The Confederation of Zimbabwe Industries (CZI), which groups some of the country’s biggest companies, says industry was on the road to recovery, but recent government regulations on forex now threaten the progress its members have made.
The Confederation of Zimbabwe Industries (CZI) has released its annual manufacturing sector report, which provides a useful picture of how industries are doing. The report is compiled from surveys of operations of CZI’s members,...
By Engineer Mike Clarke The fastest road contract ever undertaken in Zimbabwe was completed at the end of November 2001. The contract was worth US$19 million, was for the construction of a...
The battle over a US$400 million deal to recapitalise the National Railways of Zimbabwe (NRZ) could be headed to the courts, further delaying plans to fix the country's collapsed rail network. After government...
Mureza Auto Company, an African car brand, plans to expand production from its plant in the Rosslyn business park outside Pretoria, to the Willowvale Assembly Plant in Zimbabwe and later the former Hyundai Plant near Gaborone in...
The government has put its vehicle assembly plants Willowvale and Deven up for sale, but finding a buyer for the old assets will require all the skills of a crafty used-car salesman. The...
Delta Corporation recorded declines across its beverage lines, with soft drinks being the hardest hit, in a turbulent final quarter of its 2019 financial year. The company has struggled to source foreign currency for...
Capacity utilisation of Zimbabwe’s industries will fall to just 34.3% this year, reversing an improvement seen in 2018, according to a report just released by the Confederation of Zimbabwe Industries (CZI). In its 2018 Manufacturing...
Delta Corporation says it owes foreign suppliers US$41 million, as surging demand continues to exert pressure on its forex needs. Delta’s products, especially carbonated soft drinks, have been in short supply and the situation worsened at the beginning of October...
THE Confederation of Zimbabwe Industries (CZI), the country’s main business representative body, has come out in support of government’s 2% tax on electronic payments after initially opposing the unpopular revenue measure. The tax, announced by Finance Minister Mthuli Ncube on...
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