News Editor THE Tobacco Industry and Marketing Board (TIMB) is urging farmers to diversify into other commercial enterprises after a tobacco marketing season that fell short of expectations, arguing that relying on a single crop exposes growers to mounting market and climate risks. This comes as this year’s marketing season winds down with tobacco sales…
BRITISH American Tobacco Zimbabwe (BAT) has upgraded to energy-efficient lighting and vacuum pump systems as part of efforts to optimise energy use and reduce its environmental footprint. The group is targeting to reduce its energy costs and improve overall business profitability. In its 2025 annual report, the group said its energy management strategy is anchored…
GRAIN deliveries to the Grain Marketing Board have surged 139 percent this year, driven by increased output and contributions from the Agricultural and Rural Development Authority, the latest official figures show. Speaking during a post-cabinet meeting this week, Information minister Zhemu Soda said strategic grain stocks held by the parastatal stood at 227 338 metric…
A Matter of Taste with Charlotte Malakoff THE warm heart of Africa seems to have suffered a total eclipse, as thousands of Nigerians, Ghanaians, Malawians and Zimbabweans, targeted in South…
Kudzanai Gerede Companies and Markets Editor THE government has begun preparing for negotiations with China to extend a two-year zero-tariff trade arrangement covering Zimbabwean exports beyond its April 30, 2028, expiry. Information minister Zhemu Soda this week Tuesday told journalists in a post-Cabinet briefing that the government had already initiated internal processes ahead of talks…
ZIMBABWE’S government is increasingly relying on consumption tax after Value Added Tax (VAT) brought in ZiG19,3 billion in the first quarter of 2026, up 52,6 percent from ZiG12,7 billion a year earlier. VAT accounted for 29,9 percent of total government revenue, up from 24,9 percent the previous quarter. No other tax head comes close. VAT…
THE inaugural Zimbabwe Future Capital Forum (ZFCF) is set to take place in Harare next month with the aim of connecting investors, banks and asset managers with bankable projects. ZFCF will run alongside the sixth ZimReal Property Investment Forum on August 26. The event is expected to attract more than 400 delegates from over 100…
ZIMBABWE’S economy could expand faster than previously projected this year, supported by easing inflation, a strong mining sector and continued economic reforms, the World Bank has said. World Bank country…
Hazel Marimbiza in Bulawayo THIS year’s Mine Entra exhibition will boost efficiency and innovation across Zimbabwe’s mining industry by driving technological adoption, the government has announced. The annual expo comes as the government continues implementing policies aimed at modernising the mining industry to support economic transformation under the National Development Strategy 2 (NDS2) and Vision…
Tapiwa Chirume THE Hospitality Association of Zimbabwe (Haz) has urged banks to establish dedicated financing windows for tourism as preparations for the 2029 Trade Fair accelerate. Speaking at a media briefing in Harare yesterday, Haz president Emmah Kativu said the sector was moving from planning to implementation following a recent joint conference between Haz and…
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