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Zim tobacco industry faces uncertain future amid calls for Reforms
Zim Now WriterAs the 2024 tobacco marketing season approaches, a cloud of uncertainty hangs over the golden leaf industry in Zimbabwe. While the country celebrated a record-breaking 296 million kg har...
Power outages, inflation affecting Willdale progress
Nyashadzashe NdoroBrickmaker, Willdale Limited, says production declined by 16% because of electricity load-shedding leading to sales volumes dropping by 9% in 2023 compared to the prior year.In its t...
Mining attracts 76% of projected investments
Audrey GalawuThe mining sector has continued to draw the most investment, both in terms of number and projected investment value.In its Q4 2023 report, the Zimbabwe Investment and Development Agency r...
Ariana Resources reports progress at Zimbabwe's Dokwe project
Ariana Resources managing director, Kerim Sener Mineral explorer and developer, Ariana Resources, updated the market on the ongoing due diligence programme concerning the Dokwe Gold Project in Zimbabw...
Deloitte Exits Zim: Big Four Firm Sold to Local Partners in Management Buyout
Nyashadzashe NdoroDeloitte Zimbabwe, one of the "Big Four" accounting firms alongside Pricewaterhouse Coopers, Ernst & Young, and KPMGauditing is leaving Zimbabwe.The company has reached an agreement...
Invictus to send samples to US for hydrocarbon composition lab tests
Zim Now WriterInvictus Energy Limited has announced that Initial analysis of the gas samples is anticipated to be completed within the next two weeks.In a statement, Invictus said the samples were sen...
From Mines to Mints: Zim hoards gold to back new currency
Nyashadzashe NdoroThe Zimbabwean governmentâs process of exploring a gold-backed currency as a solution to persistent exchange rate instability and a path towards âsustained growthâ is being complemen...
Byo industries embrace technology innovation to maximise production
Zim Now WriterBulawayo industries are burning the midnight oil, embracing technology and innovation to maximise production.Away from prying eyes, new companies are being borne, breathing life into Zim...
IMF predicts 3% growth deceleration in 2024
Oscar J JekeThe International Monetary Fund has said Zimbabweâs economic growth in 2023 was 5.3% but it is expected to slow down in 2024 by 3% due to drought as well as existing exchange restrictions....
Auditors raise red flag as Nampack hides âother informationâ
Nyashadzashe NdoroIn a move that potentially creates distrust among the investing public, Deloitte and Touche Zimbabwe auditors have failed to come up with a complete opinion on the inflation adjusted...