Zim manufacturing sector lagging: CZI chief economist

THE Confederation of Zimbabwe Industries (CZI) chief economist Cornelius Dube says manufacturing is the only sector that is lagging, creating a gap between the industry and policy development.

This comes as the manufacturing sector is facing a plethora of challenges including foreign currency shortages, power cuts, low water availability and declining access to local capital.

According to Treasury, the manufacturing sector will be subdued at a 2,5% growth rate this year, from 2,6% last year.

This story is for NewsDay subscribers.