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

BUSINESS NEWS

$500m required for re-tooling

Zimbabwe is losing in excess of US$2 billion annually through the use of antiquated machinery while half-a-billion dollars is required for the industry's retooling, businessdigest has learnt.Manufactu...

By Zim Ind | Published: 23 February 2018

BUSINESS NEWS

Zim's business environment

Zimbabwe's business environment remains difficult despite an improvement in confidence and optimism, results from the Confederation of Zimbabwe Industries (CZI) Business Confidence Index show. CZI pre...

By Staff reporter | Published: 22 February 2018

LANDS & AGRICULTURE

CZI pushes for CSC revival

The Confederation of Zimbabwe Industries (CZI) Masvingo chapter says the government should prioritise the recapitalisation of the Cold Storage Commission (CSC) as many downstream industries stand to b...

By Staff reporter | Published: 13 February 2018

ZIMBABWE

Capital markets regulator target retail investors

Capital markets regulator, the Securities Exchange Commission of Zimbabwe (SecZim), is targeting to attract more retail investors to participate in securities trading. SecZim chief executive Tafadzwa ...

By Staff reporter | Published: 01 February 2018

BUSINESS NEWS

CZI prods industry to grab opportunities

The Confederation of Zimbabwe Industries says its members must take advantage of the current positive investor sentiment on the country to scout for investments. CZI president Sifelani Jabangwe told d...

By Staff reporter | Published: 31 January 2018

BUSINESS NEWS

CZI postpones economic outlook symposium

THE Confederation of Zimbabwe Industries (CZI) has postponed its economic outlook symposium that was scheduled for this week to next week in order to accommodate some officials attending the World Eco...

By Staff reporter | Published: 26 January 2018

BUSINESS NEWS

Price stability by March: CZI

THE Confederation of Zimbabwe Industries (CZI) expects prices of basic household commodities to stabilise by March with anticipated foreign currency inflows from tobacco sales.Zimbabwe, which imports ...

By Staff reporter | Published: 25 January 2018

BUSINESS NEWS

CZI pushes for power tariff cut

THE Confederation of Zimbabwe Industries (CZI) is lobbying government to lower power tariffs which it cites as one of the factors triggering recent commodity price increases.This comes amid a proposal...

By Staff reporter | Published: 12 January 2018

BUSINESS NEWS

CZI wants squatters booted out

Timber firms in Manicaland are hoping that President Emmerson Mnangagwa's government will finally act on invasions on the timber plantations by illegal settlers who were an untouchable lot during the ...

By Staff reporter | Published: 14 December 2017

BUSINESS NEWS

Black market forex unsustainable, says CZI

THE sourcing of foreign currency from the parallel market is not sustainable for industry operations and Government needs to capacitate the Reserve Bank of Zimbabwe (RBZ) to meet funding requirements ...

By Staff reporter | Published: 11 December 2017

BUSINESS NEWS

Slow local bond market uptake worries SecZim

THE Securities and Exchange Commission (SecZim) says it is worried about the slow uptake of bonds listed on the local markets. Bonds are a debt security under which the issuer owes the holders a debt ...

By Staff reporter | Published: 07 December 2017
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