Confederation of Zimbabwe Industries

Prices of school uniforms have gone up once again ahead of the beginning of the first term for the 2019 calendar year on Tuesday.
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Industry says the controversial Intermediary Money Transfer Tax should be amended in the upcoming 2019 National Budget to improve the ease of doing business in the country.
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Confederation of Zimbabwe Industries (CZI) has said the lift of a ban on the import of basic goods and foodstuffs must not go beyond December 21.
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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, industrialists warned yesterday.
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Many retail outlets — especially in urban areas — are running empty following the recent panic-buying of basic goods by fearful Zimbabweans who were unsettled by government’s much-criticised new economic stabilisation measures.
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The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring Agency (Sera) executive director Edgar…
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Zimbabwe should forge ahead with its anti-corruption fight to restore investor confidence and foster smooth economic transformation to anchor national development, former Botswana President Ian Khama, said yesterday.
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Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month. Observers fear the increases, blamed on bottlenecks in the supply chain, could have ripple effects on food prices.
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In the wake of the increased demand for fuel, industry actors are engaging the Reserve Bank of Zimbabwe (RBZ) to review the amount of foreign currency allocated to the petroleum sector.
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Government should start developing a clear monetary plan for the introduction of local currency at the appropriate time when necessary measures have been put in place, an official said yesterday.
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