Cost pressures erode dairy farmers’ margins

ZIMBABWE’S dairy sector is battling a viability crisis as production costs have scaled up, nearing average producer price of 68 cents per litre. This is despite a resilient first quarter 2026 performance supported by good rains and improved extension services. The Financial Gazette staff writer Almot Maqolo (AM), spoke to Zimbabwe Association of Dairy Farmers (ZADF) chairperson…

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ZITF yields record US$600 million business windfall

THE 66th Zimbabwe International Trade Fair (ZITF) generated over US$600 million in transac­tions, underscoring its role as a key investment driver in the country, the minister of Industry, Mangaliso Ndhlovu, has said. Delivering a post-event briefing yesterday following the week-long showcase held in Bulawayo from April 20 to 25, Ndhlovu said this year’s edition exceeded…

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Analysts urge ‘hold’ on gold stocks

INVESTORS should hold onto domestic gold mining stocks despite recent global price volatility, which was “only a temporary market dislocation, not weakening fundamentals,” investment analysts at FBC Securities have said. The call comes after a sharp decline in global gold prices in March sent panic waves in some international equity markets and weighed on gold-linked…

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RBZ eyes sustained FX inflow growth

ZIMBABWE’s foreign currency receipts will continue on an upward trajectory throughout 2026, supported by strengthening international mineral prices and consistent remittance inflows, according to the Reserve Bank of Zimbabwe (RBZ). The outlook follows a 54,1 percent increase to US$4,97 billion in foreign currency earnings during the first quarter of 2026, compared to US$3,22 billion in…

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NicozDiamond targets tech-driven growth

NICOZDIAMOND Insurance plans to leverage technology to enhance product and service innovation to drive growth, amid a marked sectoral shift towards affordable cover for the informal market. In a statement accompanying the group’s financial results for the year ended December 31, 2025, chief executive David Nyabadza said the strategy is aimed at strengthening client relationships…

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New investment licences decline

THE Zimbabwe Investment and Development Agency (Zida) issued 146 new licences in the first quarter of 2026, down 32,2 percent year-on-year, as stricter regulations and seasonal factors slowed approvals, particularly in reserved sectors. The decline in new licences is from a prior comparative period of 214 licenses. “During the quarter under review, the agency recorded…

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