ENERGY and Power Development Minister, Advocate Fortune Chasi, says modalities are being put in place to ensure solar products are imported duty free to increase investment in renewable energy across ...
By Staff reporter | Published: 09 July 2019
Zimbabwe's imports for the first four months of the year to April 2019 dropped 31 percent to US$1,5 billion from US$2,2 billion registered in the same period last year, as the country's import bill co...
By Staff reporter | Published: 12 June 2019
THE local refrigerator-manufacturing industry needs protection from imports as it is now cheaper to import than manufacture, a leading player, Capri, has said.The fridge maker, which ceased operations...
By Staff reporter | Published: 19 January 2019
Government has moved in to secure 30 000 metric tonnes of wheat worth $12,2 million with a 20 percent down payment following threats by an international supplier to cut off the deal citing Harare's de...
By Staff reporter | Published: 06 January 2019
Finance and Economic Development Minister Professor Mthuli Ncube has invoked the Customs and Excise Act and imposed duty in foreign currency on an array of goods that include vehicles and meat, in lin...
By Staff reporter | Published: 26 November 2018
Zimbabwe's power imports declined by almost 50 percent during the second quarter of the year after the country's power utility increased generation at Kariba plant. Zesa Holdings increased output at K...
By Staff reporter | Published: 13 September 2018
ZIMBABWE'S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food.Data for January is missing.The growing import pressures also saw the country's trade...
By Staff reporter | Published: 12 September 2018
Zimbabwe's consumer goods imports declined 34 percent during the period January to July 6 this year, as domestic consumption of locally produced goods surged, according to the latest statistics from t...
By Staff reporter | Published: 20 July 2018
The Reserve Bank of Zimbabwe (RBZ) has doubled cash imports to $100 million per month as the central bank tries to ameliorate the prevailing cash shortages as well as meet rising demand from recoverin...
By Staff reporter | Published: 08 July 2018
Investments made in the dairy sector at both farm and processing level coupled with the implementation of SI64, have seen the amount spent on importation of milk and milk-based products reduce signifi...
By Staff reporter | Published: 06 July 2018
SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...
By Staff reporter | Published: 21 June 2018
THE Reserve Bank of Zimbabwe yesterday released the $20 million requested by millers to import part of the 200 000 metric tonnes of wheat from Canada and Germany to avert a bread shortage.The 200 000 ...
By Staff reporter | Published: 20 June 2018
ECOBANK Zimbabwe, a unit of Togo-based Ecobank Transnational Inc, is arranging a $45 million line of credit to fund importation of critical raw materials, an official has said. Zimbabwe is grappling w...
By Staff reporter | Published: 20 June 2018
THE Democratic Opposition Party (DOP), one of the several opposition parties contesting the July 30 harmonised elections, has blamed company closures and resultant high unemployment on the importation...
By Staff reporter | Published: 08 June 2018
The Zimbabwe Revenue Authority (Zimra) must come clean on reports that the ruling Zanu-PF is not paying import duty for its campaign vehicles and other materials.Zimra commissioner-general, Faith Maza...
By Staff reporter | Published: 08 June 2018
RBZ allocated about $474 million towards the importation of fuel in the first four months of the year, which is way above the $383, 1 million disbursed by the apex bank during the comparative period l...
By Staff reporter | Published: 01 June 2018
The cost of importing used vehicles is likely to increase as government is considering raising import levies on all pre-owned cars, Industry, Commerce and Enterprise Development Minister Mike Bimha ha...
By Staff reporter | Published: 25 May 2018
SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...
By Staff reporter | Published: 21 May 2018
A local weekly has reported that Zimbabwe's bank note shortage would ease, following $400 million cash imports by the Reserve bank of Zimbabwe [RBZ] since the beginning of the year, as well as improve...
By Nelson Banya | Published: 20 May 2018
THE government should consider putting more money into the productive sectors of the economy instead of importing cash.Reserve Bank of Zimbabwe (RBZ) governor John Mangudya revealed recently that the ...
By Staff reporter | Published: 20 May 2018
DESPITE a chicken import ban, data from the South African Revenue Services shows that over 1 000 tonnes of frozen chicken and offals were exported by that country to Zimbabwe from 2017.The Livestock,...
By Staff reporter | Published: 17 May 2018
ZIMBABWE is still importing grain despite claims by the government that it had stopped doing so in February last year following a bumper harvest from the command agriculture programme.The government, ...
By Staff reporter | Published: 17 May 2018
A UNIT of Anglo American Corporation, Unki, has imported bricks from China to repair its furnace as there are no local suppliers, NewsDay reported.The consignment of 98 tonnes of refractory bricks cam...
By Staff reporter | Published: 04 May 2018
ZIMBABWE is splashing millions of dollars importing soil for making bricks, a situation which further puts pressure on the country's dwindling foreign currency reserves, Confederation of Zimbabwe Indu...
By Staff reporter | Published: 02 April 2018
Zimbabwe's second hand car imports dropped by 10 percent to around 35 000 in 2017 due to biting cash shortages and increased customs duty. In 2016, Zimbabweans imported 42 000 second-hand cars. But t...
By Staff reporter | Published: 16 March 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
