CABLE manufacturer Cafca is recalibrating its regional strategy, pivoting toward direct business-to-business (B2B) sales as it seeks to revive export earnings and strengthen its foothold across southern and eastern Africa. The move comes as the firm navigates a complex operating environment marked by currency volatility, intensifying competition and elevated logistics costs, which have collectively eroded…
TANGANDA Tea Company (Tanganda) increased funding for its tea out-growers scheme to US$283 696 for the year ended September 30, 2025, marking a 2,46 percent rise from US$276 864 in the prior year. The diversified agro-industrial group has an excess of 1 000 farmers affiliated to its out-growers scheme. “This assistance directly benefits small-scale farmers…
THE National Social Security Authority (Nssa) has called on companies to integrate safety measures at the design stage of operations to reduce workplace accidents and occupational diseases. Speaking at an engineering workshop on occupational safety yesterday, Nssa chief inspector of factories, Phineas Marunza, said preventing workplace accidents required proactive planning and engineering solutions. “It is…
THE High Court of Zimbabwe has dealt a decisive blow to attempts to halt mining operations in Bindura, striking off an urgent application that sought to shut down activities at…
THE government has released US$32,5 million to wheat farmers to ease financial pressures and sustain agricultural momentum. GMB chief executive Edson Badarai yesterday said the latest disbursement includes ZiG30 million and US$2,5 million recently availed by Treasury, bringing total payments for wheat deliveries to ZiG280 million and US$32,5 million. “This latest funding brings much-needed relief…
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has raised concern over organisations processing personal data without licences. Despite the March 2025 compliance deadline, some entities continue to operate outside the law. In a statement yesterday, Potraz director-general Gift Machengete said all entities were required to regularise their data processing activities with immediate effect…
Markets are underpricing the supply shock stemming from the interruption of oil flows through the Strait of Hormuz. Rates are too low, equities too high and the dollar not strong…
ZB Financial Holdings (ZBFH) has secured a US$12 million credit line from Shelter Afrique to accelerate housing and infrastructure development across Zimbabwe. The facility, disbursed through the group’s banking subsidiary ZB Bank, is earmarked to address the country’s growing housing deficit. The diversified financial institution said the partnership with Shelter Afrique is a milestone in…
THE Mutapa Investment Fund (MIF) says it is implementing systems to strengthen institutional accountability and transparency at the country’s distressed State-Owned Enterprises (SOEs). Appearing before the Parliamentary Accounts Committee, MIF chief executive John Mangudya pledged to end the era of chronic underperformance and fiscal mismanagement within the sector. He noted that the fund is moving…
THE Zimbabwe Tourism Authority is seeking Parliament’s support to harmonise tourism legislation and streamline regulatory frameworks to enhance competitiveness. Appearing before the parliamentary portfolio committee on the Tourism and Hospitality Industry yesterday, the chief executive officer of ZTA, George Manyaya, implored legislators to actively promote tourism as a key economic game changer capable of driving…
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