Manufactured exports stagnate

The government is targeting US$1 bil­lion in annual manufacturing exports by 2030. Achieving this target will require plant retooling and increased regional trade under the African Continental Free Trade Area, although structural costs and shortages of raw materials remain key challenges.

ZIMBABWE’S manufactured exports have remained below 10 percent of total exports despite the country’s participation in bilateral, regional and multilateral trade arrangements, the Confederation of Zim­babwe Industries (CZI) has said. The government is targeting US$1 bil­lion in annual manufacturing exports by 2030. Achieving this target will require plant retooling and increased regional trade under the…

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