THE Zimbabwe National Chamber of Commerce (ZNCC) has called on Harare to strategically balance its ambitious industrialization drive with sustainable practices. ZNCC President Tapiwa Karoro emphasized that while industrialisation holds immense potential for transforming the country’s economy, sustainability must remain a core consideration. “As we talk about industrialization, sustainability is of utmost importance,” Karoro said.…

ZIMBABWE’S dairy sector, despite achieving remarkable growth in milk production, is struggling to access the working capital needed for further expansion and efficiency improvements. The Zimbabwe Dairy Industry Trust chairperson, Themba Mutsvairo, emphasised the need for long-term financing options. “Currently, the buyer-willing seller system is no longer providing adequate foreign currency to the processors to…

GLOBAL borrowing costs – of between eight to 12 percent – have impacted Zimbabwe’s economy to a point of compounding its debt situation, officials say. This comes as recent statistics released by the Finance ministry have shown that total public and publicly guaranteed debt has jumped to US$21 billion in 2023 – as compared to…

AS Zimbabwe continues to grapple with the effects of recurrent droughts exacerbated by climate change, the government has intensified efforts to boost irrigation development. According to the mid-term review, treasury expended ZiG19,6 million towards irrigation development during the first six months of the year, with a target to achieve 6 864 hectares by December 2024.…

ZIMBABWE’S energy sector is grappling with significant challenges, notably rolling blackouts that leave citizens in the dark for up to 18 hours a day. Yet, the nation possesses largely untapped renewable energy potential, a paradox that the Zimbabwe Energy Regulatory Authority (ZERA) is determined to address. In an exclusive interview with our reporter, Almot Maqolo…