TSL is engaging green financiers to fund a biogas-powered curing facility expected to significantly reduce energy consumption and ease costs in the tobacco sector as well as generate revenue from carbon credits. This comes as a twin-turbo tobacco curing barn system, developed by local firm, Mamsen Engineering underwent successful testing in 2019 at Kutsaga Research…
PRESIDENT Emmerson Mnangagwa says the Mines and Minerals Amendment Bill is expected to be finalised during the current session of Parliament. The Bill, gazetted in June this year, is a comprehensive reform to modernise mining laws, which will replace the 1961 Act. Some key provisions of the Bill include restructuring the Mining Affairs Board, establishing…
ACCESS Forex, one of Zimbabwe’s leading remittance and money transfer service providers, has embarked on a strategic restructuring process aimed at streamlining operations and strengthening its focus on its core…
UNKI Mine’s platinum group metal production declined by eight percent to 57,500 ounces in the third quarter ended September 30, 2025, primarily due to the anticipated lower ore grades in the current mining area.Unki’s parent company, Valterra Platinum, formerly Anglo-American Platinum, said lower production at its Zimbabwean operation and at Mototolo and Amandelbult in South…
ONE of National Tyre Services (NTS) major shareholders, Radun Investments (Radun), is offering to snap up outstanding shares from minorities ahead of the tyre retailing company’s plans to delist from the Zimbabwe Stock Exchange (ZSE). Radun, which currently holds approximately 28,55 percent in NTS, only behind UKATL with 34,22 percent, is offering to acquire 94…
THE Cabinet has approved the establishment of a new inter-ministerial committee on intellectual property (IP), aiming to centralise and strengthen the nation’s handling of intellectual property rights. Its primary mandate will be to advise the government on all IP matters and ensure Zimbabwe adheres to its obligations under various regional and international IP instruments. Minister…
THE engineering, iron and steel industry has urged the government to introduce export incentives and remove trade barriers so it can take advantage of new production capacity that could soon exceed local demand.Industry leaders say the absence of export incentives has rendered the sector uncompetitive, causing export earnings to fall and regional market share to…
AS FOREIGN tech giants tighten their grip on local markets, concerns are mounting over unfair pricing, data exploitation and the use of market dominance to edge out Zimbabwean start-ups.Zimbabwe’s competition regulator is now taking a proactive approach to overseeing foreign digital platforms to protect consumers and ensure fair competition for local businesses.Competition and Tariff Commission…
ZIMBABWE’s infrastructure development drive will take centre stage next month when government officials, business leaders, and experts converge in Nyanga for the Annual Zimbabwe Infrastructure Summit and Awards.The premier gathering focused on accelerating national development through innovation and investment will run from November 2 to 5, 2025 and will be held under the theme “Building…
THE Small and Medium Enterprises (SME) sector has been urged to adopt credit ratings to improve access to capital finance from banks and investors.In an interview with The Financial Gazette, International Credit Rating Agency (ICRA) chief executive, Ephraim Chawoneka, said there was a need to raise awareness within the SME sector about the governance and…
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