Industry raises alarm over rising costs

The sustained increase in diesel consumption could point to greater utilisation of trucks, machinery and equipment in sectors such as min­ing, agriculture, construction and manufacturing.

ESCALATING production costs are squeezing local firms, even as the country maintains single-digit inflation, the Confederation of Zimbabwe Industries (CZI) has warned. The trend, driven primarily by rising prices for fuel, fertiliser, and other essential inputs, has significantly inflated production and logistics costs. In an update, the industry body said the operating environment during the…

Subscribe to read full article. Subscribe today

Related posts

Capital crunch stifling growth

Matabeleland South inflation highest in Zimbabwe

Interest rates ‘still too high

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