ZIMBABWE

SecZim licences VFEX

The Securities and Exchange Commission of Zimbabwe has licenced the Victoria Falls Stock Exchange paving way for its scheduled opening. The VFEX will become the country's second stock exchange as...

By Staff reporter | Published: 01 September 2020

ZIMBABWE

SecZim to audit fungible shares trading amid 'cheating' reports

The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...

By Staff reporter | Published: 12 March 2020

BUSINESS NEWS

SECZIM develops handbook on Anti-Money Laundering

In a bid to assist Securities Market Intermediaries (SMIs) in understanding their obligations in the fight against money laundering and terrorist financing in the securities sector, the Security and E...

By Staff reporter | Published: 23 September 2019

ZIMBABWE

Capital markets poised for growth in 2019

SecZim says it is optimistic that the capital markets will perform exceptionally well this year, despite economic headwinds. Zimbabwe is facing its economic crisis in a decade as shown by increasing f...

By Fin Gaz | Published: 07 February 2019

BUSINESS NEWS

Zimbabwe retailers appeal for distress fund

Retailers have called on Government to establish a distress fund that will help re-capacitate and restock businesses that fell victim to the looting and vandalism that took place during last week's vi...

By Staff reporter | Published: 25 January 2019

CZI lobbies for partial free FX rate

The Confederation of Zimbabwe Industries, the country's biggest industry representative group, is lobbying the Reserve Bank of Zimbabwe to consider partially floating the exchange rate in order to min...

By Staff reporter | Published: 30 December 2018

BUSINESS NEWS

CZI in rallying call for investment

THE Confederation of Zimbabwe Industries (CZI) has rallied potential investors to grab available economic opportunities across sectors by taking advantage of on-going reforms being implemented by the ...

By Staff reporter | Published: 30 September 2018

BUSINESS NEWS

Capacity utilisation to exceed 50%: CZI

THE country's manufacturing sector capacity utilisation is set to exceed 50 percent this year on the back of gains achieved in the last two years, with more positive prospects under the new political ...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

CZI tells government stop RBZ overdrafts

THE Confederation of Zimbabwe Industries (CZI) says government should stop making overdrafts from the central bank as this fuels inflation and aggravates the country's fiscal deficits.After an extende...

By Staff reporter | Published: 19 July 2018

ZIMBABWE

SecZim to launch online system

An online system allowing ordinary people to buy shares on the Zimbabwe Stock Exchange (ZSE) is set to be launched on July 16.According to a notice issued by the Securities and Exchange Commission of ...

By Staff reporter | Published: 07 July 2018

BUSINESS NEWS

Zim manufacturing sector requires $2bn

Zimbabwe's manufacturing sector requires around $2 billion in capital funding for optimum operation, the Confederation of Zimbabwe Industries (CZI) has said. CZI president Sifelani Jabangwe pinpointed...

By Staff reporter | Published: 28 June 2018

ZIMBABWE

SecZim amends rules

THE capital markets regulator, the Securities Exchange Commission of Zimbabwe (SECZ), is amending its regulations to enhance investor protection.SECZ chief executive officer Tafadzwa Chinamo told The ...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

US dollar, RTGS not at par, says CZI

PEGGING the greenback to Real Time Gross Settlement (RTGS) balances and bond notes on a one-to-one basis does not reflect the true value of the US dollar, the Confederation of Zimbabwe Industries (CZI...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

CZI to hold major investment forum

THE Confederation of Zimbabwe Industries (CZI) will hold its 2018 Congress and International Investment Forum from September 26-28 in Bulawayo.The congress, which runs under the theme From Dialogue to...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

CZI seeks nod to trade forex

THE Confederation of Zimbabwe Industries (CZI) is lobbying the government to allow businesses that are earning foreign currency to trade with those that require it in a bid to reduce the cost of forex...

By Staff reporter | Published: 07 May 2018

Middle class economy possible, says CZI

THE Confederation of Zimbabwe Industries (CZI) says President Emmerson Mnangagwa's drive towards a middle-class economy by the year 2030 is possible if Zimbabweans work together to increase productivi...

By Staff reporter | Published: 25 April 2018

BUSINESS NEWS

Expedite SEZs, CZI tells government

GOVERNMENT has been urged to expedite the implementation of the special economic zones (SEZs) programme for the benefit of the economy.Confederation of Zimbabwe Industries Matabeleland Chapter preside...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Gunda re-elected CZI Mat'land Chapter president

GENERAL manager for General Beltings, Mr Joseph Gunda, has been re-elected president of the Confederation of Zimbabwe Industries Matabeleland Chapter for another one-year term.Mr Gunda and his two vic...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

CZI chapters hold elective AGMs

THE Confederation of Zimbabwe Industries (CZI) has started convening elective annual general meetings for all its chapters across the country starting with the Matabeleland chapter today.CZI Matabelel...

By Staff reporter | Published: 11 April 2018

BUSINESS NEWS

CZI hosts business linkages workshop

THE Confederation of Zimbabwe Industries (CZI) is set to host a business linkages and small-to-medium enterprises (SMEs) development workshop, to foster strong business relations for mutual benefit.In...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

SecZim mulls derivatives, REITS

Capital markets regulator, the Securities Exchange Commission of Zimbabwe (SecZim) is working to diversify local securities trading through the introduction of derivatives and real estate investment t...

By Staff reporter | Published: 16 March 2018

BUSINESS NEWS

CZI, Govt to work on forex shortages

The Confederation of Zimbabwe Industries (CZI) is expecting the manufacturing industry to work closely with the Government on foreign currency allocations to avert food shortages, improve capacity uti...

By Staff reporter | Published: 15 March 2018

BUSINESS NEWS

'Restricted products flooding market'

THE Confederation of Zimbabwe Industries (CZI) says restricted products were still finding their way into the country illegally, making the competition unfair for the local manufacturers.CZI Matabelel...

By Staff reporter | Published: 06 March 2018

BUSINESS NEWS

CZI seeks indigenisation of State tenders

ZIMBABWE's industries have proposed the establishment of measures to shield them from foreign competition in State tenders.A draft local content policy being discussed by Confederation of Zimbabwe Ind...

By Staff reporter | Published: 01 March 2018

BUSINESS NEWS

CZI woos Italians

THE Confederation of Zimbabwe (CZI) Industries has signed a memorandum of understanding (MoU) with its Italian counterpart Confindustria to facilitate mutual trade and investment between the two count...

By Staff reporter | Published: 27 February 2018
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