries, driven by a rise in capacit...

By Staff reporter | Published: 24 June 2018

LANDS & AGRICULTURE

'Govt committed to beef industry resuscitation'

PRESIDENT Emmerson Mnangagwa will hand over 2 000 head of cattle to Matabeleland farmers in Gwanda today to help resuscitate the country's beef industry under the Command Livestock Programme.Addressin...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

Zimbabwe launches motor industry policy

Government has launched the Zimbabwe Motor Industry Development Policy (ZMIDP) that is expected to see the sector ramping up capacity from the current levels of under 10 percent to full capacity by 20...

By Staff reporter | Published: 14 June 2018

BUSINESS NEWS

Forex shortages frustrate industry revival

THE Confederation of Zimbabwe Industries (CZI) Matabeleland Chapter says foreign currency shortages facing the country continue to derail efforts to resuscitate industries in Bulawayo.Once the industr...

By Staff reporter | Published: 14 June 2018

INDUSTRIALS & ENERGY

Zimbabwe launches motor industry policy

Government has launched the Zimbabwe Motor Industry Development Policy (ZMIDP) that is expected to see the sector ramping up capacity from the current levels of under 10 percent to full capacity by 20...

By Staff reporter | Published: 14 June 2018
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