Search results for 'Exports'
Zimbabwe
Sweetened Opportunities: African Sugar Producers Gear Up Amid Global Supply Shortage
According to Statista, India leads global sugar consumption, followed closely by the European Union and China. By 2024/2025, global sugar consumption is projected to reach 182 million metric tons. Bra
Oct 30, 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
Zimbabwe
Zim’s 10-Month Gold Exports Value Surpasses FY23 Total, Hits Record US$1.87 Billion
Gold has recorded a historical high of US$296.85 million in exports value in October according to the latest data released by Zimstat in terms of value. Of all the exports, gold accounted for 42.4% s
Nov 27, 2024
Zimbabwe
October External Trade Overview: Trade Balance Improves, Gold Surge, Fuel, Maize Imports Dominates- Key Drivers Revealed
Harare- Zimbabwe's trade deficit narrowed in October 2024, despite remaining in the red. According to data from Zimstat, total exports reached US$698 million, representing a 16% year-on-year decline f
Nov 28, 2024
Zimbabwe
Can Zim's Gold Output Hit 35 Tonnes, Earnings Cross $2 Billion for the First Time?
he gold sector has achieved remarkable advancements in gold sales, having already surpassed last year's figures. November’s gold deliveries experienced a significant uptick, reaching 3,766 kg more tha
Dec 10, 2024
Zimbabwe
Zimbabwe's Sugar Sales Surge 21% As Government Repeals Free-Importation Policies
Zimbabwe’s industrial sugar sales have experienced a substantial growth trajectory, increasing by 21% to 183,729 tonnes for the half-year period ended 30 September 2024, as reported by Hippo Valley, t
Dec 10, 2024
World
Drought Threatens Regional Power Supply: What Lake Cahora Bassa's Water Level Erosion Means for Zimbabwe
Zimbabwe's struggles with power challenges have extended beyond its borders, affecting one of its key electricity import sources. The Cahora Bassa dam in Mozambique's Tete province has reached a crit
Dec 17, 2024
Top Stories
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
19 hours agoForex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles
Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest financial res
1 day agoNMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors
NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil
Apr 08, 2025Zimbabwe’s April Fuel Dip: U$1.53 From US$1.54 Signals Relief, Yet Among Highest in Africa
Zimbabwe’s fuel prices in April 2025, set at $1.53 per litre for petrol and $1.52 per litre for diesel in USD by the Zimbabwe Energy Regulatory Authority (ZERA), eased from March’s $1.54 and $1.55. Y
Apr 07, 2025