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Business Reporter Some errant banks could be diverting to other uses, foreign currency allocated to companies by the Reserve Bank of Zimbabwe (RBZ) towards procurement of critical imports, Confederation of Zimbabwe Industries (CZI) revealed yesterday.

Livingstone Marufu Business Reporter The Confederation of Zimbabwe Industries (CZI) reviewed its capacity utilisation target for the year downwards to between 50 and 60 percent from the projected 65 percent by year-end due to a shortage of foreign currency to buy critical raw materials.

Conrad Mwanawashe : Business Reporter Zimbabwe industry should invest in research and development and link with the Defence Forces and Government to promote local production and procurement to support economic growth, Defence Forces Commander General Constantine Chiwenga has said. Presenting a paper on Local Procurement by Uniformed Forces for Economic Recovery at the Confederation of Zimbabwe Industries […]