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Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 82 | by Staff reporter
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 273 | by Staff reporter
WATCH: Zimbabwe cracks down on retailers smuggling flour
The Zimbabwe Republic Police, in collaboration with the Ministry of Agriculture and the Ministry of Industry and Commerce, will launch a series of raids on retailers suspected of smuggling flour into ...Published: 10 Oct 2024 at 18:13hrs | 1251 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 379 | by Staff reporter
Botswana to 'send' 20,000 elephants to Germany
Botswana's president has threatened to send 20,000 elephants to Germany in a dispute over conservation.Angered by proposals in Berlin to restrict the import of hunting trophies, President Mokg...Published: 05 Apr 2024 at 10:16hrs | 16 | by Staff reporter
Zimdollar in first time gain on RBZ Auction
THE ZW$ value firmed up by 8,6% on the Reserve Bank of Zimbabwe Auction platform , signalling improved widespread usage of the local currency on the back of the economy's swift response to economic me...Published: 28 Jun 2023 at 20:27hrs | 2 | by Staff reporter
Zimbabwe consumers in a fix
As Zimbabweans continue to battle with a failing economy, increases in prices of basic commodities has pushed many into abject poverty.A recent survey conducted by Standardbusiness indic...Published: 18 Jun 2023 at 08:40hrs | | by Staff reporter
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | 4 | by Staff reporter
Chloride expands outlets as imports fall
ZIMBABWE'S biggest battery maker, Chloride Zimbabwe, says outlets of its Exide Express, have increased by 330% in the past five years, as demand increases on the domestic market in response to import ...Published: 14 Oct 2021 at 06:24hrs | 1 | by Staff reporter
Policy implementation key in reindustrializing economy
The re-industrialization of the economy is a vital piece in the achievement of Zimbabwe's sustainable economic development goals and effective participation in the Africa Continental Free Trade Area (...Published: 05 Sep 2020 at 16:15hrs | | by Victor Bhoroma
Zimbabwe eyes US$4m Japanese avocado market
Zimbabwe has the potential to earn over US$4 million annually from exporting avocados to Japan if the Asian country removes its restrictions on the importation of fresh fruits and vegetables from Afri...Published: 01 Sep 2019 at 15:00hrs | 1 | by Staff reporter
Mnangagwa, Mthuli Ncube must 'unscramble the egg and go back to the basics'
I THOUGHT we had seen everything that this country of ours could throw at us, but the situation right now looks like nothing we have seen before.Prices have quadrupled and continue to rise ine...Published: 21 Jun 2019 at 07:26hrs | 1 | by Eddie Cross
Eddie Cross turns against Mnangagwa
I thought we had seen everything that this country of ours could throw at us, but the situation right now looks like nothing we have seen before. Prices have quadrupled and continue to rise inexorably...Published: 19 Jun 2019 at 11:39hrs | | by Eddie Cross
Import substitution: best remedy to high import bill
Zimbabwe imported goods worth $6.85 Billion in 2018, a 38% increase from 2017. That import figure can go up by 30% if smuggled merchandise and under declared imports at the country's border posts are ...Published: 12 May 2019 at 23:15hrs | 1 | by Victor Bhoroma
'Price increases result of RTGS$ value fall'
AS prices of basically everything in Zimbabwe continue to skyrocket, political and social analysts have called on President Emmerson Mnangagwa to be transparent and accountable for his government's at...Published: 05 May 2019 at 17:26hrs | 1 | by Staff reporter
Can Zimbabwe manage to de-dollarize
The Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monitory Area (CMA), also refer...Published: 23 Apr 2019 at 15:18hrs | 10 | by Victor Bhoroma
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | 1 | by Victor Bhoroma
CZI lobbies for import restrictions return
Industrial lobby group, Confederation of Zimbabwe Industries (CZI), says the Government needs to quickly revert to the policy of restricting entry of low priced imported products into Zimbabwe to quic...Published: 12 Apr 2019 at 07:28hrs | | by Staff reporter
Zimbabwe, SA set timelines for deals implementation
ZIMBABWE and South Africa committed themselves to accelerate the implementation of several agreements .covering a wide array of bilateral issues affecting the two countries during this week's bi-natio...Published: 21 Mar 2019 at 10:16hrs | 1 | by Staff reporter
Inflation hits Zimbabwe retail sector
THE retail sector in Zimbabwe is seen declining this year due to high inflation and a widening rift between prices and incomes, the Confederation of Zimbabwe Retailers (CZR) has said.CZR presi...Published: 11 Feb 2019 at 09:55hrs | | by Staff reporter
Supply side intervention key for Zimbabwean Industries
The local industry has been operating below par in the last 20 years. Various policies by the government have failed to reindustrialize the economy with the sector's contribution to GDP falling below ...Published: 01 Dec 2018 at 10:22hrs | 1 | by Victor Bhoroma
Where are you Mr President ED Mnangagwa
First off, let me confess that I was the happiest man to see you ascend to the post of the President of Zimbabwe but that euphoria is quickly running thin.My dismay has many sources but today ...Published: 16 Nov 2018 at 15:14hrs | | by Sam Wezhira
Mnangagwa to monitor companies allocated forex by RBZ
GOVERNMENT has proposed the establishment of a Foreign Currency Utilisation Monitoring Mechanism to monitor companies that receive foreign currency from the central bank.Addressing a Press bri...Published: 15 Nov 2018 at 06:00hrs | 1 | by Staff reporter
Money is the root of all evil
We all use money every day and yet few of us really understand what these bits of paper or cotton or simply figures in a ledger really mean. But we know the stuff is important.In economic term...Published: 12 Nov 2018 at 05:38hrs | | by Eddie Cross
Packaging materials price hike shocks millers
MILLERS will on Wednesday meet with packaging material manufacturers after the latter raised their prices by over 500%, sparking fears of another round of increases for flour, mealie-meal and bread....Published: 06 Nov 2018 at 05:37hrs | | by Staff reporter
Where is Zimbabwe's cash going?
Zimbabwe is currently going through serious shortages of literally everything from bottled water to bread.Queues have become a common feature across the country as Zimbabweans struggle to purc...Published: 04 Nov 2018 at 09:15hrs | | by Crecey Kuyedzwa - Fin24
Zimra deploys more staff to Beitbridge Border Post
Zimbabwe Revenue Authority (Zimra) is set to expand service points for duty assessments and deploy additional staff at Beitbridge Border Post in anticipation of an increase in traffic and cargo follow...Published: 30 Oct 2018 at 11:49hrs | | by Staff reporter
Mnangagwa bangs door in Chamisa's face
President Emmerson Mnangagwa has spoken for the first time on opposition leader Nelson Chamisa's push for a transitional government, saying any form of a power-sharing arrangement was not on his agend...Published: 26 Oct 2018 at 22:27hrs | | by Staff reporter
Zimbabwe companies expected to close shop, massive job losses loom
The lifting of a protectionist policy introduced by former president Robert Mugabe's regime last year to promote local production could see companies closing shop, resulting in massive job losses, ind...Published: 25 Oct 2018 at 14:09hrs | | by Staff reporter
Cheap fabric tears clothing sector
The clothing and textile industry is weighed down by cheap sub-standard fabrics that are continuing to flood the local market despite a raft of measures to protect local players, industry officials ha...Published: 08 Mar 2018 at 05:25hrs | 1 | by Staff reporter
Zimbabwe's pricing dilemma
Zimbabwe's quest for economic competitiveness and new business is very much connected to market pricing of goods and services. Competitive prices incentivize suppliers through healthy profit margins w...Published: 23 Feb 2018 at 13:33hrs | 1 | by Victor Bhoroma
Freedom is important
I will always recall a statement in a national executive meeting of the MDC in its early days when one of our elder statesmen, who was a senior Zanla war veteran, stood up and simply stated "freedom i...Published: 09 Feb 2018 at 07:23hrs | 2 | by Eddie Cross
Who ill-advised President Mnangagwa to go to Davos? Ill-timed trip indeed!
Even the admirer of President Mnangagwa: Hon. Eddy Cross questioned the visit by the President to go the Switzerland to meet global presidents and elite global business leaders whose objectives are to...Published: 30 Jan 2018 at 19:19hrs | | by Nomazulu Thata
'We have to be careful about dropping our pants - we may get raped!'
Movement for Democratic Change legislator Eddie Cross says while Zimbabwe is open for business it must be careful that it will not be exploited.He also differed with his Alliance partners who ...Published: 30 Jan 2018 at 17:11hrs | 1 | by Staff reporter
Minister announces relaxation of import restrictions
GOVERNMENT has relaxed regulations on the importation of basic commodities into the country and has invited people and organisations with free funds to approach the Industry and Commerce ministry to o...Published: 13 Nov 2017 at 05:28hrs | | by Staff reporter
Reserve Bank of Zimbabwe in drive to grow forex earnings
Reserve Bank of Zimbabwe Governor Dr John Mangudya is making frantic efforts to grow Zimbabwe's foreign currency earnings across industry in a bid to address foreign currency shortages that resulted i...Published: 23 Aug 2017 at 06:27hrs | | by Staff Reporter
Zimbabwe cooking oil over-priced for export
DESPITE the growing supply of cooking oil on the domestic market, producers are finding it difficult to tap into export markets due to un-competitiveness of the commodity.Oil Expressers Associ...Published: 08 Aug 2017 at 23:52hrs | | by Staff Reporter
Greedy businesses caught out
THE National Competitiveness Commission (NCC) - former National Incomes and Pricing Commission (NIPC) - and the Zimbabwe Revenue Authority (Zimra) are agreed that local retailers are extortionately pr...Published: 30 Apr 2017 at 14:07hrs | 1 | by Staff reporter
Mugabe slammed for snacking on banned imports
President Robert Mugabe has come under fire for snacking on imported products that his government banned, with the opposition saying the move exposes the nonagenarian's high level of hypocrisy....Published: 28 Feb 2017 at 14:19hrs | | by Staff reporter
Car dealers in foreign currency challenges
PERSISTENT foreign exchange shortages have hit car dealers who fear disruption of their business as their stocks are running out.General manager at AutoWorld, Mr Mike Batch said the shorta...Published: 30 Jan 2017 at 05:26hrs | | by Staff reporter
Basic food prices go up
The prices of basic goods, including foodstuffs, have soared in recent weeks, as the country's economy continues to collapse — compounding the misery of long-suffering Zimbabweans.As a r...Published: 27 Jan 2017 at 06:00hrs | | by Staff reporter
Zimbabwe to review imports ban
Industry minister Mike Bimha says government is in the process of reviewing items on Zimbabwe's import restrictions list with the view of adding or removing some, as the country moves to monitor i...Published: 10 Jan 2017 at 12:14hrs | 1 | by Staff reporter
More goods placed under import restrictions
THE Government has increased the list of goods under Statutory Instrument 64 of 2016 among a raft of measures aimed at protecting local industry and stimulating domestic production and exports....Published: 09 Dec 2016 at 05:53hrs | | by Staff reporter
Imports ban boost Zimbabwe industry capacity utilisation
CAPACITY utilisation in the manufacturing sector has risen by 13,1 percentage points to 47,4 percent, buoyed by an import ban imposed to protect the beleaguered industrial sector, a Confederation ...Published: 24 Nov 2016 at 06:09hrs | | by Staff reporter
Zimbabwean employers mull salary cuts over cash queues
EMPLOYERS are considering docking salaries for workers who squander productive time on cash queues but labour unions say they are prepared to fight such an "injustice" to the hilt. Cash shor...Published: 30 Oct 2016 at 10:35hrs | | by Staff reporter
Productivity in manufacturing industry up 50%
The Confederation of Zimbabwe Industries (CZI) says productivity in some local manufacturing industries has gone up by an average of 30 percent to 50 percent aided by the restrictions on importati...Published: 20 Oct 2016 at 09:01hrs | | by Staff reporter
'Sadc countries agreeable to Zimbabwe imports ban'
Industry minister Mike Bimha has sensationally - claimed that southern African countries have made peace with Zimbabwe's imports ban regulations.This was after Sadc member states - led by ...Published: 17 Oct 2016 at 13:18hrs | | by Staff reporter
Bond note jitters and investor fears hits the Zimbabwe Stock Exchange
A nosedive in turnover on the Zimbabwe Stock Exchange (ZSE) as well as apprehension over the introduction of local bond notes next month are worsening investor apprehension and denting confidence ...Published: 06 Sep 2016 at 18:44hrs | 3 | by Online
Policy inconsistency is a threat to national development
A policy is a declaration of an intention. For every country to have a direction there is need for clarity on policy and governance issues. No investor is willing to part or partner with any meani...Published: 06 Sep 2016 at 14:13hrs | | by Tinashe E Muzamhindo
Zimbabwe millers lobby for wheat flour import restrictions
Grain millers are lobbying Government for the inclusion of all types of wheat flour on Statutory Instrument 64 of 2016 so that they be subjected to the same import control regime as other products...Published: 31 Aug 2016 at 06:34hrs | | by Staff reporter
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