Mnangagwa encourages industries to export 20% of their produce

President Emmerson Mnangagwa (pictured) yesterday urged companies and producers to export 20% of their produce to the foreign markets, but retain 80% for local markets.Mnangagwa made the remarks while...

By Staff reporter | Published: 18 October 2019


Zimbabwe pushes for US$14 bln export earnings by 2030 in National Export Strategy

Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...

By Staff reporter | Published: 17 October 2019


Trade deficit widens to US$718m despite 15% rise in export earnings for August

According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...

By Staff reporter | Published: 14 October 2019


ZESA set to increase power exports to Namibia

State-run Zimbabwe Electricity Supply Authority (ZESA) senior officials are expected to meet with executives from Namibia's electricity company NamPower and finalise some on-going negotiations for the...

By Staff reporter | Published: 30 September 2019


Starafrica eyes 10% increase in exports

After concluding an agreement with ZETDC last month to ensure continuous power supply to the factory, Starafrica Corporation intends to recover 10% of production lost by accelerating export sales in t...

By Staff reporter | Published: 28 September 2019


Zimbabwe earns US$5bn through exports

ZIMBABWE'S foreign currency receipts are close to US$5 billion from January to date, which indicates that the country is generating sufficient forex to cater for its economic requirements, Industry an...

By Staff reporter | Published: 27 September 2019


Gold weighs on June exports

ZIMBABWE's exports fell 32 percent in June this year weighed down by reduced shipments of major mineral exports, latest statistics from the Reserve Bank of Zimbabwe (RBZ) show. The drop in exports cam...

By Staff reporter | Published: 24 September 2019


Zimbabwe scraps 15% tax on raw platinum exports

Zimbabwe's platinum mining companies have come up with a roadmap for refinery plants that have seen the government considering the removal of a 15 percent tax on raw exports for the commodity.While co...

By Staff reporter | Published: 16 July 2019


Zimbabwean exporters to continue getting US$

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says the new monetary regulations as announced through Statutory Instrument (SI) 142 of 2019 will have no effect on payment modalities to expor...

By Staff reporter | Published: 26 June 2019


'Trade policy, export strategy ready by third quarter'

ZimTrade chief executive Allan Majuru says he expects the trade policy and export strategy (TPES) document meant to boost exports to be ready before the end of the third quarter.The TPES is an impleme...

By Staff reporter | Published: 20 June 2019


Delta to revive malt exports as forex shortages continue to bite

Delta Corporation has invested close to US$4m in its barley contract-farming scheme, targeting a yield of 35,000 metric tonnes this year and with an objective of earning foreign currency from malt exp...

By Staff reporter | Published: 03 May 2019


'Zimbabwe should diversify its exports'

ZIMBABWE needs to urgently diversify its exports as a strategy to narrow the trade deficit and widen opportunities for increased foreign currency earnings, ZimTrade chief executive officer, Mr Allan M...

By Staff reporter | Published: 03 May 2019


'Price hikes reflect anti-export policy'

THE Confederation of Zimbabwe Industries (CZI) says price hikes currently obtaining in the country are a reflection of government's anti-export policies and not the fault of industry.CZI president Sif...

By Staff reporter | Published: 01 May 2019


Chiwenga urges businesses to grab Belarus export opportunities

VICE President Dr Constantino Chiwenga yesterday called on Zimbabwean businesses to grab investment and export opportunities presented by Belarus, which is exhibiting for the first time at the Zimbabw...

By Staff reporter | Published: 26 April 2019


Zimbabwe gold exports dip 17%

Zimbabwe's gold exports receipts were down 17 percent to US$273.5m in the first quarter of the year due to low deliveries attributed to reduced foreign retention threshold. In the quarter 6.5 tonnes o...

By Staff reporter | Published: 25 April 2019


Turnall explores export markets

Zimbabwe Stock Exchange (ZSE) listed roofing and building materials manufacturer, Turnall Holding, intends to increase its product range to include production and supply of non-asbestos roofing materi...

By Staff reporter | Published: 25 April 2019


Zimbabwe targets US$4bn in mining exports

Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...

By Staff reporter | Published: 24 April 2019


Create export friendly policies: Mudenda

ZIMBABWE needs to improve its trade systems and proffer enabling monetary and fiscal policies designed to promote international trade, Speaker of the National Assembly Jacob Mudenda has said.Speaking ...

By Staff reporter | Published: 12 February 2019


ZimTrade aims to increase exports by 10%

TRADE and export promotion body ZimTrade has projected to increase exports of value-added goods and services by 10 percent this year through lining-up various promotional programmes aimed at encouragi...

By Staff reporter | Published: 20 January 2019


Delta urged to explore export market

INDUSTRY and Commerce Deputy Minister Raj Modi says Delta Corporation Limited should consider exploring and fortifying export markets to enable it to boost its foreign currency coffers in the wake of ...

By Staff reporter | Published: 20 January 2019


Zimbabwe mulls labour exports to S. Sudan

GOVERNMENT is targeting to generate foreign currency through human capital exports and has renewed negotiations with South Sudan to send unemployed graduates to that country. Government has previously...

By Staff reporter | Published: 01 January 2019


United Refineries gets export permit

ONE of the country's leading cooking oil and soap manufacturers, United Refineries Limited (URL) will resume cooking oil exports to Namibia soon as it forges ahead to grow its foreign currency coffers...

By Staff reporter | Published: 30 December 2018


Chloride Zimbabwe targets battery exports

Zimbabwe's battery manufacturer, Chloride Zimbabwe is targeting enhanced exports next year following a strong performance that has raked in $6 million.The battery firm's $5 million investment in a new...

By Staff reporter | Published: 16 December 2018


RBZ creating artificial money to fund gold exports

THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...

By Staff reporter | Published: 13 September 2018


Prospect Lithium secures $10m export facility

AUSTRALIA Stock Exchange (ASX) listed Prospect Resources, says its Zimbabwean unit, Prospect Lithium Zimbabwe, has secured $10 million export finance facility from the Reserve Bank through CBZ Bank Li...

By Staff reporter | Published: 12 September 2018

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