Persistent power crisis cripples mining, industry
Power cuts, according to Isaac Kwesu, chief executive officer of the Chamber of Mines of Zimbabwe, are endangering the sustainability of the mining industry.
By Tanyaradzwa Kapuru
Nov. 10, 2023
Zim economy under pressure post-election
Chitambara said the outlook depends on what happens in terms of money supply, adding if there is huge money supply injection into the economy, the local currency will continue depreciating.
By Belinda Chiroodza and Blessed Mhlanga
Nov. 5, 2023
'Zim’s economic instability putting off investors'
Speaking at the CZI 2023, Tanaka said it was very difficult for investors to invest in Zimbabwe because of the bumpy business environment.
By Blessed Mhlanga
Oct. 29, 2023
Cast your nets wider, cash-starved firms told
Mutasa made the remarks at the Confederation of Zimbabwe Industries 2023 Annual Congress that began on Wednesday and ends today.
By Tafadzwa Mhlanga
Oct. 27, 2023
Zim manufacturing sector lagging: CZI chief economist
According to Treasury, the manufacturing sector will be subdued at a 2,5% growth rate this year, from 2,6% last year. Treasury projects the sector to rebound by 3,7% in 2024.
By Tafadzwa Mhlanga
Oct. 27, 2023
Business pushes for enabling environment
Some of the challenges afflicting businesses are power cuts, exchange rate disparities, high taxes, and in recent weeks, declining capital.
By Belinda Chiroodza
Oct. 26, 2023
Price monitoring think tank hints on ZW$500 000 note
On the official market, Zimbabwe’s haemorrhaging currency has so far depreciated by more than 70%, hitting consumer purchasing power.
By Tatira Zwinoira
Oct. 20, 2023
Private equity firms head for CZI congress
Kuvarika said business was being affected by a liquidity squeeze, as the authorities try to control inflation.
By Tafadzwa Mhlanga
Oct. 6, 2023
Tough regulatory costs drain industries
The CZI boss said the manufacturing sector was now lagging behind other sectors in terms of contribution to gross domestic product (GDP).
By Freeman Makopa
Sep. 22, 2023