WILLDALE’S plant utilisation was at 40 percent during the year ended September 30, 2025, due to working capital constraints that disrupted raw material supply and impacted maintenance work. The brick-making …
finance
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INDEPENDENT accounting and business advisory firm Baker Tilly has welcomed the government’s decision to reduce the Intermediate Money Transfer Tax (IMTT) while increasing Value Added Tax (VAT), saying the measures …
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INNSCOR Africa (Innscor) consumed approximately 10 million litres of diesel during the year ended June 30, 2025 (FY2025), with generator use rising by 66 percent as power outages across the …
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ZIMBABWE has every reason to pause and raise a glass to the return of single-digit inflation. After nearly three decades of price instability, currency collapse and the erosion of purchasing …
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LOCAL alcoholic beverages manufacturer, African Distillers Limited (Afdis), on Saturday brought smiles and celebration to Wadzanai in Shamva thanks to its grand finale draw of Chateau Sow and Reap promotion. …
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THE Zimbabwe U-19 men’s cricket team suffered a humbling defeat at the hands of India, slipping to a 204-run loss in their ICC U19 Men’s Cricket World Cup Super-Six match …
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International News
Dangote appoints MTN CEO to fertiliser unit board with IPO plans
by Staff Writerby Staff WriterDangote Industries, owned by Africa’s richest man, appointed MTN Group Chief Executive Officer Ralph Mupita to the board of its fertiliser business as it prepares to expand and list the …
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ZIMBABWE is developing a fresh foreign policy strategy to navigate an increasingly volatile and evolving global geopolitical and economic landscape. This shift aligns with the government’s ongoing thrust toward economic …
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THE Zimbabwe Tourism Authority (ZTA) board has appointed communications strategist and academic George Manyaya as its new chief executive officer, effective February 1. In a statement yesterday, the board said …
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International News
Zambia restates copper ambition after posting record output
by Staff Writerby Staff WriterZambia expects copper output to top 1 million tons this year, after posting record production in 2025. Output climbed by 8% to an all-time high of almost 890,346 tons last …