finance

Local manufacturing receives boost

Advertisements THE government is strengthening policy instruments to capacitate the manufacturing sector in 2026, with a renewed focus on boosting local production, improving capacity utilisation, and reducing reliance on imports where domestic capability exists.Advertisements This comes after authorities set guidelines for industry players seeking to access the ZiG100 million Industrial Development Fund (IDF), as the…

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MMCZ eyes US$3,5 billlion revenue in 2026

Advertisements THE Minerals Marketing Corporation of Zimbabwe (MMCZ) has set a revenue target of US$3,5 billion for 2026, driven by a recovery in battery metals and a structural supply deficit in the platinum group metals (PGMs) sector.Advertisements The projection comes as MMCZ recorded a strong sales performance for the financial year ended December 31 2025,…

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Freda Rebecca ‘unrest’ continues

Advertisements POLICE have once again descended on Botha Gold Mine, in what stakeholders are describing as an alarming escalation of coercive tactics, allegedly assisting representatives of Freda Rebecca Gold Mine to erect fencing on private mining property amid an unresolved civil dispute.Advertisements According to multiple sources on the ground, officers are currently at the mine…

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ZITF offers rural industry boost

Advertisements THE Zimbabwe International Trade Fair (ZITF) has rolled out targeted incentives aimed at boosting participation by new exhibitors and rural-based industries, as preparations for the 66th edition of the premier trade showcase gather pace.Advertisements The incentives were announced during a visit by the minister of Industry and Commerce, Mangaliso Ndhlovu, who was briefed on…

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RBZ touts value addition

Advertisements THE Reserve Bank of Zimbabwe (RBZ) has urged industry to maximise value addition and boost exports to sustain growth in foreign currency receipts.Advertisements Zimbabwe’s foreign currency earnings rose by 21,8 percent to US$16,2 billion in 2025, up from US$13,3 billion the previous year, buoyed by favourable commodity prices. This marks the highest performance the…

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AMA to audit cotton crop data

Advertisements THE Agricultural Marketing Authority (AMA) will carry out a nationwide validation of the cotton crop to generate reliable data and help stabilise a sector long unsettled by inaccurate estimates.Advertisements The move follows high-level discussions with contractors, buyers, ginners and other stakeholders to review the crop and agree on measures to ensure a transparent and…

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