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Enacy Mapakame Business Reporter 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 delegates during its 2018 Economic Outlook Symposium yesterday that the new dispensation provided opportunities for companies to attracting fresh investments they need to enhance […]
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Herald Reporters— Retailers yesterday pledged to continue reviewing down prices of basic commodities as long as cost drivers are reduced and applauded Government for coming up with a value chain price stabilisation mechanism. Government last week reduced excise duty on petrol and diesel by 6,5 cents and 7 cents, respectively. The intervention by Government was expected to
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Business Reporter Most businesses that produce or import basic products are struggling to obtain foreign currency under the Reserve Bank of Zimbabwe priority list, forcing importers to resort to parallel markets, where they get it at steep premiums, now driving the spate of price increases.
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Zvamaida Murwira Senior Reporter— ZIMBABWEANS went about their daily chores yesterday with shops, banks, transport operators and other service providers opening for business as usual with no reports of violence. The Zimbabwe Defence Forces announced early yesterday morning that they had taken action to pacify the degenerating political, social and economic situation in the country […]
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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.
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Business Reporter THE Confederation of Zimbabwe Industries has proposed local content regulations on products or operations of foreign firms in 13 sectors including mining, agriculture, manufacturing, energy and tourism.
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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.
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Conrad Mwanawashe and Michael Tome MORE than 20 business delegates from European and Asian countries are expected in the country in the next two months to seek investment opportunities and to establish networks with local businesses.
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