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Macadamia Prices Drop 63% Despite Export Surge
Oscar J JekeZim Now ReporterZimbabwe’s macadamia nut industry, once a bright spot in its agricultural sector, is facing a stark decline in prices despite an increase in export volumes.According to dat...
Tanganda Abandons ZWG for US$ due to Economic Woes
Nyashadzashe NdoroChief ReporterListed tea producer Tanganda Tea Company has announced a shift in its functional and presentation currency to the United States Dollar.This decision, detailed in the co...
Truworths Zim to Delist from ZSE Under Corporate Rescue
 Audrey Galawu Assistant Editor  Truworths Zimbabwe Limited is set to delist from the Zimbabwe Stock Exchange as part of a corporate rescue strategy, following the adoption of a Corporate Rescue Plan...
African Sun Sells Great Zimbabwe Hotel for US$4.2 Million
Zim Now Writer African Sun Limited has finalized the sale of the Great Zimbabwe Hotel and its associated business to Mewame Family Trust for a total of US$4.2 million has reported.The transaction foll...
Nampak Q1 revenue plunges 23%
Nyashadzashe NdoroChief ReporterNampak Zimbabwe Limited has reported a 23% year-on-year decline in group revenue for the first quarter ending December 31, 2024, expressed in USD terms. Â The company at...
NTS Reports 36% Sales Drop
Audrey GalawuAssistant EditorNational Tyre Services Limited has reported a significant 36% decline in sales for the half-year ended 30 September 2024, with revenue falling to ZWG$37.6 million from ZWG...
OK Zimbabwe faced a tough Q3 2024
  Moreblessing CherayiZim Now CorrespondentOK Zimbabwe Limited encountered a tough trading environment in the third quarter of 2024, primarily due to reduced consumer spending, local currency devaluat...
US Sanctions: Zim court blocks bank account closure
Nyashadzashe NdoroChief ReporterA Zimbabwean gold trading company, Skorus Investments (Private) Limited, has secured a temporary reprieve against the closure of its bank accounts by CBZ Bank Limited....
Zim Intensifies Efforts to Tap into Africa's US$6B Oil, Gas Exploration Surge
Nyashadzashe NdoroChief ReporterZimbabwe has ramped up efforts to capitalise on Africa’s booming oil and gas exploration sector, which is projected to surpass US$6 billion in 2024.This push is highlig...
EcoCash Holdings Board Overhaul: Eight Directors Resign as Nyambirai Takes Over
Nyambirai Moreblessing CherayiZim Now CorrespondentEcoCash Holdings has undergone a major leadership shake-up, with eight directors resigning and ten new members appointed to the board.The overhaul fo...