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Bulawayo industrial decay raises alarm

Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are largely silent - filled with rusting machine…

Published: 10 Aug 2025 at 10:13hrs | 746 | by Staff reporter

SADC pushes for education reform to spur industry

Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-economic transformation.The call was ma…

Published: 24 Jun 2025 at 10:25hrs | 81 | by Staff reporter

Zimbabwe's mining industry set for over 7% growth

Zimbabwe's mining sector is on track for significant growth in 2025, with projections indicating an expansion of over seven percent, fueled primarily by strong performances in gold and coal production.The Chamber of Mines Zimbabwe (CoMZ) r…

Published: 05 Jun 2025 at 10:04hrs | 58 | by Staff reporter

Zimbabwe makes major strides in reviving steel industry

Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Company (DISCO). Since its launch in mid-2024…

Published: 26 May 2025 at 08:23hrs | 286 | by Staff reporter

Witness incriminates Ministry of Industry and Commerce officials

The trial of three Ministry of Industry and Commerce officials accused of issuing fraudulent vehicle import licences to over 200 unqualified individuals resumed this week, with damning forensic evidence presented in court directly implicat…

Published: 24 May 2025 at 09:21hrs | 586 | by Staff reporter

SMEs drive Zimbabwe's manufacturing sector

Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating performance.Recent findings presented at the…

Published: 24 Apr 2025 at 07:13hrs | 28 | by Staff reporter

Bulawayo City Council seeks ideas to revive city's industries

In a bid to combat urban decay and rapid de-industrialisation, Bulawayo city leaders are urging residents, policy experts, and various stakeholders to contribute innovative solutions that can drive sustainable economic growth for the city.…

Published: 14 Apr 2025 at 09:13hrs | 147 | by Staff reporter

Mnangagwa rallies Africa to align education with industry needs

President Emmerson Mnangagwa has called on African governments, private sector players, academic institutions, and the diaspora to scale up investment in research and development (R&D) as a key driver for unlocking the continent's full…

Published: 06 Apr 2025 at 11:30hrs | 118 | by Staff reporter

ZiG spawns upheavals in insurance industry

Insurers have been scrambling to reassure policyholders as market jitters resurface in the wake of the introduction of Zimbabwe Gold (ZiG) in April. With memories of the devastating currency shifts in 2009 still fresh, thousands of policyh…

Published: 24 Nov 2024 at 10:13hrs | 257 | by Staff reporter

Zimbabwean industry urged to brace for AfCFTA competition

Zimbabwe's local industry must be ready for competition from across the continent as the African Continental Free Trade Area (AfCFTA) comes into force, Industry and Commerce Minister Mangaliso Ndlovu has said. Addressing a strategic planni…

Published: 29 Oct 2024 at 07:22hrs | 133 | by Staff reporter

Zimbabwe industry players call for Budget taxes review

Organisations in industry and commerce want Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube to review some of the tax proposals he made in the 2024 Budget saying they would impact negatively on the co…

Published: 12 Dec 2023 at 05:51hrs | 14 | by Staff reporter

Stakeholders brainstorm over Bulawayo industry revival

The revival of industrial activity in Bulawayo is contingent upon resolving the city's water supply issues, according to stakeholders.Many companies in Bulawayo have closed or relocated due to persistent water challenges, with the Matabele…

Published: 02 Oct 2023 at 06:28hrs | 4 | by Staff reporter

Zimbabwe urged to cut sugar imports to avert collapse of local industry'

To safeguard local producers grappling with declining sales, it is advisable to halt sugar imports into Zimbabwe. Concerns have arisen that by March of next year, the country could find itself burdened with nearly 100,000 tonnes of domesti…

Published: 19 Sep 2023 at 06:25hrs | 2 | by Staff reporter

Zimbabwe industry frets over suspension of import duty

CAPTAINS of industry in Zimbabwe are sweating over the recent suspension of import duty and import value-added tax (VAT) on 10 basic groceries saying this was tantamount to exporting jobs and killing local production.Government last week s…

Published: 15 May 2023 at 19:01hrs | 2 | by Staff reporter

Ministry engages industry over price hikes

The Government is engaging the manufacturing and retail sectors with a view of establishing their operational challenges and arresting business malpractices causing unprecedented consumer price hikes. This follows the recent arbitrary pric…

Published: 09 May 2023 at 06:01hrs | 3 | by Staff reporter

Zimbabwe to scale up diamond cutting, polishing industry

MINES and Mining Development Minister Winston Chitando has said the country is targeting seven million carats this year as the country plans to scale up the diamond cutting and polishing industry.He said a 10 percent quota is set aside for…

Published: 09 Mar 2023 at 05:21hrs | 14 | by Staff reporter

Zimbabwe's new multi-billion industrial hub to create 25 000 jobs

A NEW industrial energy hub worth over US$13 billion that is set to create more than 25 000 jobs will soon be running in Mapinga Mashonaland West province in yet another transformative initiative from the Second Republic. The plant that is…

Published: 01 Nov 2022 at 05:05hrs | 1 | by Staff reporter

Zimbabwe targeting key role in global electric car industry

ZIMBABWE is poised to become a key player in the global transition to green energy, not only through lithium mining, but its beneficiation that can empower local communities and develop the nation as a whole, President Mnangagwa has said.I…

Published: 18 Jun 2022 at 07:24hrs | 1 | by Staff reporter

Inflationary pressures choke Zimbabwe industry

A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in production and low capacity utilisation.Bu…

Published: 02 Jun 2022 at 09:06hrs | | by Staff reporter

Mnangagwa's govt throws industry under the bus

THE decision by the government to open up importation of basic commodities by citizens together with a six month suspension of duty on various products will have a damaging impact on the revival of the country's manufacturing sector.This c…

Published: 21 May 2022 at 18:27hrs | 2 | by Staff reporter

Cooking oil industry faces collapse

UNITED Refineries Limited (URL) chief executive Busisa Moyo has urged government to come up with a single widely accepted foreign exchange rate to save the cooking oil industry from collapse as it is being severely affected by foreign curr…

Published: 21 Apr 2022 at 11:36hrs | 1 | by Staff reporter

Mthuli Ncube to address industry captains

FINANCE and Economic Development Minister, Professor Mthuli Ncube, is expected to address business leaders at a financial and industrial breakfast meeting in Harare next week.The indaba seeks to unpack ways of boosting Zimbabwe's exports, …

Published: 17 Feb 2022 at 18:29hrs | 10 | by Staff reporter

Zimbabwe seeks investors for motor industry

GOVERNMENT has announced plans to revamp the local motor industry, which will result in the sector increasing its capacity levels.Zimbabwe's new vehicles market collapsed from a peak of 20 000 unit sales per year in 1997 to less than 3 500…

Published: 05 Jan 2022 at 05:57hrs | 13 | by Staff reporter

Bulawayo in push to revive dead industry

A visit to the Belmont industrial area, once alive with the roar of machinery, reveals the story of decay.Bulawayo's vast industrial areas are now abandoned, resulting in crippling unemployment and poverty among residents.Because of its in…

Published: 19 Sep 2021 at 08:36hrs | 2 | by Staff reporter

'Zimbabwe industry defies odds, hits 95% capacity'

ZIMBABWE'S industries have emerged from the crossfire of Covid-19-induced lockdowns and forex shortages to extend a bounce-back registered since the second quarter of this year, central bank chief John Mangudya has revealed.The Reserve Ban…

Published: 27 Aug 2021 at 06:39hrs | | by Staff reporter

Sugar industry workers demand wage review

SUGAR industry employees are demanding an urgent National Employment Council (NEC) meeting to come up with new salary scales.The Zimbabwe Sugar Milling Allied Workers' Union of Zimbabwe (ZSMAWUZ) has since written to Clemence Muparutsa, th…

Published: 12 May 2021 at 06:40hrs | 1 | by Staff reporter

Future of iGaming industry

Today, online gambling field is recognized as one of the fastest-growing industry in the world. Due to research, the iGaming industry was worth approximately US$41.78 billion by the end of 2016 and just keep growing.Online casino and betti…

Published: 28 Apr 2021 at 18:30hrs | 189 | by Staff writer

75% of Bulawayo's industrial plants idle

THE battle to reposition Bulawayo as the heartbeat of Zimbabwe's industries appears to be hitting a brick wall.Just when national manufacturing output is reportedly rising, Bulawayo's industrialists told Standardbusiness that up to 75% of …

Published: 21 Mar 2021 at 08:36hrs | 1 | by Staff reporter

Call for revival of Bulawayo industry

CIVIL society organisations have called on the government to formulate a policy aimed at reviving industries in Bulawayo.Zimbabwe's second largest city used to be an industrial hub before a combination of maladministration and corruption d…

Published: 05 Feb 2021 at 06:53hrs | | by Staff reporter

Mnangagwa told to appoint new Minister of Industry

The Reserve Bank and the entire  monetary policy team have done well towards stabilising the local currency. A stable currency forms the foundation for a strong economy. The country now needs an experienced operator to serve as Minist…

Published: 14 Sep 2020 at 13:49hrs | 1 | by John Mbizvo

What tourists should know about gambling in Zimbabwe

A lot of people have thought about visiting Zimbabwe. Their reasons for doing so are diverse and immense. Some people want to visit the area because they want to see its amazing national parks. Others are interested in seeing the wildlife.…

Published: 04 Sep 2020 at 21:21hrs | 20 | by Staff reporter

How the Gambling Industry might look after COVID-19?

Whether you are a parent, teacher, businessman, day-to-day gambler, or small business owner, you have been impacted by COVID. There was likely no way around it. You might have been able to mitigate the impact you suffered, but there is not…

Published: 04 Sep 2020 at 21:19hrs | 22 | by Staff reporter

Chifunyise's death shocks arts industry

LEGENDARY playwright and multi-talented artist Stephen Joel Chifunyise, who died at 70 on Monday after a long battle with cancer, was an influential creative who wore many hats and contributed to the development of local theatre.Chifunyise…

Published: 07 Aug 2019 at 09:24hrs | 6 | by Staff reporter

BCC engages business community to revive industry

Bulawayo City Council is engaging the local business community to spearhead the development and revival of industries.This was revealed by council spokesperson Bongiwe Ngwenya yesterday in a notice to the media and stakeholders."The City o…

Published: 23 Jul 2019 at 08:18hrs | | by Staff reporter

Re-inventing Zimbabwe industrial base

THERE is no doubt in my mind that Zimbabwe is on a new economic trajectory which must be underpinned by key principles which have, throughout history, led to the emergence of successful economies.These include continuous leadership renewal…

Published: 29 Mar 2019 at 12:06hrs | 1 | by Vince Musewe

'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 Commerce Deputy Minister, Raji Modi, has …

Published: 11 Dec 2018 at 05:25hrs | | by Staff reporter

Mthuli Ncube boost for insurance sector

FINANCE Minister Mthuli Ncube says government has reviewed upwards the minimum prescribed asset thresholds for the insurance and pension industry which were introduced in 2010 in order to improve resource mobilisation to support key nation…

Published: 30 Nov 2018 at 09:29hrs | 1 | by Staff reporter

Diaspora ready to assist Bulawayo industry

AILING Bulawayo industries could tap into financial resources owned by diaspora citizens to turnaround industrial operations and restore the city's manufacturing status, accomplished banker and one of United States' JP Morgan Chase Bank vi…

Published: 30 Aug 2018 at 06:13hrs | | by Staff reporter

Product dumping killing Zimbabwe industry

As local manufacturers struggle to raise foreign currency to import raw materials and equipment on one end, another uncontrolled delinquent flourishes on the other to their detriment. Cheap imports have flooded the Zimbabwean market and ar…

Published: 07 Aug 2018 at 07:31hrs | 5 | by Victor Bhoroma

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 back of consistent growth in the key ind…

Published: 11 Jul 2018 at 07:15hrs | 1 | by Staff rpeorter

Bulawayo leaping back into its former glory

Bulawayo is leaping back into its former glory as Zimbabwe's industrial hub, with several major companies either re-opening or increasing capacity utilisation that will result in the creation of employment for thousands of people.Addressin…

Published: 24 Jun 2018 at 16:01hrs | 1 | by Staff reporter

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 industrial hub of the country, Bulawayo has su…

Published: 14 Jun 2018 at 07:28hrs | 1 | by Staff reporter

'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 of cheap Chinese goods.DOP leader Harr…

Published: 08 Jun 2018 at 07:27hrs | | by Staff reporter

Bulawayo de-industrialisation, ZITF success juxtaposed

The 59th edition of the Zimbabwe International Trade (ZITF) was by far the largest in decades both in terms of attendance by local and foreign exhibitors as well as the business activity.Not only did those who exhibited feel the difference…

Published: 02 May 2018 at 11:49hrs | 2 | by Staff rpeorter

Forex crunch threatens local comapnies

THE prevailing foreign currency shortage in the country is threatening to hamper leading textile company, Archer Clothing Manufacturers' growing business prospects.Archer Clothing Manufacturers is one of the country's most successful stori…

Published: 18 Mar 2018 at 08:42hrs | | by Staff reporter

Bulawayo scents industry revival

Diversification and innovation are the buzzwords for Bulawayo's surviving industries whose resilience in the face of a difficult macro-economic climate deserves applause. While the city has seen a demise of major companies recently, result…

Published: 04 Aug 2017 at 15:07hrs | | by Staff reporter

Bulawayo: From industrial to church hub

ONCE regarded as the country's industrial hub, Zimbabwe's second largest city has suffered what probably ranks as the worst job carnage, occasioned by the deteriorating economic situation that has led to seismic company closures, with chur…

Published: 12 Jul 2017 at 13:09hrs | 8 | by Staff reporter

Bulawayo seeks to regain industrial hub status

BULAWAYO City Council (BCC) is working on an economic blueprint aimed at ensuring the city regains its industrial hub status, after suffering years of de-industrialisation.Councillors argue there is need for the local authority to prepare …

Published: 09 Feb 2017 at 05:53hrs | | by Staff reporter

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