Search results for 'Farming'
Zimbabwe
Vertical farming a viable solution for Zim’s intermittent rainfall

The Zimbabwean economy is rooted in agricultural productivity, according to the National Economic strategy, NDS1 (National Development Strategy1). Agriculture has an important role in Zimbabwe's long-

Dec 06, 2022
World
Sweet Entry into the Chinese Market: Zimbabwean Citrus Farmers Find Solace

China consumed over 54 million tonnes of citrus fruits in 2021, accounting for about 34% of total citrus consumption globally. The sheer size of the Chinese market signals a huge export potential for

Jun 05, 2023
Companies
Contract Farming Drives TSL’s Q3 Performance

TSL Limited, an agricultural and logistics Group listed on the Zimbabwe Stock Exchange (ZSE), has achieved a strong performance in the third quarter ended 31 July 2023. Both the volumes handled and pr

Sep 19, 2023
World
Battling the Abyss: Ariston Holdings Limited Records a Whopping ZWL$33 billion Loss

Harare - Ariston Holdings Limited faced a formidable challenge as its loss position widened to a staggering ZWL$33 billion in the full year that ended on September 30, 2023, compared to a loss of ZWL$

Jan 10, 2024
Companies
Unbeatable Yields, Unmatched Quality: Hippo Valley Introduces New Varieties, Amplifies Disease Control

Zimbabwe's sugar giant, Hippo Valley Estates, is gearing up to introduce advanced technologies and high-yielding sugar cane varieties, poised to transform the industry through improved cane quality.

Oct 11, 2024
Zimbabwe
Year-to-Date Tobacco Update: Rakes in $1 Billion, Exports Surge, 30% Increase in Growers

Zimbabwe's year-to-date tobacco exports have raked in US$1 billion exceeding the US$960 million recorded in 2023 according to Tobacco Industries Marketing Board. The country shipped approximately 187

Nov 05, 2024

Top Stories

Can Caledonia Meet Its Gold Targets by Year-End?

Caledonia Mining Corporation, a leading gold producer, has reported a third-quarter gold production of 18,992 ounces from 21,772 ounces produced in the comparable quarter due to lower grade and reduce

9 hours ago

Delta Posts 11% Revenue Growth, Defying Economic Challenges

DELTA Corporation , the leading beverage manufacture has posted an increase in revenue to $389.1 million for the half year ended September 2024 from US$350.6 last year. This led to a profit after tax

1 day ago

Rising Reserves, Waning Performance: The Dilemma of Zimbabwe's Currency

The Reserve Bank of Zimbabwe (RBZ) announced that the reserves backing the Zimbabwe Gold (ZiG), the fourth currency introduced in nearly a decade, have surpassed US$500 million, reaching US$509 millio

Nov 12, 2024

Double Trouble for Delta's Beer: Sorghum Struggles at Home, Abroad

Delta Corporation, a blue-chip entity listed on the Zimbabwe Stock Exchange (ZSE), has encountered significant headwinds in its sorghum beer segment, resulting in diminished sales volumes domestically

Nov 11, 2024

A Billion-Dollar Quarter: CBZ’s Q3 Performance

Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th

Nov 10, 2024

Pathway to Recovery: BAT’s Q3 Under Glance

British American Tobacco (BAT) Zimbabwe, a producer and marketer of premium cigarette brands, is prioritizing cost reduction as a strategic initiative aimed at returning to profitability. The company

Nov 08, 2024

Glimmer of Hope: Zim’s Oct Gold Surge Revives Year-End Target

Zimbabwe's October gold deliveries surged 22% from September and 12% above October 2023, reaching 4,168 kgs. Small-scale miners produced 3,143 kgs, up from 2,404 kgs in September, while large-scale m

Nov 07, 2024

Smoke and Mirrors? ZiG Strengthens for Third Consecutive Day, Takes in 9% Gains

The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating

Nov 06, 2024