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Cement imports banned again as local production rises
Oscar J JekeThe government has said it is discontinuing the issuance of cement import licences to boost local cement supply, amid a return to optimal production levels by the four major local producer...
NMBZ hints at major deal, advises caution for Investors
Nyashadzashe NdoroNMBZ Holdings Limited, one of the leading commercial banking companies in Zimbabwe, is in talks to acquire another business, according to a statement released by the company’s direct...
Nampak AGM approves financial statements, re-elects directors
Nyashadzashe NdoroNampak Zimbabwe Limited held its 73rd Annual General Meeting on February 28, 2024, where financial statements, reports from the directors, chairman, and group managing director were...
Improved raw materials supply relieve CFI Holdings
Audrey GalawuCFI Holdings’ Agrifoods Division reported an increase in sales volumes despite the difficult operating environment.The increase has been attributed to improved product availability result...
US$35 investment to your financial breakthrough
Patricia MashiriMushroom farming is a very profitable venture as the crop can be grown all-year round with little capital investment on limited space while potential earnings range from twice to thric...
Private sector poised for growth, but El Niño casts shadow
Nyashadzashe NdoroDespite economic challenges, Zimbabwe has potential for private sector driven growth but faces an El Niño-induced drought, the World Bank says in its latest report.The report finds Z...
Zimbabwe’s gamble: Can a ‘structured currency’ tame inflation and boost the economy?
Audrey GalawuZimbabwe’s battle against inflation and a volatile exchange rate has taken a novel turn with the announcement of a “structured currency.” This intriguing concept has ignited a spark of ho...
Truworths blames informalisation for sales decline
Audrey GalawuTRUWORTHS Limited Zimbabwe recorded a decline in units sold which the company attributed to the informalisation of the economy, which has resulted in cheap and fake imports selling at bel...
Zera reviews fuel prices upwards
Zim Now WriterThe Zimbabwe Energy Regulatory Authority has announced today the increase of fuel prices for the month of March, with slight increases in the US$ price as compared to the huge local curr...
Kenya receives new wagons from China for railway freight operations
Kenya received 430 wagons from China Monday to enhance freight operations on its railway network nationwide. The batch includes 230 wagons designed for the Chinese-built Standard Gauge Railway line a...