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Zimplats offers voluntary retrenchments to staff as economic pressures mount
Zimplats chief executive officer, Alex MhembereNyashadzashe Ndoro Zimbabwe’s platinum mining giant, Zimplats Holdings Ltd, is set to begin voluntary retrenchments today in a bid to cut costs and ensur...
Rwanda-Zimbabwe business forum strengthens bilateral relations
Oscar J JekeThe Rwanda-Zimbabwe business forum has opened today with over 100 Zimbabwean companies showcasing their products, a development that is set to strengthen trade relations between the two co...
Reduced Risk: AfDB and NMB Bank join forces to promote trade
AfDB Country Manager for Zimbabwe Moono Mupotola, left, and Gerald Gore, NMB Bank CEO at the signing of an agreement for a US$15 m trade facility in HarareNyashadzashe NdoroThe African Development Ban...
TSL achieves good volume growth despite challenging trading environment
Audrey GalawuTSL Limited has revealed that the group achieved good volume growth across most business units compared to the previous year despite challenging trading conditions.Inflation adjusted reve...
Zim hits US$12b mining industry targets
Philemon JambayaZimbabwe’s mining sector is celebrating a remarkable achievement, exceeding the ambitious target of reaching a US$12 billion industry by 2023. This news comes as industry leaders and g...
Zim milk output increases by 17%
Audrey GalawuZimbabwe’s milk output rose 17% to 9.52 million litres in January 2024 from 8.14 million litres in the same period last year.Statistics from the Agriculture Ministry’s Dairy Services Depa...
Truworths SA says it has no financial exposure in ZSE suspended Zim operation
Audrey GalawuTruworths International has said it is not financially exposed to Truworths Zimbabwe, which has been suspended by the Zimbabwe Stock Exchange for three months after failing to publish its...
NCC operations impacted by limited funding
Audrey GalawuThe National Competitiveness Commission said the Commission’s operations and programmes were impacted by limited funding, which resulted in non-implementation of some Competitiveness Prog...
Zim diamonds: Transparency and local focus drive industry reform
Mines and Mining Development Minister, Soda ZhemuNyashadzashe Ndoro Mines and Mining Development Minister, Soda Zhemu has claimed that the country is committed to a transparent and sustainable diamond...
Tobacco 2023/24 exports generate US$1.564 billion
Audrey GalawuZimbabwe tobacco exports increased by 106% in January and February generating US$1.564 billion from the 2022/23 tobacco season exports.The volume of tobacco exported in January and Februa...