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