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…
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…
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…
TEENAGE golfer Munesu Chimhini made history at Borrowdale Brooke Golf and Country Club yesterday after becoming the first local to win the First Capital Bank Zimbabwe Junior Open title. Chimhini,…
Jewellers have long used a simple mechanism to protect themselves against volatile gold prices – borrow the precious metal rather than buy it outright. It’s a trick with origins in…
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…
Michelle Munyanduki I HAD some time to digest the Reserve Bank of Zimbabwe (RBZ)’s statement of March 16, 2026 regarding the exclusive payment of public sector contractors and suppliers in…
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…
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…
Chinese exporters are beginning to lift prices on everything from swimsuits to air conditioners as the Iran war drives up oil-linked input costs, signaling that global consumer inflation is likely…
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