ZIMBABWE’S electricity generation rose by six percent in the third quarter of 2025, driven by stronger output at the country’s main thermal plant and improved performance at hydro facilities, according to the latest data. The southern African nation recorded an improved power supply during the period, resulting in fewer hours of load-shedding. In previous years,…
NMB Bank (NMB) says its US$15 million agrobond is attracting firm demand from local farmers during the current summer cropping season and expects it to be fully disbursed by mid next month. The bank recently secured a five-year US$15 million agrobond, which was privately placed with a European fund, earmarked for supporting the agriculture sector.…
WHILE Zimbabwe’s economy grew markedly in 2025, deep structural issues remain a major concern, business leaders say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — they added this week that authorities needed to do more going into 2026 to put the economy on…
ZIMPLOW anticipates that agricultural equipment sales will enhance the group’s overall income, driven by favourable rainfall during the current 2025/2026 summer cropping season. Zimplow has a diverse business portfolio that includes the manufacture, supply, and after-sales service of equipment for the agriculture, mining, and construction sectors. “The tobacco cropping outlook is very good, and we…
EDGARS Stores (Edgars) plans to produce 1,5 million clothing units next year, representing a 275 percent increase from this year’s production of 400 000 units, supported by investments in factory equipment. Before the capacity expansion programme started three years ago, Edgars was producing around 58 000 units annually. The Victoria Falls Stock Exchange (VFEX)-listed clothing…
CABLE manufacturer CAFCA has shifted from using consignment stock deliveries in export markets to a cash-based model to improve cash flow and minimise exposure to foreign debtors. A consignment-based model refers to a system where the owner (consignor) provides goods to a seller (consignee) but ownership remains with the consignor until the items are sold.…
MEIKLES says its TM Pick n Pay supermarkets will be fully stocked in anticipation of heightened festive season demand, supported by strong working capital. In its financials for the six months to August 31, 2025, the group said its TM Pick n Pay supermarkets segment has already seen a marked increase in trading in the…
OK ZIMBABWE’S revenue for the six months to September 30, 2025 slipped 84 percent to US$28,3 million from US$177,4 million prior year due to continued decline in sales volumes. The retailer saw volume sales tumble 83 percent from 139,88 million units in the prior period to 24,23 million units. “The volume decline resulted from a…
FBC Securities says demand for borrowing in Zimbabwe Gold (ZiG) for working capital is expected to continue declining in the absence of stronger pro-ZiG demand policies. Demand for ZiG for working capital remains mixed. While official usage has increased, businesses continue to rely heavily on the United States dollar (USD) because of ongoing operational challenges…
BUSINESSES say the local currency has delivered short-term gains in stability and planning, as many remain sceptical about its durability over the long run, according to a 2025 survey by the Zimbabwe National Chamber of Commerce (ZNCC). This assessment comes as Zimbabwe steadily builds its foreign currency reserves to support the ZiG currency, introduced in…
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