THE government says it will make provision in the 2027 national budget and subsequent budgets to fully activate Zimbabwe’s membership of the New Development Bank (NDB) of BRICS. This, the authorities say, is aimed at unlocking financing by meeting membership instalments as they fall due and aligning the payment schedule with the budget cycle. This…
THE Agricultural and Rural Development Advisory Services (ARDAS) has called for wider adoption of climate-smart farming practices, including scaling up conservation farming, to help farmers withstand forecast El Niño-induced dry spells. The call comes as the Meteorological Services Department and agricultural authorities have warned of an 88 percent to 94 percent probability of an El…
TIGERE Real Estate Investment Trust (REIT) says blue-chip hardware tenants are increasingly occupying retail space, driven largely by their role in the country’s construction boom. Major real estate funds are actively targeting top-tier retail brands such as Electrosales and TM Pick n Pay as stable, long-term blue-chip anchor tenants for commercial hardware and retail properties.…
THE government plans to expand mineral exploration next year by leveraging technology to grow the country’s resource base and attract fresh investment. In his 2027 Budget Strategy, Finance minister Mthuli Ncube said the government would modernise geological data systems, undertake systematic geological mapping and surveys, and use technology to identify new mineral deposits. “Attention will…
CALEDONIA Mining Corporation (Caledonia) has uncovered a previously unrecognised gold zone at its Blanket Mine, with the near-surface mineralisation potentially opening the way for a low-cost heap leaching operation. The discovery, comprising oxide and sulphide mineralisation, emerged from a surface exploration programme launched in 2025 targeting the Banded Iron Formation (BIF) that trends north-northwest through…
THE Zimbabwe Association of Dairy Farmers (ZADF) remains confident it will achieve its 10 percent growth target despite the threat of an El Niño weather condition expected in the 2026/27 agricultural season. Zimbabwe is preparing for a possible El Niño, which could bring below-average rainfall, severe drought and prolonged heatwaves. In an interview with The…
BRITISH American Tobacco Zimbabwe (BAT) has upgraded to energy-efficient lighting and vacuum pump systems as part of efforts to optimise energy use and reduce its environmental footprint. The group is targeting to reduce its energy costs and improve overall business profitability. In its 2025 annual report, the group said its energy management strategy is anchored…
GENERAL Beltings (GB) says it will strengthen strategic partnerships and critical skills retention programmes to remain competitive and take advantage of the African Continental Free Trade Area (AfCFTA). The AfCFTA connects more than 1,4 billion people across the continent through unfettered market access, creating one of the world’s largest free trade areas. The group, which…
THE Deposit Protection Corporation (DPC) says changes to its commission statute will introduce civil penalties for non-compliant institutions and their directors, strengthening enforcement of the corporation’s laws and regulations. The Deposit Protection Corporation Amendment Bill establishes a dedicated insolvency and crisis management framework for banking institutions, addressing a legal gap left by the Insolvency Act.…
SEED CO International says it is leveraging its expanding market presence, strong brand and climate-smart seed portfolio to drive growth. This comes as the regional seed supplier has been making inroads into the east and west African markets. In a statement accompanying its financial results for the year ended March 31, 2026, Seed Co chief…
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