Articles tagged 'confederation of zimbabwe retailers'

'Prices will not go up' 21 January 2019 HARARE - Retailers have promised that prices will not be going up as long as government expedites the rebate system which provides tax relief to registered businesses. This comes after people besieged retail shops engaging in panic buying after retailers opened their doors to the public follow...
'Reduce prices or face the music' 26 November 2018 HARARE - Confederation of Zimbabwe Retailers (CZR) president  Denford Mutashu has urged businesses and retailers to take heed of President Emmerson Mnangagwa's call to reduce prices. On Saturday, Mnangagwa told Zanu PF supporters at a “Thank you” rally in Murombedzi that danger is drawing clos...
Goods suppliers demand forex 20 November 2018 HARARE - The Confederation of Zimbabwe Retailers (CZR) has said most suppliers have changed their trading terms demanding foreign currency up-front. CZR president Denford Mutashu said they have been to Midlands and Matabeleland where retail players were reportedly “very bitter” over the decisi...
Festive season shaping up well 19 November 2018 HARARE - In a development that bodes well for the festive season, retailers say they are now operating at near full capacity after a turbulent few weeks which saw panicking Zimbabweans besieging supermarkets for basic consumer goods. The panic buying had been triggered by the government's intr...
Retailers call for currency reforms 21 April 2018 HARARE - The Confederation of Zimbabwe Retailers (CZR) has blamed price distortions on the existence of several de facto currencies in Zimbabwe. According to the CZR, which held its fourth annual Retailers and Wholesalers Indaba in Harare on Thursday, the de facto currencies being used in the ...
Chiwenga tasked to deal with price hikes 11 January 2018 HARARE - The ruling Zanu PF party has set up an ad-hoc committee led by Vice President General Constantino Chiwenga (retired) to deal with the thorny issue of skyrocketing prices. The party's spokesperson Simon Khaya Moyo said the committee, whose other members were not revealed to the media, ...
ED calls for crisis meeting over prices 29 December 2017 HARARE - President Emmerson Mnangagwa has called for a crisis meeting with business leaders to try and find a solution to high prices placed on basic commodities which have triggered an outcry from long-suffering consumers. Mnangagwa, who is largely viewed as pro-business in his approach has, ...
Zim business confidence down 20 December 2017 HARARE - Business confidence in Zimbabwe was at an all-time low in the third quarter as a result of political uncertainty, poor economic performance, policy confusion and a general lack of leadership, a Confederation of Zimbabwe Industries latest survey shows. The composite business confidence...
Profiteering culture must stop, now 19 December 2017 HARARE - Hard-pressed Zimbabweans have once again been hit by a wave of massive price increases. According to a snap survey by this paper, prices of basic commodities — rice, chicken and beef, among many other needs — have gone haywire, rising by between two and 125 percent within a month. ...
Zim retailers struggle to remain profitable 29 January 2017 HARARE - Local retailers are struggling to remain profitable in the wake of acute cash shortages, an increasingly menacing informal sector and deteriorating economic conditions, the Confederation of Zimbabwe Retailers (CZR) said. CZR president Denford Mutashu told the businessdaily that with c...