AXIA Corporation’s bedding unit Restapedic is targeting to produce up to 7 000 beds per month in the short-to-medium term, supported by improved capacity following the opening of a new …
finance
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TSL is banking on the anticipated tobacco boom this season, driven by a favourable rainfall pattern and robust irrigation infrastructure.Advertisements The Tobacco Industry and Marketing Board has reported a 22 …
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CONSTRUCTION industry experts say cement prices are expected to fall below US$6 in the near future as local production increases.Advertisements Zimbabwe recently experienced cement shortages caused by a construction boom …
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CFI Holdings (CFI) says its retail chain Farm & City Centre (FCC) is set to diversify its product portfolio to reduce reliance on agricultural products and mitigate risk.Advertisements FCC remains …
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ZIMBABWE’s horticultural export earnings rose to US$181,7 million in 2025, driven by strong growth in blueberry exports, recent ZimTrade figures show.Advertisements The statistics indicate that blueberry exports led the growth, …
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ZIMBABWE’S taxation regime and levels are in line with regional trends, as the current revenue collections – at 18 percent – are attributable to “administrative efficiencies and not overtaxation”, Finance …
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GENERAL Beltings (GB) Holdings expects the continued thermal power infrastructure development programme to offer growth opportunities in the short-to-medium term.Advertisements The group manufactures and distributes chemical and rubber products, including …
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International News
SA secures R175 billion loan package from Afreximbank
by Staff Writerby Staff WriterThe African Export-Import Bank has agreed to lend South Africa an initial $11 billion (R175.6 billion) to ease funding pressures, support infrastructure projects and Black-owned businesses.Advertisements As much as $8 billion …
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International News
African ratings reach highest since 2020 on growth, S&P says
by Staff Writerby Staff WriterEconomic reforms and improved growth have lifted African sovereign credit ratings to their highest level in over five years, and the outlook remains positive, according to S&P Global Ratings.Advertisements Financing …
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Companies & Markets
Varun Beverages expands snacks, beverage portfolio in Zimbabwe
by Staff Writerby Staff WriterVARUN Beverages Ltd. (VBL), one of PepsiCo’s largest and globally award-winning franchise bottlers and the second-largest bottler worldwide outside the United States, has announced a major expansion of its food …
