Industry needs US$2,5 billion

Acting Auditor-General (AG) Rhea Kujinga said the initial 2024 voted funds for the 32 appropriation accounts were ZiG41 122 109 960. Unallocated reserve transfers amounting to ZiG14 547 940 934 were subsequently made to almost all MDAs.

AT least US$2,5 billion is required to increase industrial capacity utilisation to 75 percent by December 2025, a new survey shows. According to the latest annual State of the Industry and Commerce Survey report, average industrial capacity utilisation in 2024 decreased to 56,2 percent compared to 58,5 percent in the comparable year.The Zimbabwe National Chamber…

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