Citrus industry contributing 4% to GDP

Chris Mahove The citrus industry value chain is playing a crucial role in the economic growth and development of Zimbabwe, contributing between 3-4 % to...

Lafarge cement volumes in marginal growth in Q3

HARARE – Lafarge Cement Limited Zimbabwe (LACZ) logged a 2.6% in overall growth of cement volumes for the third quarter ended 30 September 2021. This...

Fibre cement products boost Turnall’s Q-Sept volumes

HARARE – Turnall Holdings Limited’s Fibre Cement building products have boosted volume growth, contributing 79% of the sales volume for 2021, a 7% increase...

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Если вы раньше не играли в онлайн-казино, возможно, вы думаете о том, как заработать на игре. Есть много действий, чтобы начать наслаждаться. Уникальный, и...

Land-based investments trigger displacements

Donald Chakamanga  The government’s plan for the mining industry to earn at least US$12 billion by 2023 through the mining sector has been criticized for...

Guvamatanga appointed to regional bank’s board

HARARE - Finance and Economic Development Permanent Secretary George Guvamatanga, has been appointed to the board of directors of the Eastern and Southern African...

Zim platinum production declines 11% in Q3, global surplus to extend...

Zimbabwe’s platinum production was 11% lower in the third quarter to September at 111koz from 125koz in the previous quarter, the latest World Platinum...

SMEA to honour growing and outstanding SMEs

The SME Association of Zimbabwe will this week host the Local Legends awards, an event meant to honour and reward MSMEs that have excelled in...

SME’s now bedrock of economy- Deputy Minister

Talkmore Gandiwa The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and...

ZAMCOM delivers PIDACC endorsement letters to AfDB

Talkmore Gandiwa The Zambezi Watercourse Commission has delivered five endorsement letters to Africa Development Bank as part of the requirements needed to unlock funds that...

55% RioZim revenue gobbled by taxes, exchange rate anomalies

Tadiwa Musiyiwa HARARE – RioZim Limited says it is losing revenue to a “volatile operating environment”, with approximately 55% of its gross revenue spent on...

Palestine Embassy launches solidarity council

Talkmore Gandiwa A new council to coordinate all Palestine solidarity activities in the country, Zimbabwe Palestine Solidarity Council, has been launched in Harare. The council, which...

Zim manufacturing sector imports 70% of its raw materials

Christopher Mahove Zimbabwe’s food manufacturing sector sources 70% of its input components from foreign markets despite the country’s economy being agro-based. Confederation of Zimbabwe Industries chief...

Zimra warns businesses who falsify US$ financial records

Christopher Mahove The Zimbabwe Revenue Authority has given traders who are falsifying their foreign currency financial records, a December 31 ultimatum to voluntarily declare all...

Government sets aside $9 billion for national census

Takudzwa Musakasa HARARE – The Government of Zimbabwe has set aside $9 billion for the population and housing census to be conducted from 21 April...

FMP occupancy rises to 89% to boost net property income in...

Tadiwa Musiyiwa HARARE – Property firm, First Mutual Properties’ net property income grew by 62% driven by a 49% increase in revenue growth and...

Simbisa profit margins improve on improved turnover and cost containment

HARARE -  Simbisa says its group operating profit margins during the three months to Sept. (Q1 FY22 ) improved by 5 percentage points from...

New leases spur Mash Holdings’ revenue in Q-September

Tadiwa Musiyiwa HARARE – Zimbabwe Stock Exchange-listed property investment and development company, Mashonaland Holdings has increased revenue by 37% to ZWL359 million driven by new...

Rising consumer demand sees BAT cigarette sales volumes rise 25% in...

Itai Ndongwe  Improving consumer demand and increased export of cut rag tobacco saw British American Tobacco Limited (BAT) Zimbabwe recording an overall volume growth of...

Nampak volumes up 23% in Q-September on firming demand

Tadiwa Musiyiwa  Nampak Zimbabwe Limited sales volumes improved by 23% on the back of firm demand for commercial cartons in the printing and converting segment. In...