ZIMBABWE recorded a decline in gold deliveries in February, with total output falling to 2 568,25 kg from 3 134,35 kg in January.The drop was driven by a significant decrease …
finance
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ZIMBABWE Stock Exchange-listed diversified company, TSL has pulled out of two joint-venture businesses of farming and vehicle rental as it streamlines operations to focus more on its core tobacco handling …
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THE European Investment Bank (EIB Global) and Stanbic Bank Zimbabwe have launched a €20 million credit line, offering tailored long-term loans to small businesses.The credit is designed to stimulate economic …
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Companies & Markets
Nedbank boosts strategic investment in key sectors
by Staff Writerby Staff WriterNEDBANK has announced plans for substantial investment in Zimbabwe’s key economic sectors, aiming to expand its portfolio and drive sustainable development.This strategic move responds to Zimbabwe’s evolving economic landscape, which …
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Companies & Markets
Ecobank unveils eco-friendly head office project
by Staff Writerby Staff WriterECOBANK Zimbabwe’s multi-million-dollar head office project in Harare promises to enhance the bank’s operational capabilities while making a significant commitment to sustainability and community development. Ecobank Zimbabwe managing director and …
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THE Forestry Commission is actively pursuing the recovery of nearly US$1,2 million in outstanding lease payments by engaging a debt collection agency.The parastatal generates part of its income through leases …
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MACADAMIA nuts are poised to generate significant income in 2025, driven by high demand ahead of the harvesting season. The crop, set to be harvested in April, is showing improved …
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TSL says it has lined up several initiatives to increase warehousing capacity which are earmarked for completion before the end of October this year. The Zimbabwe Stock Exchange (ZSE)-listed tobacco …
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International News
China targets 5% growth as it reels from Trump tariffs
by Staff Writerby Staff WriterChina has set an economic growth target for this year of “around 5%” and pledged to pump billions of dollars into its ailing economy, which is now facing a trade …
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International News
SA’s largest grocer sees tax hike hitting shoppers
by Staff Writerby Staff WriterThe South African government’s plans to raise value-added tax would scupper a nascent recovery in consumer spending, the chief executive officer of the continent’s largest supermarket chain said. A disagreement …
