Pharmaceuticals are well catered for with a wide range of local and international brands being manufactured and marketed locally and within the region. However, an opportunity exists for the development of medical products from locally grown, natural raw materials including the controlled growth of prescribed drugs for the industry.
The chemical industry of Zimbabwe offers a varied range of products including fertilizers, pesticides, paints and varnishes, pharmaceuticals, soaps and cleansing products, perfumes and cosmetics. There is potential for this industry to improve into the more technical applications of manufacturing. Goods such as the production of core extruded products, laminations or woven products, polyvinyl chloride and polyethylene barrier films, housing application, car parts and furniture.
The local market for fertilizers and pesticides offers opportunity for further development to provide additional manufacturing capacity for local demand and export within the region. There is potential for investors to increase production of ethanol and opportunity to the investor for increased production for new export markets, the introduction of new technology and license to produce new products.
The clothing sector in Zimbabwe comprises of registered companies who are members of the Zimbabwe Clothing Council. Zimbabweans own the majority of the companies and there has been an influx of indigenous clothing manufacturers over the past few years. However, only a small number less than 10% manufacture for export despite the growing regional market and inroads in past years into new markets mainly in Europe. The Zimbabwe clothing worker is highly skilled and able to produce clothing to world standard requirements and importantly at competitive prices. Other areas for investment would be direct investment of management and technical skills or the establishment of joint venture manufacturing and marketing operations.
The textile industry has gone through a down period and requires investment in new technology which will enable it to compete with imports into the Southern African region from the Far East. There are opportunities for investment on a joint venture basis into textile design which will enable the industry to attract customers from a wider market base. Within the industry there is under-utilized capacity, which could be developed with external partners into more, specialised manufacture through an improved marketing strategy.