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Zim exports uncompetitive: ZimTrade

NewsDay Staff ·

Zim exports uncompetitive: ZimTrade

ZIMBABWE has a competitiveness gap, with exports into the region costing 15% to 30% more than those of its competitors, according to ZimTrade, the country’s trade development and export promotion organisation.

Speaking during a panel discussion on the second day of the Regional Conference on Factoring and Receivables Finance and Credit Insurance in Southern Africa yesterday, ZimTrade export development manager Tatenda Marume said exports into the region were not competitive.

The two-day conference was organised by African Export-Import Bank (Afreximbank) and Netherlands-based factoring centre, FCI academy.

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