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Tobacco Farmers Set New Sales Record
Oscar J Jeke -Zim Now ReporterZimbabwean tobacco farmers have shattered previous records after selling 299.1 million kilograms of tobacco so far this season, officially surpassing the previous high of...
Afdis to Invest US$10 Million in Expansion Projects
Oscar J JekeZim Now ReporterAfrican Distillers has announced plans to invest over US$10 million in expansion projects as part of its growth strategy, while calling on the government to urgently addres...
Zimbabwe, InfraCo Africa to Launch 30MW Vungu Solar Project
Oscar J Jeke - Zim Now ReporterThe Government of Zimbabwe has signed a landmark agreement with European energy funder InfraCo Africa to advance the long-awaited 30 megawatt Vungu Solar Project, markin...
CMED Scandal Details Gross Mismanagement, Undelivered Assets
Nyashadzashe Ndoro – Chief ReporterA recent report by the Public Accounts Committee has brought to light significant financial irregularities, governance failures, and operational inefficiencies withi...
RBZ Halts Gold Coin Sales
Zim Now Writer The Reserve Bank of Zimbabwe has suspended its gold coin sales, with the move taking effect from June 16, 2025.In a statement, RBZ Governor John Mushayavanhu explained that the suspensi...
ZB Group Profits Rise in ZiG Era as Digital, ESG Strategies Take Shape
Audrey Galawu- Assistant Editor ZB Financial Holdings posted a solid after-tax profit of ZiG$264 billion for the full year ending December 31, 2024—up from a restated profit of ZiG$192 billion in 2023...
TIMB reports revenue decline to US$794 million
TIMB Board Chairperson Patrick DevenishRutendo Mazhindu - ZimNow ReporterThe Tobacco Industry and Marketing Board (TIMB) has reported a revenue decline to US$794 million in 2024 from US$897 million la...
Edgars Revenue Falls 9.1%, Profit Up Slightly
Rutendo MazhinduZimNow ReporterEdgars Stores Limited  recorded a 9.1% decline in revenue to US$36.98 million for the year ending January 5, 2025, down from US$40.75 million in the previous year, despi...
TIMB Appoints Emmanuel Matsvaire as CEO
Zim Now WriterThe Tobacco Industry & Marketing Board has announced the appointment of Emmanuel Matsvaire as its Substantive Chief Executive Officer, effective immediately.Matsvaire brings over 16 year...
Zimbabwe's leather sector welcomes China's zero-tariff measures for African countries
File image- comesa.int  Xinhua— Zimbabwe's leather sector on Friday said it warmly welcomes China's zero-tariff measures covering all taxable products for 53 African countries, noting that the move wi...