Mishma Chakanyuka, Staff Writer

Capacity expansion lifts Dairibord volumes

DAIRIBORD Holdings (Dairibord) recorded 26 percent volume growth in the first quarter ended March 31, 2026, driven by capacity expansion, stronger domestic demand and improved product availability across key categories. In a trading update, the dairy processor said it achieved double-digit growth across all core product segments as investments in production capacity and route-to-market optimisation…

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HDC urges tax cuts as global conflicts disrupt trade

THE Horticultural Development Council (HDC) has urged the government to ease cost pressures on horticultural growers and exporters by providing tax relief and reducing levies, as global conflicts continue to disrupt trade. Rising freight costs caused by international conflicts, particularly the war involving Iran and continued disruptions to Middle Eastern airspace, are placing severe strain…

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Prioritise impact investing, pension funds told

THE government has urged the pension industry to prioritise investing in sectors that drive national growth while delivering inflation-hedged returns for pensioners. Zimbabwe’s pension industry remains heavily concentrated in real estate and quoted equities, which have historically accounted for about 70 percent of total industry assets. Speaking at the 2026 Zimbabwe Association of Pension Funds…

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CTC calls for textiles funding

THE Competition and Tariff Commission (CTC) says the government should establish a funding facility for the textile industry to encourage the production and up­take of local content. This comes as the Ministry of In­dustry and Commerce engages the sector on implementing the Local Content Development Strategy 2026–2035. In an interview with The Financial Gazette, CTC…

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Ariston eyes tech-driven growth

ARISTON Holdings (Aris­ton) is investing in tech­nology-enabled farming and value-addition initiatives to improve competitiveness and pro­tect margins amid rising costs and operational challenges. In a trading update for the first quarter ended December 31, 2025, the group said the domestic oper­ating environment remained dif­ficult as input costs and broader economic pressures continued to weigh on…

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Counterfeit oilseeds hurt production

COUNTERFEIT seeds and delayed government pay­ments to seed farmers are hurting the oilseed industry, re­sulting in lower yields, the Oil Seeds Association of Zimbabwe (OSAZ) has said. This comes as the country’s oilseed sector is undergoing a major shift aimed at reducing its heavy reliance on imported crude vegetable oil and achiev­ing domestic self-sufficiency. The…

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Afdis expands capacity investment

AFRICAN Distillers (Afdis) invested US$4,4 million in plant modernisation during the year ended March 31, 2026, to improve efficiency, expand capacity and sup­port rising demand across its product portfolio. The country’s largest spirits maker said the capital expenditure was directed towards upgrading plant and equipment amid intensified market competition. “These investments strengthened the operating plat­form…

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ZimTrade calls for modernisation in horticulture

ZIMTRADE has called for investment in modern agricultural value chain systems to meet the demand for horticultural products from the Chinese market. This comes as China recently granted a zero-tariff treatment to 53 African countries, including Zimbabwe, through its Zero-Tariff Regime, effective from the start of this month. The initiative is designed to dismantle traditional trade…

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Tight liquidity weighs on IDBZ

THE Infrastructure Development Bank of Zimbabwe (IDBZ) says the prevailing tight liquidity con­ditions and high interest rates impacted the bank’s resource mobilisation efforts leading to delays in the completion of projects. The Reserve Bank of Zimbabwe has for almost two years kept the policy rate at an incredible 35 percent in order to manage inflation,…

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Fidelity targets underserved markets

FIDELITY Life Assurance (Fidelity) is targeting un­derserved and marginalised segments of the economy, to expand its market base and drive growth amid rising demand for financial security solutions. The insurer said growth in 2026 will hinge on deep­ening its value proposition by offering solutions that re­spond to increasing demand for financial protection. “Central to this…

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