WEAKER than expected tobacco auction floor prices have dampened farmers’ hopes of translating this season’s high output into meaningful earnings.Advertisements Experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said this week that increased global supply, subdued demand, limited buyer competition and…
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.Advertisements 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…
HR Perspective with MEMORY NGUWI PERFORMANCE management is one of the most talked about management practices in organisations today, yet it is also one of the most misunderstood and poorly…
THE government’s swift acknowledgement of growers’ frustrations over subdued tobacco auction prices is both welcome and worth noting.Advertisements For a crop that remains Zimbabwe’s largest agricultural export earner, sustaining hundreds of thousands of rural households, weak prices strike at the heart of livelihoods, confidence and broader economic stability. Agriculture Minister Anxious Masuka deserves credit for…
GODFREY NYONI WEBSITES have changed significantly over the years. In the early days of the internet, websites were simple digital pages that displayed information with very little interaction. Today, websites…
FIRST Mutual Properties (FMP) is set to delist from the Zimbabwe Stock Exchange (ZSE) in July 2026 following a cash buyout offer from its majority shareholder, First Mutual Holdings (FMH).Advertisements The proposed transaction involves an offer to acquire up to 360,944,355 ordinary shares, representing approximately 29,2 percent of the company’s issued share capital held by…
Bothwell P. Nyajeka LAST week I attended an event in Salima, on the shores of Lake Malawi, where one of the speakers reflected on the concept of entropy. In simple…
INCREASED uptake of locally produced goods and stronger support for domestic manufacturers are critical in protecting Zimbabwe from global economic shocks, according to the Ministry of Industry.Advertisements This comes as there have been supply chain disruptions triggered by the Russia-Ukraine conflict, which affected access to raw materials. More recently, tensions between Iran and Israel have…
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it is on track to meet and potentially exceed its annual revenue projection of US$3,5 billion following a record performance in the first quarter of 2026.Advertisements Data released by the MMCZ shows that total mineral sales for the first three months reached 1,288,761 metric tonnes, generating a…
DELTA Corporation’s revenue reached US$1,09 billion for the year ended March 31, 2026, a 35 percent increase over the prior year, driven by strong volume growth, improved product and pricing mix.Advertisements The beverage manufacturer said the proportion of domestic sales denominated in foreign currency was 94 percent for the full year, an increase from 80…
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