Confederation of Zimbabwe Industries (CZI)

Tsvangirai Warns, Zanu-PF Will Eventually Abuse Civil Servants By Paying Them In Bond Notes

Posted on June 6, 2016 by newzimbabwevision

Opposition MDC leader Morgan Tsvangirai has accused President Robert Mugabe’s administration of seeking to pay off its local debt using bond notes. This comes as $245 million issued in treasury bills in the first quarter to finance the budget and pay domestic debt was facing hurdles. A total of $679 million is needed to pay government domestic loans this year alone. The country faces a huge debt burden. Its total external debt is estimated at…

Three Die In Head On Collision Between Two Mercedes Benz E320 Cars Near Sable Chemicals Kwekwe.

Posted on May 20, 2016 by newzimbabwevision

Kwekwe businessman and owner of Steelmakers Private Limited Mr Alex Johnson, his wife Achamma and their employee died in an accident on Wednesday when a Mercedes Benz E320 they were travelling in collided head-on with another vehicle of the same make along the Harare-Bulawayo Highway. National police spokesperson Senior Assistant Commissioner Charity Charamba confirmed the accident, which occurred at around 5:10pm at the 196km peg near Sable Chemical Industries outside Kwekwe. Snr Asst Comm Charamba…

Simon Khaya Moyo Dismisses Opposition Critiscism Of Zim Asset And Challenges Them To Produce Alternative Economic Policies.

Posted on November 4, 2015November 4, 2015 by newzimbabwevision

Zanu-PF spokesman Simon Khaya Moyo has dismissed opposition criticism of the ruling party policies challenging them to produce alternative economic policies. In an exclusive interview with Voice of America, Moyo attacked the opposition for not adding value to national development. “What are they doing themselves, are they not Zimbabweans, they should bring better polices forward.” Opposition parties have been taking turns to blast the government of President Robert Mugabe for allegedly failing…

‘Ongoing Job losses , Good For The Industry’-Industry &Commerce Minister, Mike Bimha

Posted on August 1, 2015 by newzimbabwevision

Industry and commerce minister, Mike Bimha said the ongoing wave of job losses is good for the industry. The minister said local companies had been saddled with ‘excess workforce’ before a recent Supreme Court ruling gave employers leeway to fire workers without the costs associated with retrenchment packages. President Robert Mugabe said on Wednesday that over 9,000 workers had lost their jobs since the Supreme Court’s July 17 ruling which allowed employers to dismiss workers…

Confederation of Zimbabwe Industries (CZI) calls for ban on second hand clothing imports

Posted on June 24, 2015 by newzimbabwevision

ZIMBABWE’S manufacturing firms want government to consider banning the import of second hand clothes as part of reforms to protect the local industry, Parliament heard on Tuesday. Used clothes have flooded the domestic market, compounding the woes of a local textile industry on the verge of collapse. Industry experts say Zimbabwe has a market for 80 million garments but only 20 million of those are locally manufactured. Almost 90 percent of imported new clothes are…