Zambian Breweries launches Eagle Extra
LUSAKA, ZAMBIA – Eagle Extra is the new bold addition to Zambian Breweries’ Eagle beer portfolio.
Eagle Extra stands out as a well-crafted, distinct tasting beer using locally sourced ingredients - cassava being the main star....
Download: August milk production figures
Milk production Figures Jan-Aug 2024
HARARE - In the first eight months of this year, Zimbabwe produced 75.2 million litres of milk, a 19.3% increase from 63 million litres during the same period last year. Month...
RBZ injects more US dollars into foreign currency market
Terrence Kurira
The Reserve Bank of Zimbabwe (RBZ) has injected a total of US$64 million into the interbank foreign exchange market to address pipeline demand and maintain the stability of the ZiG.
The RBZ's intervention comes...
Govt to launch multi-million dollar loan fund to formalise ASM sector
Itai Ndongwe/Pride Mzarabani
The Zimbabwean government is launching a critical push to revitalise its small-scale gold mining sector, with a $10 million investment aimed at formalising the industry and providing miners with the technology and...
Unilever seeks local distributor for products
HARARE (FinX) - British multinational Unilever says it is reviewing its route to market model in Zimbabwe by using a local partner to distribute its products in the country.
Unilever are makers of food and...
Nestle to sell iconic Cremora brand, Harare ops to cease production
HARARE (FinX) - Nestlé East & Southern Africa Region (ESAR) has announced its decision to divest its NESTLÉ CREMORA business, a creamer brand that has been a staple in South African households for over 77 years.
NESTLÉ...
SECZim Issues New Directive for Enhanced Financial Disclosures
HARARE (FinX) – In a significant move to bolster transparency and accountability within the financial sector, the Securities & Exchange Commission of Zimbabwe (SECZim) has issued Directive Number 08/2024, mandating enhanced disclosures in the...
First Capital Bank closes Harare St branch
Talkmore Gandiwa
HARARE - First Capital Bank has announced the closure of its Harare Street branch effective September 21, 2024.
This will be the second First Capital branch to close in Harare this year. In a notice,...
RBZ tightens forex trade in new exchange control guidelines
Pride Mzarabani
HARARE - The Reserve Bank of Zimbabwe has issued Exchange Control Circular No. 3 of 2024 which seeks to tighten controls on foreign exchange transactions.
The key provision of the circular is aimed at...
US Launches the Fifth Academy for Women Entrepreneurs
By Talkmore Gandiwa
The United States Embassy in Zimbabwe officially launched its 2024 Academy for Women Entrepreneurs (AWE), a program designed to support women in starting and expanding businesses.
AWE focuses on fostering entrepreneurship among women...
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Prospect seeks to rapidly move Arcadia into development
HARARE - ASX listed Prospect Resources continues to make progress towards delivering on its plan to build and operate a pilot plant as it...
