Subscribe Today Thursday, May 22, 2025 Top Posts Automotive industry operating at 5pct capacity Zimbabwe mulls widening tax base, digitalisation to combat... CAFCA cuts off distributors for export business Dairibord exports surge 36 percent Zeco feels pinch from rising costs Zimre posts US$1,7million profit in Q1 Henry Olonga interview: Zimbabwe legend who made cricket’s... AI chatbot to be embedded in Google search Microsoft is bringing Elon Musk’s AI models to... Trump won’t participate in G-20 in South Africa,... Login/Register Subscribe Today ©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura Home » Automotive industry operating at 5pct capacity National Report Automotive industry operating at 5pct capacity written by Adelaide Moyo, Group Managing Editor May 22, 2025 0 comments Industry Minister Mangaliso Ndlovu said approximately US$664 million has been spent in 2023 on the importation of motor vehicles in Zimbabwe. Share FacebookTwitterLinkedinWhatsappTelegramEmail THE Ministry of Industry says the automotive industry is operating at below five percent capacity utilisation levels, weighed by heightened competition from imported used vehicles.Industry Minister Mangaliso Ndlovu said approximately US$664 million has been spent in 2023 on the importation of motor vehicles in Zimbabwe.“…the automotive industry…has faced several challenges which have resulted in the… Subscribe to read full article. Subscribe today Share FacebookTwitterLinkedinWhatsappTelegramEmail previous post Zimbabwe mulls widening tax base, digitalisation to combat evasion Adelaide Moyo, Group Managing Editor Related Posts Zimbabwe mulls widening tax base, digitalisation to combat evasion May 22, 2025 Carbon registry to boost trade May 15, 2025 Cash smuggling, car imports drain Zimbabwe’s economy May 15, 2025 RBZ swings to ZiG1,17 billion surplus May 15, 2025 Chamber of Mines indaba on next week May 15, 2025 EcoCash launches international money transfers from Zimbabwe to other countries May 15, 2025 The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news. CATEGORIES Top Stories Companies & Markets National Report Opinions International News Sport Technology e-Paper Fingaz SMS News ABOUT THE FINANCIAL GAZETTE About Us Contact Us Advertise With Us Privacy Policy Terms & Conditions Cookie Policy Copyright Policy Facebook Twitter Instagram Linkedin Whatsapp Newsletters Corporate Subscriptions Digital e-Paper FingazLive SMS News Place An Advert ©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura