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Methodological Approach

The CZI BCI is based on the Japanese Tankan Sentiment Index, which is used by many countries to establish similar indicators, including the Spanish BCI and the German IFO. The index takes into full account core recommendations for the harmonized system of business tendency surveys of the Organization for Economic Co-operation and Development (OECD), which encourages trade associations to adopt a standard framework.

The BCI includes a Purchasing Manager’s Index (PMI) based on the methodological approach of Markit Group, which conducts performance management indicators in more than 30 countries, and that of the United States-based Institute for Supply Management since 1948.

Our Team

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Confederation of Zimbabwe Industry
Founder & Partner
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International Trade Centre (ITC)
Partner
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Professor Christian Haedo
Partner
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European Union
Partner

What We Are

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The CZI Quarterly Business Confidence Index was developed with the technical support of the International Trade Centre (ITC), in partnership with Professor Christian Haedo from the University of Bologna, to help the Confederation of Zimbabwe Industry’s engagement in policy dialogue. The Index was financed by the European Union, under its Trade and Private Sector Development Programme (TPSDP) for Zimbabwe, which was implemented by ITC.

The CZI Quarterly Business Confidence Index was developed with the technical support of the International Trade Centre (ITC), in partnership with Professor Christian Haedo from the University of Bologna, to help the Confederation of Zimbabwe Industry’s engagement in policy dialogue. The Index was financed by the European Union, under its Trade and Private Sector Development Programme (TPSDP) for Zimbabwe, which was implemented by ITC

About Us

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The Confederation of Zimbabwe Industry was established in 1923 as the apex organisation for Industry in Zimbabwe, whose mission is to foster, encourage, promote, protect and advance the sustainable growth and development of the manufacturing industry and business in the interest of Zimbabwe’s economic prosperity. CZI engages in activities such as advocacy, provision of broad basic economic advice and, dissemination of information.