Fuel

Fuel

The Committee was informed that the National Oil Company(NOIC) will with effect from January, 2017 reduce pipeline charges from 85c to 65c. Ideally this reduction should filter to consumers, through...

Power Supply Consistence & Tariff

Power Supply Consistence & Tariff

CZI applauds ZESA for stability in the power supply during the course of 2016. Apart from power outages as a result faults in some areas, the supply was consistence and...

Mobile Power Generators Not Ideal

Mobile Power Generators Not Ideal

CZI continue to challenge the setting up of Dema 100mw mobile diesel generators at a reported cost of almost $200 million. It was felt it was unfair, not strategic and...

Beitbridge Chirundu Highway

Beitbridge Chirundu Highway

Representatives of the Infrastructure committee met with the senior officials in the Ministry of Transport and Infrastructure Development. This was a follow up meeting to the one held with the...

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Consumers urged to shun businesses that unjustifiably hike prices

Industry and Commerce Minister, Dr. Bimha has bemoaned the ‘shortages’ and the resultant price hikes that occurred recently. Speaking at the Local Content Policy fund raising meeting held in Harare, he said that the behavior that was portrayed during that period raised a number of questions over the protection of local industry. Industry and Commerce Minister, Dr. Bimha has bemoaned the ‘shortages’ and the resultant price hikes that occurred recently. Speaking at the Local Content Policy fund raising meeting held in Harare, he said that the behavior that was portrayed during that period raised a number of questions over the protection of local industry.

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ZBC LIVE STREAMING CZI CONGRESS 2017

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LATEST BUSINESS NEWS

Tax conference set for May

17 April 2018
Tax conference set for May

Tax Matrix is set to host a tax conference where business leaders from various sectors of the economy will interact and share views on tax developments in the country and...

The Edible Oils Indaba

17 April 2018
The Edible Oils Indaba

The Oil Expressers Association held their second Edible Oils Indaba to discuss the availability and the pricing of soya bean as well as measures to improve local production. Key soya...

Validation Workshop on the Livestock Identification and Traceability System

17 April 2018
Validation Workshop on the Livestock Identification and Traceability System

The local Livestock sector is set to benefit from the newly proposed Livestock Identification and Traceability System (LITS) which will revitalize the sector making it competitive once again. The LITS...

The CZI Agribusiness Workshop

17 April 2018
The CZI Agribusiness Workshop

The CZI Agribusiness Standing Committee recently held a workshop aimed at providing an active link for all players within the agro-processing value chains to facilitate sharing of information and interaction...

UZ seeking corporate sponsorship to upgrade the ICT faculty

23 March 2018
UZ seeking corporate sponsorship to upgrade the ICT faculty

The University of Zimbabwe’s faculty of Information Communication Technologies (ICT) is appealing to the corporate world for sponsorship to upgrade their facilities. The faculty is in need of modern technologies...

The Business Linkages Committee

23 March 2018
The Business Linkages Committee

CZI Business Linkages committee is set to host a Business Linkages and SMEs development workshop to foster strong business relations for mutual benefit.  The committee will invite all value chain...

The Infrastructure Development Committee

23 March 2018
The Infrastructure Development Committee

Following the arrival of the new National Railways of Zimbabwe (NRZ) wagons, the CZI Infrastructure committee was briefed on the NRZ recapitalization programme and the future plans of the company....

SADC Engineering need and numbers study

23 March 2018
SADC Engineering need and numbers study

SADC has engaged a South African consultant to carry out the SADC Engineering Need and Numbers Study. The study seeks to investigate real numbers of engineers employed, and in which...

GERMAN DELEGATION VISITS ZIMBABWE

05 March 2018
GERMAN DELEGATION VISITS ZIMBABWE

CZI participated in the German Business Mission, to explore and assess the country’s economic environment and the existing opportunities for investment in Zimbabwe.The German delegation comprised of high profile companies...

CZI FUNDING

05 March 2018
CZI FUNDING

The CZI Funding and Investment Committee in conjunction with the prominent corporate legal firm, Manokore Attorneys held a Funding Connect Seminar, attended by financial institutions, corporate and investment legal advisors...

CZI plans leaky boarder workshop

05 March 2018
CZI plans leaky boarder workshop

As smuggling of goods continue to affect the economy, costing the country hundreds of millions of dollars in revenue, potential jobs and general economic growth, the CZI committee on leaky...

CZI leads business delegation to Italy

16 February 2018
CZI leads business delegation to Italy

The new dispensation has seen the country re engaging with the international community in extending business relations and engaging potential investors. CZI is set to lead the Zimbabwean delegation to...

Business Confidence Index

16 February 2018
Business Confidence Index

The composite Business Confidence Index for fourth quarter of 2017 stood at 5.8 for quarter on quarter and 22.9 for year on year. This indicates improved confidence and optimism of...

Livestock Business Forum focuses on Agric inputs, regulations

16 February 2018
Livestock Business Forum focuses on Agric inputs, regulations

The Livestock and Meat Advisory Council recently held a Livestock Business Forum with all stakeholders in the livestock production. The forum was an open floor for stakeholders to discuss different...

CZI - ZITF host Original Equipment Manufacturers

12 February 2018
CZI - ZITF host Original Equipment Manufacturers

This year the Confederation of Zimbabwe Industries (CZI) in collaboration with the Zimbabwe International Trade Fair (ZITF), will host an Original Equipment Manufacturers forum, running under the theme: “Building Export...

Energy and Environment: CZI raise concern on fuel & electricity

12 February 2018
Energy and Environment: CZI raise concern on fuel & electricity

The Confederation of Zimbabwe Industries Energy and Environment committee this week held their regular meeting discussing fuel, electricity and environmental issues. Fuel: The government has reduced the fuel excise duty...

German Senior Expert Service to boost productivity in local companies

12 February 2018
German Senior Expert Service to boost productivity in local companies

The Foundation of German Industry for International Cooperation is offering Senior Expert Service (SES) by retired skilled professionals in various fields for industry to assist those firms around the world...

Embassy of Japan

09 February 2018
Embassy of Japan

We have had contact with the Embassy of Japan in the country to explore ways of increasing investment from Japanese firms. Type of Engagement – Knowledge Sharing, Investment Promotion The...

DEIK - Foreign Economic Relations Board of Turkey (DEİK)

09 February 2018
DEIK - Foreign Economic Relations Board of Turkey (DEİK)

The Foreign Economic Relations Board of Turkey (DEİK), one of the leading business organizations in Turkey, is to pave the way for the development of Turkey's economic, commercial, industrial and financial relations with foreign countries...

Embassy of Italy

09 February 2018
Embassy of Italy

CZI is in constant contact with the Embassy of Italy in the country.  Italy has invited the local industrialists to the Italian Trade Mission, scheduled to take place from 21...

NIR - International Council of Swedish Industry

09 February 2018
NIR - International Council of Swedish Industry

NIR CEO & his team met with the CZI President, Vice President & management at CZI on the 24th of January.  NIR supports Swedish companies’ long-term interests in complex environment....

CZI-ZITF host Original Equipment Manufacturers Forum

05 February 2018
CZI-ZITF host Original Equipment Manufacturers Forum

CZI and ZITF are collaborating to host an Original Equipment Manufacturers (OEM) forum during ZITF 2018 scheduled for 24 to 28 April. The OEMs forum will be held on Thursday...

CZI meets Swedish Industry representatives

05 February 2018
CZI meets Swedish Industry representatives

CZI has met with the International Council for Swedish Industry (NIR) represented by the NIR CEO and programme manager. The purpose of the visit by NIR was to exchange views...

CZI – Turkish engagements moving on

05 February 2018
CZI – Turkish engagements moving on

On two separate occasions, CZI during the month of January, 2018 engaged with two companies from Turkey who were following up on Zimbabwean opportunities. Their visit was a follow up...

CZI 2018 Economic Outlook Symposium shows mixed expectations

05 February 2018
CZI 2018 Economic Outlook Symposium shows mixed expectations

The Confederation of Zimbabwe Industries has hosted the 2018 Economic Outlook symposium aimed giving some insights into the economic business projections for 2018. The presentations on the projections as well...

CZI PROPOSALS ON PRICE STABILIZATION

26 January 2018
CZI PROPOSALS ON PRICE STABILIZATION

Confederation of Zimbabwe Industry (CZI) has made proposals on price stabilization to the Vice President, Honorable Constantino Chiwenga in efforts to resolve the recent price increases on basic commodities which...

NATIONAL EXPORT STRATEGY TO IMPROVE COUNTRY’S EXPORTS

26 January 2018
NATIONAL EXPORT STRATEGY TO IMPROVE COUNTRY’S EXPORTS

The CZI Trade Development and Investment Promotion Committee is working on a National Export Strategy (NES) document aimed at improving and increasing the country’s exports as we as improve the...

ZIM TO BENEFIT FROM THE ITALIAN TRADE MISSION

26 January 2018
ZIM TO BENEFIT FROM THE ITALIAN TRADE MISSION

The recent political developments have witnessed quite a number of countries willing to do business with Zimbabwe. Italy has since invited the local industrialists and businessmen to the Italian Trade...

PRIVATE SECTOR COMMITMENT TO PRICE STABILISATION

26 January 2018
PRIVATE SECTOR COMMITMENT TO PRICE STABILISATION

The private sector business community acknowledges the recent Government interventions to reduce excise duty on petrol and diesel by 6.5 cents and 7 cents respectively. In this regard, the private...

Exciting energy developments

11 December 2017
Exciting energy developments

The gold miners have been offered a deal that would see their electricity cost reducing by as much as 32%. The Chamber of Mines highlighted on their engagement with ZESA...

2018 National Budget Transformative – An Analysis

11 December 2017
2018 National Budget Transformative – An Analysis

The 2018 National Budget presented by Finance and Economic Development minister, Patrick Chinamasa has been described as transformative, following a number of policy measures that the government has been resisting...

OIL Expressers Edible Oils Indaba

05 December 2017
OIL Expressers Edible Oils Indaba

The soya value chain is broken and require concerted efforts from all relevant stakeholders to ensure that value is created for the benefit of the value chain and the economy...

CZI Business Linkages and SMEs Development Workshop

05 December 2017
CZI Business Linkages and SMEs Development Workshop

Large corporates in the country have a crucial role to play towards developing and improving SMEs to become competitive through embracing linkages between the two respectively. The CZI Business Linkages...

Mashonaland Chamber of Industries Update

04 December 2017
Mashonaland Chamber of Industries Update

Zimbabwe has entered a new era following the recent political dispensation which most industrialists are optimistic and confident will bring better change through reviving industry and welcoming new investors. The...

CZI engages on pricing

10 November 2017
CZI engages on pricing

After the panic buying that occurred on the 22nd and 23rd of October 2017, the Minister of industry and Commerce was  tasked by cabinet to review the activities of that...

CZI 2017 National Budget: Call to reign in Government expenditure

10 November 2017
CZI 2017 National Budget: Call to reign in Government expenditure

CZI has submitted its proposals to the National Budget whose announcement is expected before the end of November 2017. In its submission CZI warned of the deterioration in macroeconomic fundamentals...

Manufacturing volume grows but capacity utilization slows down

30 October 2017
Manufacturing volume grows but capacity utilization slows down

The Manufacturing sector has recorded 5.5% growth in volume output in 2017 compared to 2016, while the weighted average capacity utilization has decreased from 47.4% to 45.1%. This was revealed...

CZI UPDATE ON THE STATE OF SUPPLY OF GOODS

13 October 2017
 CZI UPDATE ON THE STATE OF SUPPLY OF GOODS

 Recently, some events precipitated loss of confidence in the market resulting in a panic in the consumer goods market. We saw a frenzy of panic buying which was taken advantage...

Oil Expressers meeting update

13 October 2017
Oil Expressers meeting update

The Oil Expressers Association of Zimbabwe held their regular meeting at CZI with issue threatening the viability of industry being the highlight of the meeting. The OEAZ remain concerned over...

Funding conditions for Chinese private sector fund explained

13 October 2017
Funding conditions for Chinese private sector fund explained

CZI and the industrial associations held another meeting with the Chinese Africa Cooperation and on funding opportunities for various sectors. It was reported in the meeting that in Zimbabwe, the...

Local content policy initiatives gather momentum

13 October 2017
Local content policy initiatives gather momentum

The Rapid Result Initiative (RRI) on Local Content Regulations chaired by CZI has launched a fund raising exercise for the purposes of conducting a comprehensive study upon which local content...

Consumers urged to shun businesses that unjustifiably hike prices

13 October 2017
Consumers urged to shun businesses that unjustifiably hike prices

Industry and Commerce Minister, Dr. Bimha has bemoaned the ‘shortages’ and the resultant price hikes that occurred recently.  Speaking at the Local Content Policy fund raising meeting held in Harare,...

CZI soya value chain study launched

29 September 2017
CZI soya value chain study launched

The Zimbabwe Economic Policy Analysis Research Unit (ZEPARU) carried out a study, commissioned by CZI on the Development of a Competitive Soya Bean Value Chain. The study was launched last...

CZI meets over forex shortages and raw material supplies

29 September 2017
CZI meets over forex shortages and raw material supplies

CZI held an emergence National Council meeting on the 27th September regarding the supply of commodities and the lack of foreign currency to buy raw materials. Highlighted during the meeting...

CZI-meet Minister Bimha over panic buying and ‘shortages’

29 September 2017
CZI-meet Minister Bimha over panic buying and ‘shortages’

The Minister of Industry and Commerce Dr. Mike Bimha this week held an urgent meeting with industry over the ‘shortage’ of some basic goods and panic buying. The panic buying...

Chinese avail fund to private sector

29 September 2017
Chinese avail fund to private sector

The Confederation of Zimbabwe Industry held a meeting with official from China’s Ministry of Commerce under the Chinese Africa Cooperation framework. The official informed CZI of the existence of a...

Diesel 50 on the cards

15 September 2017
Diesel 50 on the cards

Zimbabwe is reported to be moving from diesel 500 to diesel 50 in the next few weeks, with the ministry of energy expected to make an announcement to that effect...

RRI Manufacturing Sector

15 September 2017
RRI Manufacturing Sector

The ongoing Rapid Results Initiatives (RRI) on the manufacturing sector are expected to swiftly improve the ease of doing business in the country through addressing cost structures  as well as...

Manufacturing Sector Survey in progress

15 September 2017
Manufacturing Sector Survey in progress

The CZI recently started conducting this year’s annual State of The Manufacturing Sector Survey. The Survey is carried out annually with the purpose of finding and analyzing the various factors...

CZI hosts Reserve Bank Governor over challenges

15 September 2017
CZI hosts Reserve Bank Governor over challenges

CZI organized and hosted an extra ordinary National Council Meeting, inviting the Reserve Bank of Zimbabwe Governor Dr. John Mangundya and Officials from the central bank. The meeting focused on...

Fuel

Fuel

The Committee was informed that the National Oil Company(NOIC) will with effect from January, 2017 reduce pipeline charges from 85c to 65c. Ideally this reduction should filter to consumers, through...

Power Supply Consistence & Tariff

Power Supply Consistence & Tariff

CZI applauds ZESA for stability in the power supply during the course of 2016. Apart from power outages as a result faults in some areas, the supply was consistence and...

Mobile Power Generators Not Ideal

Mobile Power Generators Not Ideal

CZI continue to challenge the setting up of Dema 100mw mobile diesel generators at a reported cost of almost $200 million. It was felt it was unfair, not strategic and...

Beitbridge Chirundu Highway

Beitbridge Chirundu Highway

Representatives of the Infrastructure committee met with the senior officials in the Ministry of Transport and Infrastructure Development. This was a follow up meeting to the one held with the...

SECTOR UPDATES

Retailers Association of Zimbabwe

08 September 2017

The Sector at the moment is depressed due to low demand and cash shortages. Disposable income for consumers continue to shrink due to loss of employment. Access to money is...

Personal Care

08 September 2017

The Personal Care Sector is facing two major challenges which include lack of access to foreign currency and issuance of import permits by Government for the importation of some of...

Stock feeds

08 September 2017

The sector produces 522 metric tonnes of feed per year with the bulk of it being chicken feed. The high maize yield as a result of good rains is one...

Construction Industries

08 September 2017

The Construction Industry Federation of Zimbabwe (CIFOZ) held their annual congress in August 2017. The main issue on the congress agenda was the pending issue of the Construction Contractors Bill,...

PLASTICS

08 September 2017

Similar to other sectors; foreign currency shortages remain a challenge to this sector as well. This sector comprises of mostly small companies that cannot access foreign currency from banks. This...

FRESH PRODUCE

08 September 2017

Fresh Produce sector relies on local farmers for apples and onions.  They are battling to get import licenses. AMA refused to let the sector import apples and this has been...

GRAIN MILLERS

08 September 2017

The Grain Millers have reported that the current wheat stocks are fairly good. The expected harvest for wheat is between 150-180 000 tonnes against a demand of around 400 000...

MOTOR INDUSTRY

08 September 2017

Foreign currency remains a challenge for the sector. Importation of spare parts have been a challenge. Lack of the required resources have led to the increase in the supply of...

Tea Growers

30 October 2017

The sector is faced with several challenges such as outdated machinery, cash shortages and lack of funds to diversify.   The prevailing cash shortages have impeded on employees’ production time...

Furniture Manufacturers Association

30 October 2017

Similar to other sectors, the Furniture Manufacturers’ Association (FMA) sector is also facing the common challenge of forex shortages, outdated machinery as well as border delays.   The sector requires...

Zimbabwe Textile Manufacturers Association

30 October 2017

The Zimbabwe Textile Manufacturers Association (ZITMA) has a success story to share as there were quite a number of noticeable developments in this particular sector.   The Polypropylene packaging manufacturers...

The Engineering Iron and Steel Association of Zimbabwe (EISAZ)

30 October 2017

The proposed investment in ZISCO STEEL is set to be major boost on EISAZ and the country at large as it is expected to create employment as well as improving...

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