Nampak Zimbabwe’s profitability has been adversely impacted by the effects of prolonged drought conditions stemming from the El Niño climatic phenomenon according to its latest half-year financials. T
Jun 28, 2024
anganda Tea Company, a leading producer in Zimbabwe, has reported mixed results for the third quarter of its financial year, with a strong performance in macadamia production offsetting a decline in t
Aug 16, 2024
As November 2024 unfolds, Zimbabwe faces alarming news regarding the dwindling water levels at Kariba Dam, a critical resource for the nation's energy supply. The lake level has dropped to 476.14 m,
Nov 02, 2024
The outlook for Zimbabwe's 2024/2025 agricultural season remains precarious, exacerbated by a convergence of governmental inefficiencies and natural disasters that threaten to deepen poverty and econo
Nov 03, 2024
Zimbabwe's power generation has plummeted to its lowest level in over 12 months, with daily electricity production hitting a dismal 736 MW on December 16. This marks a new low for 2024, surpassing the
Dec 16, 2024
Zimbabwe's maize imports surged to a historic US$ 563 million in 2024, up from US$ 149.5 million in the previous year, marking a remarkable increase of over 200%. This places maize imports second only
Jan 29, 2025
Zimbabwe's tobacco export earnings reached an unprecedented $1.3 billion in 2024, marking the second consecutive year the industry has surpassed the $1 billion milestone. This achievement builds on t
Jan 30, 2025
Largest seed house in the country, Seed Co has recorded a 45% increase in sales volume to US$26.9 million for the third quarter to full year 2025 ended 31 December 2024 from 18.5 million in the same
Feb 03, 2025
Lake Kariba water levels has gradually risen to 6.17% as of 3rd February 2025 from 3.09% in early January , attributed to intensified rainfall activity on and around the lake according to the Zambezi
Feb 04, 2025
Tanganda Tea , a diversified company listed on the Zimbabwe Stock Exchange (ZSE), has faced significant challenges in its production across key categories in the first quarter ended 31 December 2024,
Feb 13, 2025
Zimbabwe's gold deliveries declined by 17.7% month-on-month in February 2024, falling to 2.56 tonnes from 3.1 tonnes in January. This marks the lowest monthly output in over six months since June 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has decreased diesel prices for March, effective 4 March 2025, from February's prices in US dollar terms. Diesel prices went down by 3% from US$1.58 in
he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise
Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf in 2025. Under the nation's dual-currency set
TSL Limited, a diversified Zimbabwe Stock Exchange-listed company, experienced a sharp 55% decline in profit after tax from continuing operations, falling to US$3.62 million for the fiscal year ended
Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie
The electricity generation at the Kariba Hydroelectric Power Plant has more than tripled on the 4th of March to 485 megawatts (MW) , marking a nine-month record high since June 2024. This has increas
Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO), Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of
