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OK Zimbabwe Navigates Challenges, Sees Growth Despite Volume Decline

OK Zimbabwe Navigates Challenges, Sees Growth Despite Volume Decline

Zim Now WriterOK Zimbabwe released its trading update for the third quarter ended December 31st, 2023, highlighting a complex operating environment marked by currency depreciation and regulatory compl...

By Eddie Zvinonzwa •
Duty-free imports strain Hippo Valley sugar sales

Duty-free imports strain Hippo Valley sugar sales

Hippo Valley Estates CEO, Aiden MhereAudrey GalawuHippo Valley Estates recorded a share of the total industry sugar sales volume of 295 382 tons compared to 318 352 in 2022.Total industry sugar sales...

By Eddie Zvinonzwa •
Zim investment firm guns for New York markets

Zim investment firm guns for New York markets

Philemon  JambayaLocal financial services firm, Bard Santner, has expanded its reach with a new branch in New York City’s financial district, a move expected to benefit Zimbabwe’s economy by facilitat...

By Eddie Zvinonzwa •
Cholera crisis presents opportunity for SADC commitment to sustainable development

Cholera crisis presents opportunity for SADC commitment to sustainable development

 Nyashadzashe NdoroPrompted by the increasing statistics, on February 2 this year, the Southern Africa Development Committee governments held Extraordinary Summit to discuss how to suppress the contin...

By Monica Cheru •
Farmers Gear Up for Promising Tobacco season

Farmers Gear Up for Promising Tobacco season

Philemon JambayaTobacco farmers are buzzing with anticipation as the 2024 marketing season kicks off next month. With high-quality crops nurtured despite challenging weather conditions, they’re optimi...

By Eddie Zvinonzwa •
Investors Left in Limbo as Legal Battle Looms: First Mutual Life Faces ‘Significant’ Corrective Order

Investors Left in Limbo as Legal Battle Looms: First Mutual Life Faces ‘Significant’ Corrective Order

Zim Now Writer Uncertainty hangs over First Mutual Life Assurance Company and its investors after the Insurance and Pensions Commission issued a “Corrective Order” demanding substantial payments to po...

By Eddie Zvinonzwa •
Zim-Belarus Joint Permanent Commission on Cooperation Inaugurated

Zim-Belarus Joint Permanent Commission on Cooperation Inaugurated

Frederick ShavaZim Now WriterThe Zimbabwe-Belarus Joint Permanent Commission on Cooperation has commenced its opening session, which is being led by Foreign Affairs and International Trade Minister Am...

By Eddie Zvinonzwa •
Willdale mulls changing transactional currency

Willdale mulls changing transactional currency

Audrey GalawuWilldale Limited said the company is contemplating a change in functional currency to the United States dollar in view of the increased ratio of transaction conducted in US dollars.Despit...

By Eddie Zvinonzwa •
Electrifying Injustice: Discrimination Claims Spark as Kariba Residents Lack Power

Electrifying Injustice: Discrimination Claims Spark as Kariba Residents Lack Power

Nyashadzashe NdoroLawmakers in Zimbabwe raised concerns this week about the lack of electricity in rural areas surrounding Kariba Dam, the country's main source of energy. They highlighted the situati...

By Eddie Zvinonzwa •
Hippo Valley Struggles in Zim’s Tough Economic Climate

Hippo Valley Struggles in Zim’s Tough Economic Climate

Nyashadzashe NdoroHippo Valley Estates Limited, a Zimbabwean sugar processor, painted a bleak picture of their 2023 operations, citing a challenging business environment marked by high inflation, vola...

By Eddie Zvinonzwa •