BUSINESS NEWS

Varun Beverages in expansion drive

Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...

By Staff reporter | Published: 12 September 2023

LANDS & AGRICULTURE

Zimbabwe writes off 106 520ha of maize due to dry weather spell

The Ministry of Agriculture is pursuing crop diversification in order to spread the risk of crop failure after the prolonged dry spells experienced in the 2019/2020 season led to low area planted and ...

By Staff reporter | Published: 22 April 2020

BUSINESS NEWS

TBs appetite dries up

Zimbabwe failed to raise the targeted amount through Treasury Bills in the last two auctions, underlining the huge disconnect between inflation "realities" being experienced by investors and expectati...

By Staff reporter | Published: 18 October 2019

TRANSPORT & TOURISM

Zimbabwe's travel, tourism business levels drops in first 9 months

Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...

By Staff reporter | Published: 18 October 2019

ZSE TODAY

Mid-tier stocks drive ZSE to a marginal gain

The ZSE gained 0.07% as marginal losses in the big caps were offset by moderate gains in mid-tier stocks pushed by small trades. The session yielded eleven gainers and six fallers, with the Old Mutual...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Hundreds attend Bulawayo Amazing Voices auditions

AUDITIONS for the Zimbabwe leg of the Old Mutual Amazing Voices singing competition kicked off in Bulawayo at the Large City Hall yesterday with hundreds flocking the venue to try their luck. Among th...

By Staff reporter | Published: 17 October 2019

MINING & RETAIL

Zimbabwe drafting new coal tariffs

GOVERNMENT has paid tribute to Makomo Resources for keeping the nation's lights on by continuously supplying coal to the Zimbabwe Power Company at a time the country's economy and coal mining sector a...

By Staff reporter | Published: 10 October 2019

INDUSTRIALS & ENERGY

Why Zimbabwe quadrupled its electricity prices

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulato...

By Reuters | Published: 10 October 2019

BUSINESS NEWS

Zimbabwe industry capacity utilisation to drop to 30%

MANUFACTURING sector capacity utilisation is projected to drop to about 30 percent this year from 48 percent in 2018 due to negative macro-economic factors that hit Zimbabwe since January, the Confede...

By Staff reporter | Published: 07 October 2019

POLITICS

Fashion shops offer to dress Job Sikhala

SEVERAL clothing outlets are report- edly scrambling to dress Zengeza West legislator Job Sikhala following the circulation of pictures of him in a seem- ingly tiny waistcoat. Wiwa, as the Zengeza Wes...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

Fashion shops offer to dress Job Sikhala

SEVERAL clothing outlets are reportedly scrambling to dress Zengeza West legislator Job Sikhala following the circulation of pictures of him in a seemingly tiny waistcoat. Wiwa, as the Zengeza West MP...

By Staff reporter | Published: 05 October 2019

MINING & RETAIL

Makomo output drops 27%

COAL miner, Makomo Resources, has reported a 27 percent drop in production for the first nine months of 2019, attributed to procurement gaps as a result of a shortage of foreign currency. The Hwange-b...

By Staff reporter | Published: 01 October 2019

MINING & RETAIL

Caledonia still to use $4m overdraft facility

CALEDONIA Mining Corporation (Caledonia) says its unsecured $4 million overdraft facility in Zimbabwe has remained undrawn."The company currently has no plans to raise equity. Blanket has an unsecured...

By Staff reporter | Published: 01 October 2019

ZIMBABWE

ZSE bearish with a 0.35% drop as big caps trade negatively

The ZSE retreated by 0.35% with gains in Innscor, BAT and Zimre failing to prop up the bourse against losses for blue-chips Old Mutual and Econet. At the close of trade, market turnover reached Z...

By Staff reporter | Published: 28 September 2019

TRANSPORT & TOURISM

Zimbabwe goes overdrive to lure diasporans

Tourism minister Priscah Mupfumira is in the United Kingdom for Zimbabwe's roadshow aimed at increasing engagement with citizens domiciled in Europe to encourage them to come and invest back in the co...

By Staff reporter | Published: 12 July 2019

MINING & RETAIL

Govt to withdraw licences for profiteering businesses

GOVERNMENT is going to withdraw operating licenses of shops that are profiteering and give them to "patriotic" people, Defence and War Veterans Welfare deputy minister Victor Matemadanda has said.Spea...

By Staff reporter | Published: 09 July 2019

INDUSTRIALS & ENERGY

Drilling to begin next year in Muzarabani

ONE Gas Resources, the exploration partner of Invictus Energy Ltd in Zimbabwe's Muzarabani district, expects drilling to begin in the second half of next year, targeting an estimated 1.3 billion barre...

By Bloomberg | Published: 09 July 2019

SOCCER

Mnangagwa, DRC's Tshisekedi in Afcon banter

PRESIDENT Mnangagwa took time to discuss football matters on the sidelines of the 12th extraordinary AU summit on free trade areas and was involved in a banter with DR Congo President Félix Tshiseked...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

New drug plant for Zimbabwe

A new pharmaceutical manufacturing plant is set to be constructed in Mt Hampden, about 20km north-west of Harare, in a development expected to cut reliance on foreign drugs and create more jobs for ci...

By Staff reporter | Published: 03 July 2019

POLITICS

Chiefs urge Mnangagwa to urgently address rising cost of living

CHIEFS in the Midlands and Matabeleland regions have called on President Emmerson Mnangagwa to urgently address the rising cost of living, including sharp increases in food insecurity.Mnangagwa met ch...

By Staff reporter | Published: 01 July 2019

LANDS & AGRICULTURE

Increased revenue drives Seed Co PAT to US$90,7m

Seed Co Limited posted an after-tax-profit of US$90,7 million in the year ended March 31, up from US$21,4 million recorded in the prior year, driven by an increase in revenue.Revenue was up 16% to US$...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Zimbabwe industry feels the heat as sales drop

Prices of goods and services may have reached the plateau, amid indications volumes have started dipping significantly as consumers struggle with affordability, captains of industry and economic analy...

By Staff reporter | Published: 14 June 2019

ZIMBABWE

Zimbabwe imports drop 31%

Zimbabwe's imports for the first four months of the year to April 2019 dropped 31 percent to US$1,5 billion from US$2,2 billion registered in the same period last year, as the country's import bill co...

By Staff reporter | Published: 12 June 2019

LANDS & AGRICULTURE

Zimbabwe tobacco sales drop 44%

TOBACCO sales are down 44% at $292,8 million after 53 days of trade, compared to $523,5 million achieved last season, data from the industry regulator Tobacco Industry and Marketing Board (TIMB) shows...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Zimbabwe may withdraw from Endangered-Species deal to sell $300m of ivory

Zimbabwe may consider withdrawing from the Convention on International Trade in Endangered Species because the organization won't allow it to sell its ivory stockpile.The southern African nation with ...

By Bloomberg | Published: 11 June 2019
Pages:
1
2
3
4
5
6
7
8
9
...

Latest News

Latest Published Reports

Latest jobs