finance

New 100MW plant for Kwekwe

THE Zimbabwe Energy Regulatory Authority (Zera) has received an application from Union Peak Thermal Zim (Private) Limited to construct a 100-megawatt (MW) coal-fired thermal power plant in Kwekwe, Midlands province. In a notice yesterday, Zera confirmed the company was seeking a licence to construct, own, operate, and maintain the facility. The power generated would be…

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‘Construction boom fuels cement shortages’

AUTHORITIES say the ongoing construction boom has nearly tripled cement demand since 2017, triggering acute nationwide shortages. The cement supply tightened in recent weeks, with major domestic producers grappling with widespread clinker shortages and unexpected plant failures that have constrained output. The Ministry of Industry yesterday reported that the demand for cement had nearly tripled…

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Commission probes bottled water firms

THE Consumer Protection Commission (CPC) is investigating bottled-water manufacturers to ensure strict compliance with safety standards amid a surge of bogus companies. This comes as the country continues to witness a surge in bogus companies bottling and distributing water without proper certification. It also comes as the CPC says it has prosecuted close to 2…

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CCZ to launch anti-counterfeit scanner

THE Consumer Council of Zimbabwe (CCZ) is preparing to launch a mobile phone-based platform that will allow shoppers to verify product authenticity instantly, an important step in tackling counterfeit and substandard goods. Zimbabwe has recorded a surge in fake products, ranging from food and beverages to household items, many of which are illegally imported or…

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Unifreight forecasts record revenue

UNIFREIGHT Africa (Unifreight) says its revenue for the year is on course to hit record levels after posting a 19 percent increase in the third quarter ended September 30, 2025, on solid performance from new business units. The establishment of two new strategic business units (the 4PL logistics brokerage and a dedicated Cross-Border transport division)…

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CTC probes toothpaste imports

THE Competition and Tariff Commission (CTC) is finalising a safeguard investigation into rising imports of toothpaste after a local manufacturer complained last year, a senior official has said. Assistant director for tariffs, Cicilia Mashava, said the probe began after Merken, a domestic producer of Merken-branded toothpaste, sought protection from growing import volumes. “On the toothpaste…

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