INTEGRATED power and renewable energy services provider, Tendo Electronics and Power Engineering remains optimistic about its prospects despite a plethora of challenges bedevilling the economy. Tendo managing director, who is …
finance
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ZIMBABWE’S chrome production slumped during the third quarter of 2023, weighed down by a global metals price decline that followed the initial surge triggered by the Ukraine war. Official data …
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ZIMBABWE’S tobacco exports were up by 25,8 percent in 2023 to reach $1,23 billion, according to the Tobacco Industry Marketing Board (TIMB). This rise solidifies tobacco’s position as the second-largest …
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CFI Holdings (CFI) is hoping to shield itself from the El Nino-induced economic contraction by increasing its milling operations and housing projects. The agro-focused group’s strategies come as the agricultural …
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AMALGAMATED Regional Trading Holdings (Art)’s revenue jumped seven percent to US$47 million in the year ended September 30, 2023, with the group’s divisions able to sell predominantly in hard currency …
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SUGAR producer Hippo Valley Estates says it has enough water resources to sustain its operations through the anticipated El Nino period, potentially mitigating drought risks and ensuring production stability. The …
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ZIMBABWE’S trade deficit ballooned to US$146 million in November, more than doubling from the previous month, as a sharp drop in exports outpaced a modest decline in imports. The widening …
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ZIMBABWE’S tourism industry is roaring back to life, with a 41,9 percent increase in tourist arrivals during the third quarter of 2023 compared to the same period last year. Statistics …
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THE Old Mutual Investment Group (OMIG) warns that Zimbabwe’s fragile economic balance hinges on the government’s ability to walk a tightrope of maintaining its strict fiscal and monetary policies. This …
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THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz), anticipates positive outcomes from recent telecom tariff hikes. It believes the adjustments, reaching up to 100 percent in some cases, will …
