ZimTrade Exhibited at ZITF 2017
ZimTrade Exhibited at ZITF 2017 ZimTrade successfully participated at the just ended Zimbabwe International Trade Fair (ZITF) 2017 from 25 to 29 April 2017 under the theme “Building Linkages for Export Growth”. The President of the Republic of Zimbabwe Cde Robert Gabriel Mugabe and Guest of Honour the Namibian President Dr Hage Geingob were taken round […]
ZimTrade CEO in ITC advisory board
The ZimTrade chief executive officer Ms. Sithembile Pilime has been appointed to the newly established International Trade Centre (ITC) Trade and Investment Support Institutions Advisory Board which will see local companies benefitting from initiatives by the organisation on the international market. Her appointment shows the confidence that the organisation has in the local economy. In an […]
Zimbabwean Products Shine at Agritech Expo, Zambia
Zimbabwean products, which were exhibited at the Agritech Expo recently held in Chisamba, Zambia, were commended for their quality as well as their fitness for purpose for the farming community. During his tour of the Zimbabwean Pavilion, the Zambian President, Mr. Edgar Lungu, applauded Zimbabwe for supporting regional trade through participating in shows such as […]
Zimbabwe can earn forex from exporting services
Trade in services is becoming more important and Zimbabwe can capitalise on this. The global development trajectory is now moving towards striking a balance between diversification, innovation and less reliance on imports, with trade in service becoming common practice. As such, Zimbabwe stands to capitalise on an opportunity to boost foreign currency revenues through export […]
Stronger linkages crucial in growing exports of arts and crafts
Zimbabwe has a rich cultural heritage, which is known around the world for its unique arts and crafts products. For a long time, stone sculptures have defined the Zimbabwe’s offerings to the world, with artists like Dominic Benhura and Agnes Nyanhongo positioning themselves uniquely in international markets through provision of products that are of high […]
Regional markets can provide soft landing for exporters
Regional Markets can provide a soft landing for exporters. As the coronavirus global pandemic affects more people across the world, restricting movement of persons – and cargo in some extreme cases – has been the most viable option for many countries. However, these measures make it difficult for local exporters, particularly small businesses to continue […]
Positioning leather sector for growth
A robust leather sector is crucial in boosting the generation of much-needed foreign currency, as well as creating employment opportunities in Zimbabwe. A vibrant leather sector has direct positive spin-offs for Zimbabwe’s industrialisation drive, as well as efforts to improve the country’s Gross Domestic Product (GDP) growth, balance of trade, fiscal and foreign currency revenues […]
Need for collective efforts to shore exports
Zimbabwe’s trade performance in the first quarter showed a significant decline in the country’s trade deficit. According to Zimstat, the trade deficit narrowed by 71 percent from US$805 million recorded between February and April 2018 to US$231 million in the same period in 2019. The total import bill stood at US$1,2 billion, a 35 percent […]
Forging trade with COMESA for growth, profitability
Trade agreements between Zimbabwe and countries in the region provide opportunities to accelerate economic development through smooth movement of goods and services. Some of the challenges that hinder the development of Zimbabwe’s export capacity include restrictive customs requirements and “closed borders” of countries that have potential markets. For example, duty and import-related taxes sometimes constitute […]
Africa’s free trade area to boost Zim exports
The commencement of trading under the Africa-wide free trade area in January 2021 is a significant progress that will improve Zimbabwe’s exports into the rest of the continent. Undoubtedly, the easing of trade restriction in Africa – which will make it easy for local companies to export – will contribute to the achievement of Vision […]