Industry buckles under pressure
…. as production costs soar …. plants sit idle, and regional competitors circle ….AfCFTA dream hangs in the balance
LIVINGSTONE MARUFU AND CLOUDINE MATOLA Zimbabwe’s once-resilient manufacturing sector is teetering on the brink of collapse, battered by soaring production costs, outdated machinery, tight monetary policies and regulatory burdens that have stifled growth and rendered local goods uncompetitive. As capacity utilisation falls for the second year running and exports stagnate at just 5%, concerns are…
