DAIRY farmers must produce more than 37 million litres of milk by end of this year to meet a government target, a goal that now looks unlikely after output for the first 10 months reached just 99,64 million litres, official data shows. Treasury expected total production to hit 137 million litres this year, to make…
ZIMBABWE’S digital payment activity rose in September, with transaction values up 17 percent to ZiG239,91 billion and volumes inching up one percent to 72,19 million, according to central bank data. The surge reflects the growing acceptance of digital transactions across the economy. Real-Time Gross Settlement System (RTGS) values increased 21 percent from ZiG109,47 billion in…
FBC Holdings (FBC) says it is prudently expanding its loan book to minimise risks in a liquidity-tight market after loans and advances reached ZiG10,5 billion in the nine months to September 30, 2025. This comes as the domestic economy has witnessed an increase in appetite for credit at a time some financiers are reluctant to…
ZIMRE Holdings registered a profit of US$13,3 million during the nine months to September 30, 2025, which was 36 percent above the prior year, supported by top-line growth, cost containment and the growth in investment income. Group total income climbed 20 percent to US$76,4 million on the back of the growth in insurance contract revenue,…
NAMIB MINERALS (Namib) announced plans to expand ore milling capacity at its How Mine resource near Bulawayo from 40,500 tonnes to 55,000 tonnes per month, representing a 36 percent increase in throughput capacity. In its latest operational update, the gold producer said it expects the expansion to be operational during the second half of 2026.…
CALEDONIA Mining Corporation Plc (Caledonia) says it is proceeding with the development of its Bilboes gold project, which is projected to yield approximately 200 000 ounces of gold annually once steady-state production is achieved. The Victoria Falls Stock Exchange-listed miner completed the project’s feasibility study. The move signals a major strategic shift aimed at transforming…
CIMAS says Zimbabwe must strengthen health insurance regulations to expand coverage and restore public confidence in the sector. Medical insurance uptake remains low, largely because economic hardships make premiums unaffordable for most households. A lack of trust in insurers, poor service delivery, fraud, and fears that claims will not be honoured have further discouraged many…
THE country is accelerating its shift toward clean coal technologies, with authorities confirming that the transition is expected to take shape before 2030. This comes as the country makes broader efforts to modernise the energy sector and reduce emissions. Speaking in Livingstone, Zambia, yesterday during the 2025 Zimbabwe-Zambia Energy Summit, deputy Energy minister Yeukai Simbanegavi…
AS the country edges towards the launch of its next industrial policy cycle, there is a temptation to be comforted by lofty targets and warm rhetoric. Yet, if the forthcoming strategy is to do more than decorate conference halls, the authorities must confront the hard realities that have repeatedly undermined industrial revival. The years ahead…
SCHWEPPES Africa’s volumes grew seven percent year-on-year during the six months to September 30, 2025, benefiting from the reduction in the sugar surcharge on the cordials in January 2025. The growth was also driven by the improved availability of the Minute Maid juice and water following the restoration of the packaging lines. “Whilst the reduction…
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