Articles tagged 'imports'

Fuel crisis surfaces 16 May 2018 HARARE - Several service stations in the capital and elsewhere have run out of fuel, amid conflicting explanations from the authorities and industry players as to the source of the shortages. [Adz]
Tackle root cause, not symptoms 14 November 2017 HARARE - Zimbabwe's celebrated music superstar, Oliver Mtukudzi, has a popular song titled Handiro Dambudziko, which has lyrics that go — Kushingirira kurapa mhopo pamusana...mhopo iripamusana iwe uneziso rinembonje. Translated to English, this means putting much effort in curing the symptom b...
Resurfacing fuel queues a cause for concern 12 September 2017 EDITOR — It's sad that of late fuel queues have resurfaced in most parts of Harare and other urban areas. This is a serious cause for concern. It is unfortunate that when we start seeing long queues at service stations we are reminded of the shortage of basic commodities as was the case in ...
Zimra surpasses revenue collection target 6 September 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) surpassed its August revenue target of $267,6 million after collections for the month amounted to $307,9 million due to a surge in company tax, data from the agency shows. In its report for the month under review, Zimra said gross collections for...
Zim imports rise 4pc 9 August 2017 HARARE - Zimbabwe's imports rose by 4 percent from  $2,07 billion recorded during the first five months of 2016 to US$2,14 billion during the same period in 2017. The main imports are motor vehicles and machinery, fuel and foodstuffs, with South Africa and China as the main import partners. ...
Should Zim be run by statutory instruments? 19 July 2017 HARARE - This week, the Environmental Management Agency gave manufacturers and users of polystyrene material up to three months to comply with Statutory Instrument (SI) 84 of 2012, which prohibits the use of kaylites. SI 84 had caused a major uproar countrywide, with manufacturers of kaylites ...
'SI64 saved local industry' 7 July 2017 VICTORIA FALLS - Zimbabwe's manufacturing industry was saved from total collapse by the imports ban policy implemented by the government exactly a year ago, a new study has shown. The country, through Industry minister Mike Bimha introduced Statutory Instrument 64 of 2016 (SI64) to help resusc...
Zim a broken society: Moyo 1 July 2017 HARARE - Former Confederation of Zimbabwe Industries (CZI) president Busisa Moyo has said Zimbabwe is now a broken society due to lack of unity and dialogue. He accused authorities of introducing policies without consulting stakeholders and the people. “Zimbabwe is not broke but broken, we ...
Govt's policy confusion continues 23 May 2017 HARARE - The fatal policy inconsistencies of President Robert Mugabe's ever-blundering government — which have left the Zimbabwean economy on its knees — have once again been cruelly exposed. This comes after Industry and Commerce minister Mika Bimha said yesterday that the ban on the importat...
Govt slammed over imports ban flip-flop 22 May 2017 HARARE - Scrapping of government's imports ban policy — Statutory Instrument (SI) 64 — is long overdue, as the measure was “ill-advised and never the solution” for Zimbabwe's deepening economic crisis, economists and industry players said. This comes amid flip-flop in government's position on ...
Govt imports ban fuels smuggling: Bimha 16 March 2017 HARARE - Zimbabwe's ever-bumbling government is struggling to contain the rampant smuggling of imported basic consumer goods that it ill-advisedly banned last year, in a desperate bid to lower the country's imports bill, shore up the State's empty coffers and protect local manufacturers. In a ...
Zim faces salt shortages 14 March 2017 HARARE - Zimbabwe is facing serious salt shortages after one of the country's largest suppliers, Botswana Ash (Botash), said its operations are being affected by a debilitating cash crisis. Botash general manager corporate services Victoria Lekoma said her company's trade deals have been sever...
Ethanol blending slashed to 5pc 8 March 2017 HARARE - Government has reduced mandatory petrol blending from 15 percent to five percent due to ethanol shortages. Authorities imposed mandatory blending, which was increased to 15 percent from 10 percent in 2015, in a move targeted at reducing the country's fuel import bill — around $45 mill...
Mugabe slammed for snacking on banned imports 28 February 2017 HARARE - President Robert Mugabe has come under fire for snacking on imported products that his government banned, with the opposition saying the move exposes the nonagenarian's high level of hypocrisy. They said what further exposes his pretence is his penchant for using foreign hospitals and...
Zimra mum on Grace's donations 24 February 2017 HARARE - The Zimbabwe Revenue Authority (Zimra) has declined to respond to claims by First Lady Grace Mugabe that donations at her rallies were items impounded at border points. Instead, the tax collector said the seized goods are stored in warehouses before being auctioned off or given out at...
CMED boss grilled over fuel scam 21 February 2017 HARARE - State-owned Central Mechanical Equipment Department (CMED) has suspended the importation of duty-free fuel for selected private companies following an exposé of irregularities in the facilitation of import certificates. This comes as the Transport ministry had given CMED the right to ...
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...
Trade deficit declines 23 January 2017 HARARE - Zimbabwe's trade deficit with the rest of the world declined to $2,3 billion last year compared to $3 billion in 2015, latest data show. Figures released by the national statistics agency, Zimstat, on Friday showed that the country imported goods valued at $5,2 billion in 2016 compare...
Govt waives raw wine import duty 14 January 2017 HARARE - Zimbabwe is to suspend customs duty on imports of raw wine until December 31, 2017, the government has announced. The excise duty exemption for manufacturers came into force on January 1, 2017, according to the latest Government Gazette. According to the schedule, only wine of an a...
Millers, bakers clash over bread price 13 January 2017 HARARE - A war of words has erupted between grain millers and bakeries over bread prices. Grain Millers Association of Zimbabwe (GMAZ) chairman Tafadzwa Musarara yesterday said it was not appropriate for bakeries to continue importing wheat at a time the country is struggling to secure foreign...
Imports ban review on cards 10 January 2017 HARARE - Industry minister Mike Bimha says government is in the process of reviewing items on Zimbabwe's import restrictions list with the view of adding or removing some, as the country moves to monitor import influx. Bimha, who last year imposed restrictions for locally available imports und...
Govt to vet car imports 22 December 2016 HARARE - Government plans to introduce conformity tests for ex-Japan (ex-Japs) car imports, a move that will see all vehicles that fail the exercise being barred from entering the country, the Daily News has learnt. Industry minister, Mike Bimha, yesterday told the media in Harare that Zimbabw...
Zim tade deficit narrows by record $818m 20 December 2016 HARARE - Zimbabwe's trade deficit has narrowed by a record $818 million in the 11 months to November 2016, the largest contraction since the introduction of a multiple currency system seven years ago. Figures released yesterday by the national statistics agency revealed that the country export...
Fuel shortages due to payment challenges: Govt 16 December 2016 HARARE - The on-going fuel shortages that have rocked the country are due to payment challenges, Energy ministry permanent secretary Partson Mbiriri said. This comes as most service stations have been frequently running out of the commodity — particularly petrol — with some rejecting debit car...
Zim pushes for adoption of Diesel 50 15 December 2016 HARARE - Zimbabwe has intensified its fuel cleaning campaign, with the country set to migrate to the usage of Diesel 50 by June next year, Energy ministry permanent secretary, Partson Mbiriri said. Diesel 50 is a low sulphur diesel that contains 50 parts per million (ppm) sulphur, which is low...