ZIMBABWE has recorded a fourfold increase in Liquefied Petroleum Gas (LPG) consumption since 2015, with 2024 marking the highest level yet at 77,43 million kilograms (kgs), according to the latest …
finance
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THE Treasury has injected US$7,5 million and ZiG100 million into the Grain Marketing Board (GMB) to pay for wheat deliveries, marking a significant boost for the agricultural sector.This latest disbursement …
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THE Ministry of Environment says Zimbabwe requires approximately US$10,31 billion to implement its climate adaptation actions between 2023 and 2030.The funding gap underscores the urgency of securing substantial funding to …
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INVICTUS ENERGY Limited this week Monday announced that the Zimbabwe Environmental Management Agency (EMA) had approved the Environmental Social Impact Assessment (ESIA) for pilot prodPilot production activities include the Eureka …
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Agro-industrial firm CFI Holdings (CFI) says its margins remain under immense pressure due to unfavorable pricing on the formal retail space compounded by higher prices for raw materials.Government regulations for …
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Companies & Markets
Liquid Technologies makes executive appointments
by Staff Writerby Staff WriterLIQUID Intelligent Technologies has appointed Wellington Makamure as the chief executive for Rest of Africa and Latin America and Lorreta Songola as the chief executive for its Zimbabwe unit, effective …
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SHAREHOLDERS of Truworths Zimbabwe are set for a crunch meeting on February 25, 2025 to decide on the adoption of a business rescue plan, the company has announced.The main agenda …
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ZIMBABWE’S economic activity has started recovering after the El Niño-induced drought.Growth slowed from 5,3 percent to an estimated 2 percent in 2024, as the drought lowered agricultural output by 15 …
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THE plea by retailers for a dedicated ring-fenced financing facility is not merely a request for relief but a crucial intervention necessary to safeguard an industry teetering on the brink …
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THE Reserve Bank of Zimbabwe (RBZ)’s downward review of foreign currency retention thresholds for exporters by five percentage points could compromise the viability of exporting companies, agro-industrial concern, Tanganda Tea …