ZIMBABWE’S electricity imports surged by 26,8 percent to 863,4-gigawatt hours (GWh) during the first quarter of 2023, latest figures from ZimStat show. State power utility Zesa says local production was …
finance
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Powerspeed Electrical (Powerspeed) says the ever-increasing regulation, complexity, and rising cost of doing business will continue to threaten its business. Zimbabwe has seen several policy measures implemented over the past …
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TURNALL Holdings (Turnall) says it will leverage on supplier relationships for improved raw material sourcing and productivity. In its 2022 annual report, Turnall’s managing director, John Mkushi said the group …
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THE uptake of insurance products continues to be depressed in Zimbabwe as market confidence in the sector remains low, the Insurance and Pensions Commission (Ipec) has said. In its life …
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THE National Handling Services (NHS) – which manages the Zimbabwe dry port, based in Walvis Bay Namibia – says the harbour requires at least US$2 million to be fully operational. …
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PIPING products manufacturer, Proplastics, says it lost at least US$3 million to power cuts after its operations lost 28 days of production owing to load shedding and faults. The group’s …
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THE Reserve Bank of Zimbabwe is expected to introduce person-to-person (P2P) transactions for its gold-backed digital tokens soon, a development that has divided analysts’ opinions. Some have hailed the …
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THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says data privacy and security is a top priority as the wide adoption of broadband has created new security concerns and …
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MASHONALAND Holdings (Mashold) says its health sector portfolio will increase from one percent to five percent after the completion of the Milton Park Day Hospital project in the next two …
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DIVERSIFIED manufacturer Zimplow says its sales volumes of local agricultural machinery under its Mealie Brand subsidiary improved by 70 percent in comparison to the prior year. In a trading update …
