ZIMTRADE and the Confederation of Zimbabwe Industries have partnered to strengthen the competitiveness of local manufacturers and expand access to international markets.The two organisations recently signed a memorandum of understanding establishing a manufacturing exporters’ initiative to address key constraints facing producers, including high production costs, limited access to finance, standards compliance, logistics and market access.ZimTrade…

 Prisca Tshuma Staff Writer NAMPAK Zimbabwe (Nampak) expects firmer sales volumes in the paper and plastics segments during the final quar­ter of the financial year ending September 30, 2026, supported by a larger tobacco crop and rising packaging momentum. The positive outlook comes after group vol­umes rose four percent in the third quarter year-on-year, driven…

CAFCA Limited (Cafca) reported an eight percent uptick in exports during the nine months to June 30, 2026, mainly driven by a stable monetary environ­ment in the domestic economy which improved trad­ing conditions. The cables manufacturer last year recalibrated its regional strategy, pivoting toward direct busi­ness-to-business (B2B) sales as it sought to revive export earnings,…

TANGANDA Tea Company (Tanganda) is streamlining its operations to improve effi­ciency in resource allocation and utilisation as part of ongoing efforts to turn around the fortunes of the business. The restructuring follows significant governance and executive leadership changes in March this year, following the acquisition of a 27,32 percent stake in the company by Innscor…

HIPPO Valley Estates (Hippo Valley) says it is prior­itising the domestic sugar market, where margins are stronger, as weakening global prices squeeze export profitability. The sugar producer’s local market sales accounted for 93 percent of total sales volumes in the first quarter to June 30, with volumes rising eight percent year-on-year. “The local market continues…

News Editor TREASURY says it will continue pursuing more than US$100 mil­lion in historical tax arrears in­volving two corporates. Finance ministry permanent secretary George Guvamatanga said the disputes involving the entities were based on the existing tax laws and not retrospective changes to legislation. “It needs to be clear that we don’t have a national…

WILLDALE Limited (Willdale) expects the issuance of permits for its remaining land banks in the fourth quarter to unlock fresh funding opportunities to raise production and improve capacity utilisation. The brick maker has been grappling with cash flow challenges in recent years which have dampened pro­duction and dragged growth. In a trading update for the…