US$2,5m AfDB loan shot in the arm for struggling IPPs

Kariba has been affected by declining water levels due to prolonged droughts and climate change.
By Tatira Zwinoira Dec. 15, 2023

Blackouts: Another rough ride on the way

Unless serious work begins to address the power crisis, even ambitious targets set under Vision 2030 are in grave danger.
By Theindependent1 Dec. 15, 2023

‘Local production processes are energy inefficient’

In its November 2023 newsletter, the Zimbabwe National Chamber of Commerce (ZNCC) revealed that Cedic and the ZERA undertook industry studies on energy efficiency.
By Tatira Zwinoira Dec. 13, 2023

Businesses demand dedicated load-shedding schedules

Some companies were not relying on generators because the cost of using them eats into the revenue, Kamungeremu said.
By Tafadzwa Mhlanga Dec. 11, 2023

Zim’s informal sector valued at US$42 billion

Within the same sector, the central bank has estimated that about US$2,5 billion is circulating in that industry owing to the fact that most businesses are on a cash basis.
By Tafadzwa Mhlanga Dec. 10, 2023

State firing up waves of price hikes in Zim... industries expose multiple dipping in controversial ‘tax on tax’

The 12 page paper, which spells out ZNCC’s views on the upcoming 2024 National Budget, gives fresh insights into the damaging effects of IMTT.
By Shame Makoshori Nov. 3, 2023

‘Industry prepared to weather high power tariffs to blackouts’

In a way, Zimbabwe is paying the prize of authorities’ procrastination to tackle a power crisis that they knew back in 2003 would tear through southern Africa by 2007.
By Shame Makoshori Oct. 20, 2023
Premium

Industries reject Zimdollar ‘return’

Upheavals on the currency front have given impetus to industries’ view that exclusive trade in the Zimbabwe dollar must not begin as planned in 2025.
By Shame Makoshori Sep. 22, 2023

ZNCC calls for review of Customs and Excise Act

Chris Mugaga told NewsDay Business on the sidelines of the organisation’s annual congress being held in Victoria Falls
By Freeman Makopa Jun. 30, 2023