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CZI’s COVID-19 Impact Survey Results

Confederation Of Zimbabwe Industries have done a snap survey of the COVID-19 impact on industries and here are some of the results.

  • 88% of companies surveyed failing to source raw materials & access export markets
  • 16% of firms sent employees on unpaid leave
  • Production & trading volumes down 36%
  • Cost of safety measures averaging 14% of annual expenditure
  • 46 percent of local firms have already suffered disruptions in supply chains.

This comes amidst a report by The Herald that the industry is feeling the COVID-19 pinch mainly because Zimbabwe’s yearly import bill averages around US$6 billion and any disruption in supplies will affect the economy.

Source: Twitter 

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