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Zimbabwe's tobacco industry eyes record harvest

Zimbabwe's tobacco industry eyes record harvest

 Oscar J JekeZim Now Reporter Zimbabwe's tobacco industry is experiencing a remarkable resurgence, fueled by a significant increase in export volumes and robust farmer confidence. The nation's tobacco...

By Philemon Jambaya •
UK's BII Injects US$10 Million into NMBZ to Bolster Growth

UK's BII Injects US$10 Million into NMBZ to Bolster Growth

Nyashadzashe NdoroChief ReporterNMBZ Holdings Limited has received a significant boost after securing a US$10 million loan from British International Investment, UK's development finance institution,...

By Audrey Galawu •
Low Capacity Utilisation Crippling Zimbabwe's Manufacturing Sector

Low Capacity Utilisation Crippling Zimbabwe's Manufacturing Sector

Audrey GalawuAssistant EditorAn analysis of Zimbabwe’s economic competitiveness reveals significant challenges, particularly within the manufacturing sector.Although some sectors, such as mining, agri...

By Audrey Galawu •
Zimbabwean Accountants get a financial safety net

Zimbabwean Accountants get a financial safety net

  Zim Now WritterThe Zimbabwe Accountants International has formed a strategic partnership with UK-based risk solutions firm, Diaspora Insurance, to offer financial security to its members worldwide....

By Philemon Jambaya •
FBC Holdings posts ZWG$600 million profit, despite monetary loss

FBC Holdings posts ZWG$600 million profit, despite monetary loss

Audrey GalawuAssistant EditorFBC Holdings Limited reported a profit before tax of ZWG$669.7 million, driven by an operational profit of ZWG$1.4 billion, though the results were weighed down by a monet...

By Audrey Galawu •
Zimpricecheck’s Dzvoma gets US$13,000 at entrepreneurs challenge

Zimpricecheck’s Dzvoma gets US$13,000 at entrepreneurs challenge

Garikai Dzoma Zim Now ReporterGarikai Dzvoma, founder of Zimpricecheck, has successfully won US$13,000 in seed funding after taking first place in the 2024 "Value Creation Challenge". Dzvoma competed...

By ZimNow Reporter •
Hippo Valley battles govt over land ownership

Hippo Valley battles govt over land ownership

Nyashadzashe NdoroChief ReporterHippo Valley Estates Limited, a prominent sugar producer in Zimbabwe, is embroiled in a land ownership dispute with the government.The company has been operating on agr...

By Audrey Galawu •
Government to remove VAT on fish to boost local industry

Government to remove VAT on fish to boost local industry

Patricia MashiriZim Now ReporterThe government is set to scrap the 15% value-added tax on meat products, including fish, to increase competitiveness against imported goods. This tax, introduced earlie...

By Audrey Galawu •
BEX Defense Recognised for Excellence in Home Security at 2024 Awards

BEX Defense Recognised for Excellence in Home Security at 2024 Awards

Zim Now WriterBEX Defense, a leading security company co-owned by Beverly and Clark Makoni, has been honoured with the Outstanding Residential Security Solutions Provider award at the 2024 Protection...

By Audrey Galawu •
RBZ injects US$64 million to save ZiG from free fall

RBZ injects US$64 million to save ZiG from free fall

Staff ReporterThe Reserve Bank of Zimbabwe has injected US$64 million into the interbank foreign exchange market to stabilise the country's currency, ZiG, which has been under pressure due to rising d...

By Audrey Galawu •