Articles tagged 'mike bimha'

$12 million steel plant commissioned 1 June 2018 HARARE - Industry and Commerce minister Mike Bimha on Monday commissioned a $12 million steel reinforcement bars plant expected to create employment for 450 people. Steel Brands in New Ardbennie Industrial Area produces high quality certified reinforcement steel bars which are currently being ...
Govt to probe basic goods pricing 20 April 2018 HARARE - Government is moving to operationalise the National Competitiveness Commission (NCC) that will probe the cost structures and pricing of basic commodities, Industry, Commerce and Enterprise Development minister Mike Bimha has said. He said the move is part of a strategy to identify cos...
Zim implements trade facility 10 April 2018 HARARE - Government has started implementing the Southern African Development Community (Sadc) trade related facility (TRF) project to boost exports and improve the safety and quality of imports. The specific objective of the project is to promote the use of quality and sanitary and phytosanit...
Chinese billionaire back in Zim for Zisco deal 22 March 2018 HARARE - Chinese billionaire investor Zhang Li - worth $3,9 billion according to Forbes - is back in Zimbabwe to pursue the deal to acquire government-run iron processor, Ziscosteel (Zisco). Zhang Li co-chairs real estate developer Guangzhou R&F — which has massive properties in 28 cities, mos...
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, ...
Meat price hike meeting adjourned 20 December 2017 HARARE - Zimbabwe's meat producers yesterday met briefly with Industry, Commerce and Enterprise Development minister Mike Bimha to discuss the sharp spike in meat prices. The meeting was abandoned mid-way as Bimha excused himself to attend Cabinet. According to officials at the ministry, no...
Naqa opening business opportunities for organisations 14 December 2017 HARARE – Industry minister Mike Bimha has said the application of standards leads to the production of internationally-accepted goods and services as well as remove barriers to trade. Addressing guests at the 2017 National Annual Quality Awards (Naqa) hosted by the Standards Association of Zim...
Ministers blames social media for panic buying 14 October 2017 HARARE - A ministerial taskforce set up to investigate the root cause of recent price hikes and panic buying is set to wind up its probe next week, with preliminary results revealing that government blames social media. Industry and Commerce minister Mike Bimha, who is chairing the committee, ...
We are watching you 13 October 2017 HARARE - Yesterday, a local weekly reported that the much-hyped billion-dollar Zisco Steel (Zisco) deal was yet to be signed. The man at the forefront of crafting and announcing the deal, Industry and Commerce minister Mike Bimha, said “nothing solid has been signed to date”, though, he though...
'Threats against social media unlawful' 2 October 2017 HARARE - Misa-Zimbabwe is disquieted by the string of threats that have recently been issued against the use of social media by citizens. This follows a series of threats by ministers Patrick Chinamasa, Mike Bimha and Chris Mushowe to tighten control over use of social media amid claims that t...
Govt failing to deliver on promises, commitments 5 September 2017 HARARE - Last week, President Robert Mugabe’s government announced yet another mega deal in the making. This time around, it’s billionaire Chinese investor, Zhang Li — co-founder and chairman of R&F — whom they are touting as the new survivor of collapsed iron and steel manufacturer Ziscosteel...
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. ...
'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...
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 completes CAPS takeover 10 April 2017 HARARE - Industry minister Mike Bimha says government has completed the takeover of the country’s largest pharmaceutical manufacturer, CAPS Holdings (CAPS), which collapsed five years ago, in a bid to revive its operations. At its peak, CAPS accounted for 75 percent of the local healthcare pro...
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 ...
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's CAPS takeover stalls 22 December 2016 HARARE - The government’s plans to take over the country’s largest pharmaceutical group, CAPS Holdings (CAPS), has hit a snag. Industry minister, Mike Bimha, yesterday told a news conference in the capital that while he was hopeful the discussions would be concluded soon and amicably, the busi...
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...
Govt vets Zisco potential investors 7 November 2016 HARARE - Government, through the Industry ministry, is in the process of vetting six investors who have expressed interest in Kwekwe-based steel manufacturer Zimbabwe Iron and Steel Company (Ziscosteel), an official in the Industry ministry said. Industry ministry deputy minister Chiratidzo Ma...
Some firms better off dead: Bimha 27 September 2016 HARARE - Industry minister Mike Bimha said some companies that closed down at the height of the country's economic meltdown might not be resuscitated. “You can't resuscitate a company that is dead,” Bimha told chartered secretaries at their annual conference in Nyanga over the weekend. “Som...
Grain millers petition Bimha 31 August 2016 HARARE - The Grain Millers Association of Zimbabwe (GMAZ) has petitioned Industry minister Mike Bimha to include wheat flour on the imports ban list. GMAZ chairperson Tafadzwa Musarara yesterday said the latest request was necessitated by the fact that national bread consumption has sharply fa...
How Zim traders dodge imports ban 27 August 2016 JOHANNESBURG - On June 17‚ Zimbabwe’s authorities imposed restrictions on imports of foreign dental fillings‚ kitchen sinks‚ baby formulae‚ pencils and much more. Cross-border vendors‚ dependent on this trade to survive‚ have become desperate. Long distance buses with empty trailers can now...