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Cheap imports hurting United Refineries

UNITED Refineries Limited has an overpacked warehouse of finished goods – packed in boxes – but no market in which to sell its products because consumers prefer imports to local stuff. United Refineries Limited manufactures cooking oil under the brands -Roil and Sunshine, washing soap ...

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Get your act right if you want to resume beef exports, EU envoy tells Govt

GOVERNMENT should start fulfilling the set conditions prescribed to it by the European Union, if it has to resume beef exports to that market, said a top EU envoy. Zimbabwe, through the Cold Storage Company (CSC) used to supply the EU market with tonnes of ...

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EU to launch €3million trade and development programme

THE European Union in conjunction with the Ministry of Industry, Trade and Commerce will tomorrow launch a €3million (three million Euros) programme called the Trade and Private Sector Development programme to uplift the production and commercial value of private and small to medium enterprises. Through ...

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Datlabs needs $5 million to recapitalise

ZIMBABWE imports medicinal products such as drips yet it could manufacture them locally but due to lack of capital, manufacturing plants are lying idle. Pharmaceuticals and Personal Care Products Manufacturer, Datlabs Chief Executive Officer, Todd Moyo, told an industrialist and diplomat tour delegation led by ...

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Industrialists, Diplomats tour Byo Industries

INDUSTRIALISTS and diplomats from the SADC region yesterday toured Bulawayo industries with a view of creating potential investment and understanding how these companies are operating in the midst of deindustrialisation worsened by low economic activity in the city. The team also comprised of Deputy Minister ...

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ZNCC to host Trade and Investment Conference

The Zimbabwe National Chamber of Commerce (ZNCC) will host a Trade and Investment opportunities in Africa and the rest of the world conference to lure and promote investment from the region and abroad through equity and partnerships in local firms as a form of recapitalization. ...

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Zim to use Chinese Yuan

Zimbabwe has expanded the official multi-currencies basket to include Chinese Yuan, Australian dollar, Indian Rupee and the Japanese Yen. Co-acting Reserve Bank of Zimbabwe Governor Charity Dhliwayo announced this during her 2014 monetary policy statement in Harare today. She said banks will simplify account opening ...

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BCC offers incentinves to struggling local companies

AS part of efforts to spur industrial and commercial activity in the city, Bulawayo City Council (BCC) will with immediate effect offer incentives to companies that have supported the City of Bulawayo. Bulawayo Mayor Councillor Martin Moyo said the local authority will reverse all penalties ...

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Mining sector poised for growth in 2014

ZIMBABWE’S mining sector is poised for more production in 2014, with the emergence of new mines and  increase in labour, a cabinet minister said. This follows steady rise in the mining sector, which has been the mainstay of the country’s economic recovery and growth with ...

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BAT receives top regional award

THE British American Tobacco (BAT) has been certified as a Top Employer Africa 2014 for the second time in as many years. BAT is a British multinational tobacco company headquartered in London, United Kingdom and operates in the country as well. The company operates two ...

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