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
Zimplow Holdings, Zimbabwe’s premier supplier of tyres, mining, and agricultural equipment, is set to rebound in 2025 following a tough 2024, as outlined in its full-year financial results for the per
Apr 02, 2025
Zimbabwe’s maize imports dropped sharply to US$391.3 million in April 2025 from US$686.9 million in March, according to the latest trade data from Zimbabwe Statistics Agency (Zimstat). The 43% declin
May 29, 2025
Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab
Aug 04, 2025
he global platinum market is once again plunging into deficit, with the World Platinum Investment Council (WPIC) projecting an 850,000-ounce shortfall in 2025, following an even deeper 968,000-ounce g
The Zimbabwe Electricity Supply Authority (ZESA) has announced that Hwange Unit 3, one of its older 80MW generators, will be taken offline for 44 days from September 10 to October 24, 2025, to undergo
ZECO Holdings Limited, the investment vehicle controlled by flamboyant businessman and property magnate Philip Chiyangwa, has posted a surprise profit for the first half of 2025, marking a rare break
The government has introduced significant reforms to ease the regulatory and financial burdens on the agricultural sector, particularly in livestock, dairy, and stockfeed industries. The Ministry of
The Zimbabwe Revenue Authority (ZIMRA) has introduced a stringent enforcement mechanism for revised presumptive tax rates targeting the public transport sector, including commuter omnibuses known as k
Rainbow Tourism Group Limited (RTG), the second-largest hotelier group in Zimbabwe has seen a 15% uptick in revenue during the first half of 2025, entering the second half on higher-note. The increas
Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize
Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t
