Advertisements AXIA Corporation’s bedding unit Restapedic is targeting to produce up to 7 000 beds per month in the short-to-medium term, supported by improved capacity following the opening of a new factory last year.Advertisements The division is set to improve its market share amid strong competition from the bourgeoning informal sector. Restapedic moved its operations…
Advertisements TSL is banking on the anticipated tobacco boom this season, driven by a favourable rainfall pattern and robust irrigation infrastructure.Advertisements The Tobacco Industry and Marketing Board has reported a 22 percent increase in the area under irrigated tobacco to an estimated 24 000 hectares, alongside growth in the total planted area to 113 536…
Advertisements CONSTRUCTION industry experts say cement prices are expected to fall below US$6 in the near future as local production increases.Advertisements Zimbabwe recently experienced cement shortages caused by a construction boom that has exceeded local production capacity, plant breakdowns and shortages of raw materials. Prices have surged, prompting the government to issue import licences to…
Advertisements CFI Holdings (CFI) says its retail chain Farm & City Centre (FCC) is set to diversify its product portfolio to reduce reliance on agricultural products and mitigate risk.Advertisements FCC remains the group’s top revenue earner, but its operations are also susceptible to climatic shocks that have become prevalent in recent years, mainly droughts and…
Advertisements ZIMBABWE’s horticultural export earnings rose to US$181,7 million in 2025, driven by strong growth in blueberry exports, recent ZimTrade figures show.Advertisements The statistics indicate that blueberry exports led the growth, increasing by 23 percent in 2025, with production nearing 12 000 tonnes, up from 8 000 tonnes the previous year. “This expansion is bolstered…
ZIMBABWE’S taxation regime and levels are in line with regional trends, as the current revenue collections – at 18 percent – are attributable to “administrative efficiencies and not overtaxation”, Finance…
Advertisements GENERAL Beltings (GB) Holdings expects the continued thermal power infrastructure development programme to offer growth opportunities in the short-to-medium term.Advertisements The group manufactures and distributes chemical and rubber products, including industrial belts used in mining, agriculture, and general manufacturing. This comes as the government, through the power utility, Zimbabwe Holdings, wants to expand the…
The African Export-Import Bank has agreed to lend South Africa an initial $11 billion (R175.6 billion) to ease funding pressures, support infrastructure projects and Black-owned businesses. As much as $8 billion…
Economic reforms and improved growth have lifted African sovereign credit ratings to their highest level in over five years, and the outlook remains positive, according to S&P Global Ratings. Financing…
VARUN Beverages Ltd. (VBL), one of PepsiCo’s largest and globally award-winning franchise bottlers and the second-largest bottler worldwide outside the United States, has announced a major expansion of its food…
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