Almot Maqolo, Staff Writer

Africa’s roads hold back trade

AS AFRICAN econ­omies expand and trade volumes in­crease, governments are under growing pressure to modernise ageing transport systems that have struggled to keep pace with demand. For landlocked countries in particular, efficient rail networks are seen as critical to lowering transport costs, easing pressure on roads and connecting mines, farms and industries to regional poTransport…

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CBZ bids to de-dollarise Zimbabwe-China trade

Staff writer in Beijing AS ZIMBABWE search­es for new engines of growth, an opportunity is emerging thousands of kilometres away in China’s bustling online marketplaces, where millions of consumers buy everything from fresh produce to luxury goods with the click of a button. For Zimbabwean businesses, the question is no longer wheth­er China offers opportunities,…

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Shipping corridor brings China closer to Zimbawe

A NEW direct shipping route between northern China and South Africa is being hailed as a major boost for trade between Asia and Africa, promising faster deliveries, lower logistics costs and stronger economic links across the continent. For Zimbabwe, a landlocked country heavily dependent on regional ports for international commerce, economists and business leaders say…

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Industrialisation the linchpin to Zim’s China market gains

ZIMBABWE’S prospects in the Chinese market are improving under a new zero-tariff regime, but attention is now shifting from access to execution, with officials warning that capacity, infrastructure and standards will determine the outcome. China’s longstanding zero-tariff policy for African nations is poised to strengthen economic collaboration, increase trade and support shared development. This move…

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‘SME trade safeguards underutilised’

ZIMBABWE’s small and medium enterprises (SMEs) are failing to utilise trade remedy safeguards against unfair imports due to low awareness and participation, the Competition and Tariff Commission (CTC) has said. Zimbabwe’s long-marginal­ised SME sector is beginning to receive infrastructural attention that reflects its importance to the economy. SMEs account for up to 60 percent of…

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Textiles sector’s capacity utilisation falls below 30 pct

ZIMBABWE’S textile and clothing industry, once a major employer, has seen capacity utilisation fall below 30 percent in some segments, as the competition watchdog proposes phased local content increases to revive the value chain. Competition and Tariff Commission (CTC) spokesper­son Prosper Ziyadhuma said the sector’s decline since the 2000s has been driven by outdated machinery,…

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