October 3, 2024

Carrot cake made with love at Ridge Cafe Highlands

ESHU, the trickster god of the Yoruba of Nigeria, is in essence a benevolent and protective spirit. Thought to be responsible for the good changes in life, he can also turn your life upside down if the mood takes him to play disruptive pranks on humanity.…

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October 3, 2024

Top Stories

Currency drop jolts business, economy

LAST Friday’s steep devaluation of the ZiG and the country’s soaring inflation have spooked skittish investors, heightening concerns about the future of the new currency and the health of the economy going forward. (more…)

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October 3, 2024

National Report

Natfoods sees higher factory costs

NATIONAL Foods Holdings (Natfoods) says all-in monthly operating costs increased by six percent following the value-added-tax (VAT) changes on basic foods at the start of the year. (more…)

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October 3, 2024

Companies & Markets

Innscor’s US$160m capex bet pays off

INNSCOR Africa (Innscor) has significantly boosted volumes across its major business units in the just-concluded fiscal year to June 30, 2024, and is now beginning to realise the benefits of its US$160 million investment in capacity expansion over the last three years. (more…)

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October 3, 2024

Top Stories

Push for currency board stepped up

INDUSTRY leaders are intensifying their push for the establishment of a currency board, as Zimbabwe continues to grapple with exchange rate distortions that are destabilising the economy. (more…)

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October 3, 2024

Opinions

Forex system: We are not there yet

ZIMBABWE'S recent devaluation of its gold-backed currency, the ZiG, has highlighted the need for a more stable and transparent foreign exchange system. (more…)

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October 3, 2024

Companies & Markets

EcoCash enhances local procurement

ECOCASH Holdings Zimbabwe (EcoCash) more than doubled its spending on local suppliers of goods and services to ZWL665 billion -mainly small to medium businesses, as part of its efforts to grow the sector. (more…)

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October 3, 2024

Top Stories

Zimbabwe lithium output drops 5,9 pct in Q2

THE country’s lithium production decreased 6,9 percent to 884 860 metric tonnes (mt) during the second quarter of 2024 compared to 940 138 mt recorded in the first quarter of the year, latest data shows. (more…)

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October 3, 2024

Top Stories

Inflation worsens Zimbabwe food insecurity

AS THE lean season deepens, Zimbabweans are facing a growing food crisis, exacerbated by soaring prices and a decline in incomes, a new report shows. (more…)

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October 3, 2024

Top Stories

Stern warning for speculators

PRESIDENT Emmerson Mnangagwa has issued a stern warning to currency speculators in Zimbabwe, emphasising that steps were being taken to curb the resurgence of parallel market activities. (more…)

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October 3, 2024

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