Brace for full economic impact of Russia-Ukraine war- CZI warns

The Confederation of Zimbabwe Industries (CZI) says the country should brace for full-impact volatilities from the Russia-Ukraine war.

This comes as the southern African country battles to tame rising inflation.

Meanwhile, CZI is Zimbabwe’s largest business membership organization with members from the Manufacturing as well as Trade, Transport, IT, Education and Professional Services, making up 26 sub-sectors of the Zimbabwean economy.

These sub sectors make up the confederate: A union of Industries.

Also within is membership are listed companies and the majority of Multi-National Companies operating in Zimbabwe.

CZI also provide regulatory compliance accompaniment to companies investing or operating in the industrial sectors.

Apparently, the CZI Manufacturing Sector Survey Report will be launched on the 21st of April.

The survey covers 10 industrial sectors including food stuffs, beverages, tobacco, clothing, footwear, furniture, paper (printing), chemicals, non-metallic minerals, transport and equipment.

Capacity utilisation is a key statistic derived from the survey as it details a company and country’s industrial performance.

Zwnews