BRITISH American Tobacco Zimbabwe (BAT) recorded depressed volume sales during the six months ended June 30, 2025, due to liquidity constraints and high interest rates that dampened consumer spending in the domestic market.The Reserve Bank of Zimbabwe (RBZ)’s grip on money supply, while effective in stabilising inflation and taming exchange-rate pressures, has inadvertently weakened consumer…
By Eddie Cross I HAVE often told foreign diplomats who are assigned to serve their countries in Zimbabwe and to visiting specialists, that we specialise in confusing foreigners. But this confusion is found even among our own people and government. So here I am going to try and unpack this issue.Our economy has three main…
ZIMBABWE’s economic recovery is being weighed down by two unresolved burdens, an unsustainable debt profile and a currency regime that continues to inspire more scepticism than confidence.While there have been commendable efforts at containing inflation and introducing a structured currency, these measures are far from sufficient in the absence of a comprehensive and credible strategy…
PASSENGER traffic through Zimbabwe’s airports reached 1,59 million in the first eight months of 2025, a 9,8 percent increase from 1,45 million recorded during the same period in 2024, the latest figures show.International traffic led the rebound, rising 10,2 percent from 1,26 million last year to 1,38 million passengers this year.The growth underscores the continuing…
THE 2025 Mining, Engineering, and Transport Expo (Mine Entra) started in Bulawayo yesterday, with President Emmerson Mnangagwa expected to officially open the event.Running concurrently with the Africa Infrastructure and Built Environment Conference and Expo, the dual events attracted 240 exhibitors. This includes 16 international exhibitors representing China, India, South Africa, and the United Kingdom.“Exhibitors span…
TWINE and Cordage Group, an agro-processing company, is pursuing a fresh growth path to reclaim its place as a leading player in regional manufacturing.Its turnaround strategy hinges on technology upgrades, operational efficiency, and new strategic partnerships. Chief executive Terrence Chimanya said the company’s five-year plan, “Project Phoenix”, is designed to revitalise operations, raise production, and…
PROPLASTICS has announced a US$1,5 million capital expenditure programme for the remainder of the year after it posted a US$348 million profit during the six months to June 30, 2025 on improved volumes and cost cuts.This enabled the group to overturn the previous half-year loss of US$71 875.On capital investment, Proplastics incurred US$121 076 in…
CONSTRUCTION firm Masimba Holdings (Masimba) is aiming to dilute the share of state projects on its topline to at least 60 percent from around 90 percent by growing the private sector order book.To achieve this, the group seeks to diversify its operations into mining, housing and commercial buildings.Historically, Masimba has been a major player in…
PPC Zimbabwe and property development firm Transvaal Africa, which intends to acquire the former’s vacant Arlington land, have agreed to consolidate all milestone events necessary for the transaction to be completed by February 2027.The transaction for the approximately 418 hectares of land is valued at US$30 million.“Shareholders are advised that to facilitate the conclusion of…
THE country’s trade in goods shifted to a US$7 million surplus in August 2025, marking a significant turnaround from the US$10,2 million deficit recorded in July, latest data shows. According to the latest data released by the Zimbabwe National Statistics Agency (ZimStat), the positive shift in the trade balance was primarily fuelled by a notable…
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