Zimbabwe manufacturing exports increased by 26% in 2019

Text of report by state-owned Radio Zimbabwe on 15 February [Presenter] Despite a slowdown in industry capacity utilisation, Zimbabwe's manufacturing sector has increased its interests on external markets as companies seek to raise money to import machinery and raw materials to improve local production. [Reporter] A 2019 report on the state of manufacturing in Zimbabwe compiled by the Confederation of Zimbabwe Industries (CZI) shows that, while most companies experienced production challenges last year, there was more focus on producing for external markets leading to a 26 per cent growth in exports in spite of a decline in capacity utilisation...