Industry & Commerce MANUFACTURING

Retooling and modernising technologies

In progress
Mar 2019

U.S.$50 Million AfDB Loans for Private Sector

https://allafrica.com March 22, 2019

AfDB says it will inject US$50 million in loans into Zimbabwe's private sector this year. This comes after the finance house extended US$25 million last year to support local industries to retool and expand operations.

Sep 2018

Govt drafts incentives, finance package for firms

www.chronicle.co.zw September 28, 2018

Government is drafting an incentive package backed by a finance model to steer manufacturing industry growth rate of up to five percent per annum in the next 10 years, Industry and Commerce Minister, Nqobizitha Mangaliso Ndlovu, said yesterday. The transformation drive will be anchored on adoption of modern technology in which research and innovation will play a key role in production of competitive products for the international market.