finance

Heavy fines for tobacco side marketers

THE Tobacco Industry and Marketing Board (TIMB) has introduced heavy penalties for side marketers to maintain transparency and protect the integrity of the sector. Addressing the media ahead of the 2026 tobacco marketing season in the capital yesterday, TIMB inspectorate manager Isaiah Hokonya said the board was tightening its systems to seal loopholes that disadvantage…

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Greenfield projects boom

ZIMBABWE nearly doubled the value of its announced greenfield investments in 2024, emerging as one of the stronger performers in the Common Market for Eastern and Southern Africa (Comesa) bloc, according to the latest report. Greenfield projects are investments where a company builds new operations from the ground up in a foreign country, starting fresh,…

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Companies decry funding strain

LISTED firms say monetary policy has steadied inflation, but liquidity shortages, high borrowing costs and weak consumer spending continue to weigh on their balance sheets. After years of currency chaos and triple-digit inflation, policymakers have delivered what businesses craved, stability. But the cure is proving painful. First quarter updates from listed firms show that policy…

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UK, EU buyers scout Zim horticulture

EIGHT European buyers will be in Zimbabwe this week to scout 11 horticulture firms for potential export deals to international markets. The trade mission, organised by the UK Trade Partnerships (UKTP) Programme, aims to connect local agribusinesses with high-value buyers from the United Kingdom and the European Union. Funded by the British government and implemented…

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