Articles tagged 'zimbabwe national chamber of commerce'

Price hikes, inflation haunt Zim again 19 October 2018 HARARE - Prices have suddenly shot up in Zimbabwe following a slowdown in annual inflation during the first half of the year, a leading financial research firm has said. The latest data from the Zimbabwe National Statistics Agency (ZimStat) shows that annual consumer price index (CPI) inflatio...
No Zim dollar return: RBZ 5 July 2018 HARARE - The Reserve Bank of Zimbabwe (RBZ) has refuted claims circulating on social media about the reintroduction of the banished local unit. Social media sites such as WhatsApp, Facebook and Twitter were awash with a document purportedly issued by RBZ announcing a comeback of the Zimbabwe d...
US dollar black market rate soars 28 June 2018 HARARE - A crazed pre-election demand for the United States dollar has pushed the black market premium to an all-time high as shortages of foreign exchange fuels a roaring currency black market now driving up food prices. Prices of basic commodities over the past few weeks have risen as busine...
Zim targets Rwanda 24 January 2018 HARARE – Zimbabwean investors are expected in Rwanda today to explore investment opportunities in various sectors, including ICT, agriculture, manufacturing, real estates finance and energy. The 35-member business delegation led by Zimbabwe National Chamber of Commerce president Devine Ndhluku...
'Zim needs economic diversification' 30 October 2017 HARARE - The Zimbabwe National Chamber of Commerce (ZNCC) says the country must diversify into other sectors of the economy in order to address the present economic crunch biting hard on the nation. “There must be a shift from today's silo-style focus on agriculture, mining or industry, to a v...
Cross-border traders worsen cash shortages 11 July 2017 HARARE - Government is tightening its grip on the bond notes by subjecting cross-borders to serious scrutiny as the money authorities bid to deal with a thriving parallel market of the surrogate currency on its borders. This comes after Reserve Bank of Zimbabwe (RBZ) official Azvinandawa Sabur...
Leaders must not overstay their welcome — Mudenda 30 June 2017 VICTORIA FALLS - Spending too much time in leadership turns people evil, National Assembly speaker Jacob Mudenda has said. Mudenda told delegates at the on-going Zimbabwe National Chamber of Commerce (ZNCC) congress here that leaders who consolidate power become very evil. Without naming an...
Ndhlukula appointed new ZNCC president 29 June 2017 VICTORIA FALLS - Securico Security Services (Securico) founder Divine Ndhlukula has been elected the new Zimbabwe National Chamber of Commerce (ZNCC) president. The feisty businesswoman, who took over from Davison Norupiri, will be deputised by hotelier Tamuka Macheka. Ndhlukula and her deput...
Zinara boss detained 14 July 2016 HARARE - The Zimbabwe National Roads Administration (Zinara) acting chief executive officer Moses Juma was yesterday arrested over a raft of corruption allegations. Juma, who is jointly charged with the president of the Zimbabwe National Chamber of Commerce and Zinara board member Davison Noru...
Govt warned over debt assumption 8 July 2016 HARARE - National Assembly speaker Jacob Mudenda has warned the government against warehousing State enterprise debt as this was burdening hard-pressed taxpayers. Mudenda said there was need for new laws to hold management at parastatals accountable for the accumulation of debts. “Governmen...
2016 will be tougher: ZNCC boss 12 January 2016 HARARE - The year 2015 proved to be a very challenging year not only for companies but for individuals as well. And in the absence of strong economic reforms and the impending drought, the situation is expected to deteriorate further this year. Our Business Editor John Kachembere (JK) speaks w...
Industry calls for tax incentives 14 October 2015 HARARE - Zimbabwe must introduce tax breaks to emerging companies as a way of boosting the country's economic growth, a leading industrial body has said. Zimbabwe National Chamber of Commerce (ZNCC) tax expert Tendai Mavhima told delegates attending a pre-budget seminar yesterday hosted by the...
Exploit opportunities, Zim women urged 24 September 2015 HARARE - Zimbabwean businesswomen must exploit opportunities and shy away from protectionism mentality, if they are to succeed, Industry and commerce deputy minister Chiratidzo Mabuwa said. Mabuwa, speaking at the Zimbabwe National Chamber of Commerce (ZNCC) “Women in Enterprise” awards confer...
ZNCC interrogates new import duty impact 5 November 2014 HARARE - Business and industry –— through the Zimbabwe National Chamber of Commerce (ZNCC) — have launched a survey to ascertain the impact of the recently imposed import duty regime. ZNCC will get technical assistance from the International Trade Centre in conducting the study, funded by the ...
'Govt capacity to turnaround economy limited' 6 November 2013 HARARE - Zimbabwe has limited capacity to stop economic bleeding and mitigate liquidity constraints due to its inability to ease the markets quantitatively by controlling money supply, according to the Zimbabwe National Chamber of Commerce (ZNCC). Prior to the introduction of a multi-currency ...
'Give resettled farmers title deeds' 31 October 2013 HARARE - Captains of industry have called on government to issue title deeds to farmers resettled during the land reform programme. Presenting oral evidence before the parliamentary portfolio committee on Industry and Commerce, Brains Muchemwa, Zimbabwe National Chamber of Commerce (ZNCC) macr...
Depressed investor confidence dogs Zim 30 October 2013 HARARE - Lack of investor confidence in doing business in Zimbabwe remains a major stumbling block in efforts to revive the country's broken economy, the Zimbabwe National Chamber of Commerce (ZNCC) has said. The country is battling to resuscitate its economy — still suffering a hangover from ...
'Capacitate local industry' 26 October 2012 HARARE - Local industry players say the economy requires extensive capital inflows to underpin nationwide recapitalisation and position the economy on a sustainable recovery platform. Zimbabwe s manufacturing sector, which requires an estimated $2 billion to operate at full capacity, is being ham...