FMP property valuation declines in F24 after functional currency change
Pride Mzarabani
HARARE – First Mutual Properties (FMP) reported a decline in the value of their properties due to adoption of the US dollar as a functional currency.
The company property value now stands at US$132.948...
Proplastics volumes grow 11% in Q1 but headwinds remain
Itai Ndongwe
HARARE - Proplastics Limited's first-quarter report for 2025 indicated an initial period of promise that was subsequently impacted by significant headwinds stemming from the macroeconomic environment, monetary policy, and trade regulations.
Adding to these...
Innscor Africa leads cleft lip operation camps…181 successful surgeries to date
Innscor Africa Limited in partnership with Global Cleft and Cranio-Facial Foundation, spearheaded a series of cleft lip operation camps that have dramatically improved the lives of many children in need. Cleft lip and palate...
Gatlin Tips Charamba for Global Sprint Glory
https://youtu.be/guuj0BEHL74
Staff Reporter
World Champion and Olympic medalist Justin Gatlin has hailed Zimbabwean sprinter Makanaka Charamba as a “special breed” after his stellar performance at the Tom Jones Memorial Invitational.
Speaking on his podcast Ready Set Go,...
IRF, WCN Launch Rhino Conservation Leadership Program
WASHINGTON/SAN FRANCISCO — The International Rhino Foundation (IRF) and the Wildlife Conservation Network (WCN) have launched a new leadership program to strengthen rhino conservation efforts globally.
The Rising Wildlife Leaders: Careers initiative, beginning in May, will support...
Muchenje appointed new Schweppes MD
HARARE -Stanley Muchenje is set to take on the role of the new Managing Director of Schweppes Holdings Africa Limited, succeeding Charles Msipa, who departed from the company at the end of April this...
Global commodity prices set for 12% decline in 2025: World Bank
Pride Mzarabani
HARARE – Global Commodity prices are set to fall sharply this year by about 12 percent overall, as weakening global economic growth weighs on demand. Next year 2026, commodity prices are projected to...
RBZ joins World Bank’s Reserve Advisory & Management Partnership
Itai Ndongwe
HARARE - The World Bank has announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP).
The RBZ joined RAMP through a World Bank Group...
TIMB dismantles tobacco buying syndicate at TSF
Itai Ndongwe
HARARE - The Tobacco Industry and Marketing Board (TIMB) has uncovered and dismantled sophisticated corruption and collusion syndicates operating within the tobacco marketing system in a bold move to safeguard the integrity of...
Zim, China to hold inaugural tobacco expo, YTD exports now at US$309m
Itai Ndongwe
HARARE- The Tobacco Industry and Marketing Board (TIMB) says tobacco exports have reached impressive numbers, with 48 million kilograms of tobacco worth over US$309 million exported to date
A significant portion of these exports,...
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Milk production rises 20% in five months to May
Talkmore Gandiwa
HARARE - The Ministry of Agriculture is set to source 200 in-calf heifers in a bid to increase genetics and milk production in...
