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…
…as Zim launches women-led manufacturing association CHINA has moved to anchor the success of Zimbabwean female industrialists, with ambassador Zhou Ding pledging targeted technical and financial cooperation to ensure women…
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…
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…
WHEN China started removing tariffs on nearly all goods from 53 African nations at the beginning of this month, Zimbabwean exporters received what appears to be a golden opportunity. But…
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and Tariff Commission (CTC) spokesperson Prosper Ziyadhuma said the sector’s decline since the 2000s has been driven by outdated machinery,…
NMBZ Holdings says strict credit management systems helped reduce non-performing loans to 3,14 percent despite growing pressure on retail borrowers, with agriculture remaining the bank’s largest lending sector. The non-performing loan (NPL) ratio is a key measure of banking sector health, reflecting the proportion of loans where borrowers have failed to meet repayment obligations over…
THE Competition and Tariff Commission (CTC) has proposed gradually raising local content thresholds for soaps and detergents, currently at 25,8 percent and 16,6 percent, as sector capacity utilisation remains between 30 percent and 60 percent. Local content refers to policies requiring a share of inputs, labour, goods, services, and domestic knowledge or technology to be…
GENERAL Beltings (GB) Holdings says Zimbabwe’s projected six percent economic growth will drive demand in key sectors but cautioned that regional competition brought by the African Continental Free Trade Area (AfCFTA) will intensify pressure on local firms. AfCFTA, which commenced trading on January 1, 2021, created a market of about 1,2 billion people and established…
MANY Zimbabweans are still turning to counterfeit goods, often because they feel they have little choice, according to a new survey. This comes as authorities continue to struggle to curb smuggling, with police warning that the spread of counterfeit goods has become a security threat. Research by Buy Zimbabwe, working with Topline Research Solutions, shows…
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