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By Alois Vinga ZIMBABWE’S industrial capacity utilisation registered an 11 % increase in 2020 on the back of exchange rate stability among other positives, Confederation of Zimbabwe Industries (CZI) reported Thursday. Presenting the 2020 CZI State of Manufacturing Sector Survey virtually, the organisation’s chief economist, Tafadzwa Bandama said capacity utilisation increased to 47 % in 2020, up from 36.4 % recorded in the previous year. “While the year 2020 began on a very negative note characterised by volatile inflation, the inception of the Reserve Bank of Zimbabwe (RBZ) foreign exchange auction in the year’s second half assisted in the discovery of a market-based exchange rate,” she said.

Tafadzwa bandamaAlois vingaManufacturing sectorConfederation of zimbabwe industriesSpread thisZimbabwe industriesManufacturing sector surveyReserve bankஉற்பத்தி துறைகூட்டமைப்பு ஆஃப் ஸிஂபாப்வே தொழில்கள்பரவுதல் இதுஸிஂபாப்வே தொழில்கள்உற்பத்தி துறை கணக்கெடுப்புஇருப்பு வங்கி