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Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 502 | by Staff reporter
Mozambique shoe dealers flood Zimbabwe
In the bustling streets of Marondera's central business district, a 23-year-old Mozambican national, Moses Ferinando, makes his way through the crowd, an array of shoes - mostly sneakers - strapped to...Published: 30 Nov 2024 at 13:04hrs | 2727 | by Staff reporter
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 174 | by Agencies
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 545 | by Staff reporter
Mnangagwa lauds exports surge
President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisati...Published: 18 Oct 2024 at 08:39hrs | 66 | by Staff reporter
Zimbabwe's SADC Chairmanship offers new opportunities
Zimbabwe's chairmanship of the Southern African Development Community (SADC) offers a prime opportunity for local businesses to shape the regional economic agenda and benefit from the African Continen...Published: 18 Oct 2024 at 08:38hrs | 127 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 110 | by Staff reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 479 | by Staff reporter
Zimbabwe eyes US$272 billion global cannabis market
Zimbabwe's favorable climate for cultivating high-quality medicinal and recreational cannabis, combined with appropriate regulations and robust marketing strategies, holds significant economic potenti...Published: 22 Jul 2024 at 07:49hrs | 282 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 126 | by Staff Reporter
Zimbabwean blueberry producers seek access to Chinese market
At a farm in Marondera, about 80 kilometers east of the Zimbabwean capital Harare, blueberries are ripening in May. Workers carefully pick the plump berries from the shrubs, ensuring not to damage the...Published: 24 May 2024 at 08:22hrs | 7 | by Staff reporter
FULL LIST: President Mnangagwa honours best performing public official
In a prestigious ceremony held at the State House in Harare, President Mnangagwa honored the outstanding performance of several key public officials across various sectors. The event, which mark...Published: 08 Mar 2024 at 11:16hrs | 27 | by George Tshuma
Mugano quits commenting on Zimbabwe economic issues
Economist Professor Gift Mugano has declared his decision to refrain from providing comments on Zimbabwean economic matters, following repeated accusations from Zanu-PF labeling him as an "anti-econom...Published: 13 Jan 2024 at 07:38hrs | 11 | by Staff reporter
Stanbic Bank Zimbabwe launches China export guide for local business
Stanbic Bank Zimbabwe on Friday launched an export guide for Zimbabwean exporters and business entities seeking to understand and penetrate the Chinese market.The export guide e-book, which gi...Published: 22 Oct 2023 at 14:17hrs | | by Staff reporter
'Mnangagwa being lied to by his ministers'
Gift Mugano, an economist and government critic, criticized President Emmerson Mnangagwa's administration, suggesting that his ministers were providing misleading information about the state of the ec...Published: 09 Oct 2023 at 06:14hrs | | by Staff reporter
Mnangagwa critic fires from ZimTrade board
Gift Mugano, a government critic, has been swiftly removed from his position on the ZimTrade board.James Manzou, the secretary of the Ministry of Foreign Affairs, did not provide a specific re...Published: 04 Oct 2023 at 20:30hrs | 1 | by Staff reporter
Mutsvangwa says 'Victory is the only option'
Zanu-PF Women's League national secretary for administration, Monica Mutsvangwa's campaign trail last week saw her addressing three oversubscribed rallies in Manicaland where she urged the electorate ...Published: 12 Aug 2023 at 08:06hrs | 11 | by Staff reporter
Zimbabwe exports to China surge to US$585 million
ZIMBABWE's exports to China have hit a high of US$585 million showing a significant increase over the last five years.The two countries enjoy cordial relations dating back to Zimbabwe's coloni...Published: 01 Aug 2023 at 06:26hrs | 9 | by Staff reporter
Dinson Iron and Steel Company project reaches 70% completion
Dinson Iron and Steel Company (Disco) is confident that the US$1,5 billion steel plant being constructed in Mvuma will be completed this year as the project has reached 70 percent completion. ...Published: 23 Jun 2023 at 06:29hrs | 3 | by Staff reporter
China now Zimbabwe's largest FDI source
China has made huge inroads into the Zimbabwean economy in terms of investment, which is expected to grow further following the three-day ZimTrade organised Zimbabwe-China Business Forum, which ends t...Published: 01 Jun 2023 at 06:40hrs | 2 | by Staff reporter
Lupane juice maker eyes export market
LUPANE-based indigenous fruit juice manufacturer, Lupane Veggie Guys is eyeing the export market after successfully showcasing its indigenous products at the just-ended Zimbabwe International Trade Fa...Published: 15 May 2023 at 19:00hrs | | by Staff reporter
Belarus to exhibit at ZITF for the first time
BELARUS will exhibit at this year's edition of the Zimbabwe International Trade Fair (ZITF) for the first time ever, as relations between Harare and Minsk continue to grow from strength to strength fo...Published: 13 Apr 2023 at 08:09hrs | | by Staff reporter
Zimbabwe's Foreign Affairs Minister meets Lukashenko
As Zimbabwe seeks to deepen economic collaboration with Belarus, the Government has sent a delegation to Minsk to start making concrete moves of operationalising issues that were agreed on when Presid...Published: 29 Mar 2023 at 06:49hrs | 1 | by Staff reporter
Bulawayo solar tile producer eyes Sadc market
A BULAWAYO entrepreneur who produces solar roof tiles and kitchen countertops from plastic waste is eager to penetrate the Southern regional market and help promote intra-regional trade.Solar ...Published: 16 Mar 2023 at 07:15hrs | 1 | by Staff reporter
Beitbridge woman builds successful business empire
ONLY yesterday, Beitbridge-based businesswoman, Dr Anna Muleya (50) operated a barbershop in the border town.Today, she is a multi-award-winning successful businesswoman with a thriving busine...Published: 08 Mar 2023 at 05:29hrs | 2 | by Staff reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Ingwebu appoints new board members
THE Bulawayo Municipal Commercial Undertaking-owned Ingwebu Breweries recently had two members added to its eight-member board.Mr Kalani Ndlovu who owns Umjayeli Security and Mavuna Lodge and ...Published: 05 Mar 2023 at 06:19hrs | 11 | by Staff reporter
Zimbabwe makes Commonwealth inroads?
ZIMBABWE continues to make headway in its quest to rejoin the Commonwealth after a Cabinet minister was invited to attend the Commonwealth Telecommunications Organisations Ministerial Alliance for Dig...Published: 28 Feb 2023 at 07:36hrs | | by Staff reporter
'Zimbabwe has no electronic trade agreements, treaties database'
ZIMBABWE's Foreign Affairs ministry has no electronic database of trade agreements and treaties signed by government, NewsDay has learnt.This was revealed by Foreign Affairs deputy minister Da...Published: 10 Feb 2023 at 05:41hrs | 2 | by Staff reporter
Mnangagwa, Teodoro Obiang Nguema Mbasogo seal 8 agreements
Underpinned by ambitions to engage and re-engage the international community in pursuit of socio-economic development, President Mnangagwa, is in Equatorial Guinea for high-level discussions covering ...Published: 08 Feb 2023 at 05:00hrs | | by Staff reporter
Zimbabwe records US$2bn trade deficit for 2022
THE country recorded a trade deficit of US$1,96 billion for the period between January and November 2022, which is an increase from the US$1,4 billion recorded during the same period in 2021, the late...Published: 03 Feb 2023 at 19:12hrs | 15 | by Staff reporter
Chiwenga engages diaspora community
ZIMBABWEANS living in the diaspora have been urged to take advantage of numerous business opportunities that are opening up and play a part in creating their wealth as well as grow the economy....Published: 19 Nov 2022 at 06:23hrs | 4 | by Staff reporter
Zimbabwe diplomats told to engage diaspora
DIPLOMATS posted to various countries should engage Zimbabweans living abroad and use their experiences and expertise to attract investments and create trade opportunities for the country.This...Published: 07 Nov 2022 at 05:25hrs | 2 | by Staff reporter
Zimbabwe joins strategic Commonwealth trade body
Zimbabwe's re-engagement efforts spearheaded by President Mnangagwa continue to bear fruit with the national trade promotion agency, ZimTrade, joining the Commonwealth Enterprise and Investment Counci...Published: 02 Nov 2022 at 05:00hrs | | by Staff reporter
Zimbabwe can be a financial hub
MAURITIUS Finance chief operating officer Vinod K. Bussawah, who is also chairperson of Harare-based financial advisory firm Bard Santner Markets Inc, says Zimbabwe can become a regional financial hub...Published: 23 Oct 2022 at 17:21hrs | | by Staff reporter
China's 'juicy' deal with Zimbabwe set to benefit citrus farmers
MBUYA Rosemary Tendi (70) of Rusitu Valley in Chimanimani, eastern Zimbabwe, has been braving crispy cold mornings in the past few weeks to make sure that she monitors the harvesting of oranges from h...Published: 02 Aug 2022 at 06:54hrs | 9 | by Staff reporter
Mnangagwa's wife appointed wildlife ambassador
WILDLIFE conservation requires team work as it calls for serious attention, commitment and dedication, First Lady Dr Auxillia Mnangagwa said on Monday night while accepting her new role as the country...Published: 13 Jul 2022 at 07:17hrs | | by Staff reporter
Stong Zimbabwe presence in Rwanda as Harare eyes Commonwealth re-admission
ZIMBABWE, which has applied to be readmitted into the Commonwealth, has a strong presence at the ongoing Commonwealth meeting in Kigali, Rwanda.Ministers, business leaders, students, and membe...Published: 24 Jun 2022 at 08:16hrs | | by Staff reporter
Minister calls for new crop of effective diplomats
ZIMBABWE requires skilled, knowledgeable and visionary diplomats to tap into new opportunities for trade, commerce and development, the Minister of Foreign Affairs and International Trade, Ambassador ...Published: 10 Jun 2022 at 07:52hrs | | by Staff reporter
Surface Wilmar in US$50m Olivine revival plan
THE country's biggest cooking oil manufacturer, Surface Wilmar has put in place a revival plan for Olivine Industries, which will result in a US$50 million upgrade of the Willowvale plant in Harare....Published: 01 Apr 2022 at 09:15hrs | 2 | by Mukunda Chitova
Mnangagwa opens doors for young women
PRESIDENT Mnangagwa yesterday gave young women the carte blanche to seize vast opportunities that have been brought by the Second Republic as he promised to give them loans and open the doors for part...Published: 01 Apr 2022 at 08:58hrs | 8 | by Staff Reporter
Rwanda to employ 500 Zimbabwean teachers by September
HARARE: Rwanda is set to receive close to 500 Zimbabwean teachers by September this year, according to the Rwanda Education Board (REB).REB Director General Nelson Mbarushimana announced the d...Published: 31 Mar 2022 at 08:59hrs | | by Staff reporter
Mnangagwa calls for exports diversity
PRESIDENT Emmerson Mnangagwa yesterday called on industrialists to enhance value addition and diversify their exports to end the exportation of raw commodities.Primary commodities have dominat...Published: 29 Mar 2022 at 11:49hrs | | by Staff reporter
MPs fume over Dubai Expo poor show
MEMBERS of Parliament are keen on interrogating Agriculture minister Anxious Masuka and some members of the official government delegation over the Dubai Expo trip that saw parastatal bosses flocking ...Published: 05 Mar 2022 at 17:15hrs | 10 | by Staff reporter
Zimbabwe exports on track for US$7bn target
ZIMBABWE'S exports edged closer to meeting government's US$7 billion target by 2023, after rising by 37,3% last year, the country's export trade promotion agency said this week.Exports climbed...Published: 04 Mar 2022 at 17:41hrs | | by Staff reporter
ABC boosts mango production
FOR several years, Dickson Mabuto would plant a variety of fruit trees, including mangoes at his homestead in Gokwe South out of passion.In his community, mangoes are not sold, but are given t...Published: 16 Jan 2022 at 08:59hrs | 5 | by Staff reporter
Mnangagwa reaches out to diaspora
President Mnangagwa has said Zimbabweans living abroad are always welcome back home to play their part in building a prosperous country.Speaking at the memorial service of the late Lt General ...Published: 12 Dec 2021 at 19:54hrs | 8 | by Staff reporter
Zimbabwe scores big at SA trade fair
Zimbabwe scored a huge success at the just ended Intra Africa Trade Fair (IATF) held in Durban, South Africa as the country was able to showcase its endowments to regional markets and beyond.T...Published: 22 Nov 2021 at 05:51hrs | 6 | by Staff reporter
Zimbabwe angles for US$2,5t African market
Zimbabwe representatives from both the private and public sector took full advantage of the Intra-African Trade Fair (IATF) that ended here today to showcase what the country has to offer, as the Afri...Published: 21 Nov 2021 at 08:15hrs | 17 | by Staff Reporter
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