Search results for 'drought impact'
Companies
Ariston Boosts Tea Volumes by 14%, Pivots to Macadamia Value-Add

Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

Jun 04, 2024
Zambia
Zambia’s Inflation Hits 17% as Drought, Energy Crisis Speaks Louder

Zambia's annual inflation rate has soared for the 17th consecutive month, reaching 16.5% in November 2024, up from 15.7% in October. This escalation marks the highest inflation rate since November 20

Nov 29, 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
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024

NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company

Jan 30, 2025
Zimbabwe
Zimbabwe Reverses Maize Import Ban After a ‘’Fictitious’’ Bumper Harvest Claim

Zimbabwe has reversed its maize import ban just two months after imposing it, a move prompted by a sharp downward revision in the country’s 2024/25 harvest forecast and growing concerns over food secu

Oct 24, 2025

Top Stories

The O-Mari Effect: Mobile Money War Goes Physical, NetOne Remains Idle

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

4 minutes ago

Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery

Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions

3 hours ago

PPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board

Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa

3 hours ago

Hippo Valley Posts Standout FY26 Performance, FY27 Tests Its Earnings Base

Hippo Valley Estates Limited, Zimbabwe's largest ZSE listed sugar producer, has reported a revenue growth of $220.8 million, a 15% increase from $191.6 million according to the latest results for the

3 hours ago

Zimbabwe Rejects Lithium Extension: Is the Industry Ready for January 2027?

Government has held firm on the January 2027 ban on lithium concentrate exports despite the industry’s request for a six month extension. The decision has shifted Zimbabwe’s lithium policy from aspira

22 hours ago

Willdale Narrows Operating Loss to 1.6 Million, Despite Sales Volumes Falling 50%

Zimbabwe’s biggest listed bricks manufacturer, Willdale Limited has reported an operating loss of ZWG 39.9 million for the half year ended 31 March 2026, equivalent to approximately USD 1.6 million at

23 hours ago

Zimbabwe’s Trade Analysis: What It Means for Economy, Policymakers, Investors As Gold Retreats

Zimbabwe's goods exports reached USD 884 million in May 2026, the second highest monthly export figure on record and an 11.6% increase from April 2026's USD 792.3 million, driven by semi-manufactured

1 day ago

What May’s Trade Numbers Reveal: Gold Dominance Grows as Import Demand Widens the Deficit

Zimbabwe's goods trade balance for May 2026 was a deficit of USD 193.7 million, a 14% increase from April 2026's USD 169.9 million. Exports grew 11.6% month-on-month from USD 792.3 million to USD 884

1 day ago