Search results for 'Maize'
World
Government Raises GDP Forecasts by 2.2 Percentage Points Due to Positive Agricultural Performance

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Apr 21, 2023
World
Zimbabwe's Economic Growth Set to Rise by 6% on the Back of Increased Maize Harvest

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Apr 27, 2023
Zimbabwe
South Africa's Maize Boost Benefits Zimbabwe's Food Security

However, the two countries' experiences with maize production highlight the need for a more coordinated approach to agricultural development in the region. South Africa's success in increasing maize p

May 26, 2023
Companies
Seed Co Leverages Poor Sales with Exports, Introduces New Resistant Varieties

Seed Co Zimbabwe, the largest operating seed company, has leveraged increased export sales of maize seed in 2023 to offset the impact of recurring El Niño-induced drought spells that affected local ma

Jul 03, 2024
Zimbabwe
Challenges Loom for 2024/25 Farming Season Amid Economic, Natural Calamities

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
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
Companies
Government's Failure to Pay Debt Forces Seed Co to Rely on Loans

The largest seed house in the country, Seed Co is currently struggling  with financial challenges attributed to delayed payments from the government, which owes the company US$8.6 million. This outst

Dec 06, 2024

Top Stories

A Looming Dark Christmas: Zimbabwe's Power Sector in Shambles

Zimbabwe is likely to face a dark festive season due to persistent power outages. The continued nationwide blackouts and inadequate power generation, which fails to meet demand, support this predicti

Dec 18, 2024

Zimbabwe Achieves Wheat Self-Sufficiency Setting New Record: A Closer Look

Zimbabwe's agricultural sector has achieved a landmark milestone, with the country's wheat harvest reaching an unprecedented 563,961 metric tons (MT) as of the latest update. This is according to the

Dec 18, 2024

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

Tanganda Returns to Profitability as Avocado ,Tea Booms

Tanganda Tea, a company listed on the Zimbabwe Stock Exchange (ZSE), has made a remarkable turnaround, recording a profit after tax of USD1.4 million for the year ended 30 September 2024. This is a si

Dec 16, 2024

Zimbabwe's Power Supply Plummets to Lowest Level in Over 12 Months

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 Electricity Import Bill Jumps 45% in Q3

The Zimbabwe National Statistics Agency (Zimstat) has revealed a significant 45% uptick in electricity imports, with the country bringing in 611.1 gigawatt-hours (GWh) during the third quarter of 2024

Dec 16, 2024

Government Seeks Bigger Slice of Mining Pie: Is the 26% Proposed Stake Feasible?

Last week, in an interview with global media outlet Bloomberg, the government hinted at plans to introduce a 26% shareholding in all future mining projects and also negotiate with the already settled

Dec 16, 2024

28 Zimbabwe-Linked Gold Mafia Members Placed on U.S. Sanctions

The United States and United Kingdom have imposed stringent sanctions on individuals implicated in gold smuggling and money laundering operation based in Zimbabwe, effective December 9, 2024.

Dec 10, 2024