Subscribe Today
Saturday, December 6, 2025
Top Posts
Zim banks urged to slash charges
AirZim records 5k passengers on Harare–Mutare route
Govt pushes policy to unlock solar investment
Brick by brick, trust erodes
Delta quells share price concerns
‘Tourism to see more growth’
Zim 2026 Central Budget panned
MSMEs’ resilience hailed
Inflation ravages 2025 budget
Housing product bolsters Fidelity income
Subscribe Today
©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Home » Automotive industry operating at 5pct capacity
National Report

Automotive industry operating at 5pct capacity

written by Adelaide Moyo, Group Managing Editor 0 comments
Industry Minister Mangaliso Ndlovu
0 FacebookTwitterLinkedinWhatsappTelegramEmail

THE Ministry of Industry says the automotive industry is operating at below five percent capacity utilisation levels, weighed by heightened competition from imported used vehicles. Industry Minister Mangaliso Ndlovu said approximately US$664 million has been spent in 2023 on the importation of motor vehicles in Zimbabwe. “…the automotive industry…has faced several challenges which have resulted…

Subscribe to read full article. Subscribe today
0 FacebookTwitterLinkedinWhatsappTelegramEmail

Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

Related Posts

Zim banks urged to slash charges

AirZim records 5k passengers on Harare–Mutare route

Govt pushes policy to unlock solar investment

‘Tourism to see more growth’

MSMEs’ resilience hailed

Inflation ravages 2025 budget

Advertisements
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
©2024 The Financial Gazette. All Right Reserved. Designed and Developed by Innovura

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Close