Search Results for: Zimbabwe
10 results out of 120 results found for 'Zimbabwe'.
ZIMBABWE LIVESTOCK DEVELOPMENT PLAN YIELDS MIXED REVIEWS
ZIMBABWE government plans to roll out a USD300 million livestock development programme aimed at resuscitating the country’s ailing meat production sector have prompted mixed reactions from industry experts. Agriculture minister Dr Joseph Made last week (June 22) announced this ‘Command Livestock’ scheme, saying it would be backed by financing from the Preferential Trade Area Bank, a development institution for southern and eastern Africa, and private financiers.…
‘TAX INSPECTORS WITHOUT BORDERS’ SEND EXPERTS TO HELP DEVELOPING COUNTRIES BOOST TAX TAKES
Demand is growing for a major international programme designed to support developing countries build up their tax audit capacity and – critically – the funding is there to meet that need. Launched as a joint initiative of the Organisation for Economic Co-operation & Development (OECD) and the United Nations Development Programme (UNDP) in July 2015 after an initial pilot phase, Tax Inspectors Without Borders (TIWB) sees tax experts work side-by-side with local officials in developing and emerging markets.…
STRONG ZIMBABWE LEAF EXPORT LEVELS BUT UNLIKELY TO SOLVE COUNTRY’S ECONOMIC CRISIS ALONE
TOBACCO has been among Zimbabwe’s foreign exchange earners for decades, and the country remains Africa’s top producer of the golden leaf, despite the disruption that its agricultural sector faced in the early 2000s.
These days, the country’s cash-strapped government is supportive and is pinning its hopes on tobacco exports to spearhead an elusive economic recovery.…
AFRICA DIASPORA UNIVERSITY CONFERENCE
KENYA’S EDUCATION MINISTER CALLS FOR LESS GOVERNMENT MEDDLING IN AFRICAN UNIVERSITY MANAGEMENT
Kenya’s education minister has called for African governments to pull away from direct management of their country’s universities, saying such meddling is unnecessary and can hinder the development of effective management.…
ZIMBABWE GOVERNMENT TRIES TO STIMULATE ACTIVITY IN TEXTILE SECTOR, BUT POOR PLANNING HAS WEAKENED IMPACT
THE ZIMBABWE government has put in place a raft of measures to resuscitate the country’s weak textile industry, but players in the sector say lack of consultation, bureaucracy and the general economic hardship threaten full recovery.
The southern African country’s textile industry is operating between 30%-35% of its full capacity, and President Robert Mugabe’s government is keen to turnaround this key industry’s fortunes.…
GREAT PROFITS MAY BE WON IN FAILED AND FRAGILE STATES – BUT THE RISKS ARE HIGH
THE ANCIENT Celts has a saying: “To the brave belong all things.” And in business, this remains true. Companies prepared to take big risks, can reap big spoils. But they can also stumble into disaster. Such calculations are always made when foreign companies consider trading or investing in so-called ‘failed states’ or those at risk of failure.…
FINANCIAL CAPACITY BUILDING ESSENTIAL IN AFRICA TO PRESERVE DECADE OF ROBUST ECONOMIC GROWTH
THE MODERATION of growth across sub-Saharan Africa last year to 1.5%, (according to the World Bank), from an average 5-7% per annum in the previous 10 years, may signal that the region needs to firm up its financial professions and institutions to help preserve its recent economic gains.…
UPGRADED VICTORIA FALLS AIRPORT OPENED
ZIMBABWE President Robert Mugabe has opened an upgraded Victoria Falls International Airport, built by development projects group China Jiangsu International, backed by a USD150 million loan from the Export-Import Bank of China. The renovated airport can now handle 1.5 million passengers annually, with a new international terminal building, 4 km runway, control tower, fire station, associated road networks, and a refurbished domestic terminal plus extended aircraft parking areas.…
JAPANESE AUTO PAINT MANUFACTURERS SETTING UP FACILITIES IN THEIR TARGET MARKETS
Japan’s automobile manufacturers are increasingly looking to set up plants in – or, at least, very close to – their target markets, and paint companies with expertise in the auto coatings sector are following their lead.
“In 2015, the overall Japanese paints and varnishes market recorded 0.3 per cent growth, with producers struggling to remain competitive because production in Japan is pricier due to environmental requirements and higher labour costs,” said Andrius Balsys, a research analyst who monitors the paints sector for London-based market researcher, Euromonitor International.…
JAPAN PAINT AND COATINGS SECTOR HAS WEAK YEAR, BUT HOME-BASED PAINT SALES OUTLOOK IS POSITIVE
Paint and varnish manufacturers in Japan experienced a disappointing 2015, with sluggish purchasing from the construction and automotive sectors translating into meagre 0.3% growth over the fiscal year. Analysts predict that growth will pick up in the short term, in part as a result of a spike in demand from the construction sector ahead of Tokyo hosting the 2020 Olympic Games – although industry players are concerned about the longer-term outlook for the sector.…