Automotive industry operating at 5pct capacity

Industry Minister Mangaliso Ndlovu

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.Advertisements 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

Related posts

Zim banks urged to slash charges

AirZim records 5k passengers on Harare–Mutare route

Govt pushes policy to unlock solar investment

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