finance

Pea growers eye EU market

ZIMTRADE, the country’s trade development and export promotion organisation, is positioning Zimbabwe’s horticulture farmers to tap into the European Union (EU)’s lucrative pea market.While the global market for peas offers diverse opportunities across continents, ZimTrade says Europe remains the major potential customer for local producers.In its latest newsletter for July, the organisation urged farmers to…

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Potraz plans sector infrastructure upgrade

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is set to embark on a major infrastructure upgrading program to bolster internet connectivity nationwide.In an interview with The Financial Gazette, the Potraz chairperson, Tawanda Zvobgo, said that the strategic endeavour is poised to not only improve connectivity but also foster economic growth by upgrading and…

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Tourism receipts decline to US$202 million

ZIMBABWE’s estimated tourism receipts declined by 16 percent to US$202 million during the first quarter of 2025 compared to US$241 million recorded in the comparable period last year, official figures show.According to the 2025 Mid-Term Budget and Economic Review, tourism receipts dropped both on the international and domestic front.Tourism investments also dropped by 25 percent…

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Agriculture forecast reviewed upwards

THE government has revised upwards the growth forecast for the agriculture sector to 21,1 percent from 12,8 percent touted earlier, following better than anticipated results from the latest crop and livestock assessment.The second round Crop and Livestock and Fisheries Assessment (CLAFA 2) undertaken by the agriculture ministry points to a significant improvement in almost all…

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