ZITF offers rural industry boost

THE Zimbabwe International Trade Fair (ZITF) has rolled out targeted incentives aimed at boosting participation by new exhibitors and rural-based industries, as preparations for the 66th edition of the premier trade showcase gather pace. The incentives were announced during a visit by the minister of Industry and Commerce, Mangaliso Ndhlovu, who was briefed on the…

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RBZ touts value addition

THE Reserve Bank of Zimbabwe (RBZ) has urged industry to maximise value addition and boost exports to sustain growth in foreign currency receipts. Zimbabwe’s foreign currency earnings rose by 21,8 percent to US$16,2 billion in 2025, up from US$13,3 billion the previous year, buoyed by favourable commodity prices. This marks the highest performance the country…

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AMA to audit cotton crop data

THE Agricultural Marketing Authority (AMA) will carry out a nationwide validation of the cotton crop to generate reliable data and help stabilise a sector long unsettled by inaccurate estimates. The move follows high-level discussions with contractors, buyers, ginners and other stakeholders to review the crop and agree on measures to ensure a transparent and stable…

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Diesel use hits 1,47 billion litres in 2025

ZIMBABWE’s fuel consumption continues to trend upwards, supported by improved economic activity. Latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows that diesel consumption increased by 31 percent to 1,47 billion litres in 2025, up from 1,12 billion litres in 2024. Petrol consumption also increased by 25 percent, expanding from 568,75 million litres in…

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TSL’s revenue surges to US$45,6 million

TSL recorded a 24 percent increase in revenue to US$45,6 million during the year ended October 31, 2025, from US$36,8 million in the comparable period, driven by improved volumes across all business units. The diversified firm’s earnings before interest, tax, depreciation and amortisation increased by 70 percent to US$19,3 million during the year under review,…

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IMF, Zim reset debt talks

THE International Monetary Fund (IMF) is in the country for a week-long mission to engage Harare in a Staff-Monitored Programme (SMP) aimed at resolving Zimbabwe’s long-standing external debt arrears. The mission comes at a time when Zimbabwe’s total public and publicly guaranteed (PPG) debt stood at about US$23,4 billion by late 2025, with external liabilities…

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Zimra revenue target ‘attainable’

BAKER Tilly says it is confident that the Zimbabwe Revenue Authority (Zimra) will meet its 2026 revenue collection target of US$9,4 billion. The government has set a total revenue target of ZiG288 billion this year, equivalent to approximately US$9,4 billion, representing 16,9 percent of gross domestic product (GDP). This target forms part of a near-balanced…

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