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Zimbabwe in massive maize, wheat imports
Zimbabwe has imported 1.3 million metric tonnes of maize and wheat through the private sector to alleviate ongoing shortages caused by poor land utilisation, lack of funding, inadequate farming capaci...Published: 12 Feb 2025 at 11:21hrs | 207 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 261 | by Staff reporter
885 import permits granted to ensure food security in Zimbabwe
The Zimbabwean Government has issued 885 import permits to 423 private companies to address food security challenges caused by this year's severe drought. The move aims to bolster the private sector's...Published: 27 Nov 2024 at 06:43hrs | 158 | by Staff reporter
Farm input abusers face blacklist
The government has introduced stringent new measures to curb the theft and abuse of agricultural inputs under the Presidential Input Scheme, as part of its ongoing efforts to improve food security and...Published: 06 Nov 2024 at 07:03hrs | 204 | by Staff reporter
Zimbabwe forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making some...Published: 31 Jan 2024 at 06:59hrs | 1 | by Staff reporter
Zimbabwe finds formula to bust sanctions
ZIMBABWE and Belarus, two countries that are suffering under the yoke of illegal Western economic sanctions, have joined hands to remove the obstacles spawned by the punitive measures and uplift their...Published: 15 Jun 2023 at 06:42hrs | | by Staff reporter
'Establish animal husbandry centre in Bulawayo'
LIVESTOCK farmers from the Matebeleland region are facing challenges in accessing technical support to boost their production as there is no veterinary training-focused institution, which negatively a...Published: 06 Jun 2023 at 06:22hrs | | by Staff reporter
Power outages dent RioZim production
GOLD production at Cam & Motor Mine — one of RioZim Limited's flagship operations — increased 92% in the first quarter of this year on the back of the Biological Oxidation (BIOX) plant that ca...Published: 25 May 2023 at 06:27hrs | 1 | by Staff reporter
Zimbabwe bans grain exports
DESPITE the growing prospects of a bumper harvest in the 2022/23 cropping season, the country is yet to start exporting grain, as efforts to promote food and nutrition security at both household and n...Published: 02 May 2023 at 09:04hrs | 10 | by Staff reporter
'More Zimbabwean made products occupying shelf space'
LOCALLY produced goods have increased shelf space occupancy in shops to 80 percent this year from 55 percent last year as domestic businesses continue to ramp up output in response to supportive Gover...Published: 06 Dec 2022 at 05:00hrs | 1 | by Staff reporter
Gold deliveries clock 29,46 tons in 10 months
THE country's gold mining sub-sector continues to increase its output with formal gold deliveries to Fidelity Printers and Refiners clocking close to a cumulative 29,46 tons between January to October...Published: 09 Nov 2022 at 05:09hrs | 1 | by Staff reporter
SA consumers face higher prices in 2022
Various product prices are rising rapidly across the globe as the world opens after months of lockdown. As a result, food prices have been in the headlines, and SA is no exception.As a case in...Published: 02 Dec 2021 at 05:25hrs | 11 | by Staff reporter
Zimbabwe set to up platinum output
Zimbabwe is expected to add up to 4% (about 17 thousand ounces (koz)) of platinum production volumes as a backlog of semi-finished inventory is refined in south Africa on the back of easing disruption...Published: 17 Sep 2021 at 06:18hrs | 3 | by Staff reporter
Murowa running out of diamonds
OUTPUT at RioZim's gem extraction associate Murowa Diamonds slipped to 579 000 carats during the year ended December 31, 2020 after Zimbabwe's oldest operating diamond mining asset depleted high-grade...Published: 12 Apr 2021 at 07:21hrs | | by Staff reporter
Cooking oil production levels improve
Cooking oil prices have stabilised in the wake of improved production levels as manufacturers are accessing foreign currency for raw materials from the central bank's auction system.The firms ...Published: 03 Dec 2020 at 13:47hrs | | by Staff Reporter
Cartel mops up Zimbabwe's gold
Zimbabwe's new monetary reforms and unfavourable prices being offered by authorities have given life to side marketing in the gold sector following the emergence of a powerful cartel comprised of top ...Published: 01 Aug 2019 at 09:27hrs | 1 | by Staff reporter
Mnangagwa ally's ACF restructures, suspends operations
One of Zimbabwe's major chrome producers, African Chrome Fields (ACF), has temporarily suspended operations as the company embarks on a restructuring exercise.Information at hand shows ACF pro...Published: 14 Jun 2019 at 11:38hrs | 3 | by Staff reporter
'Zimbabwe land a dead asset,' says Mthuli Ncube
Zimbabwe's controversial land reform programme, which left most of its land without collateral value has meant the country is now carrying a dead asset, its Finance and Economic Development Minister M...Published: 04 Mar 2019 at 07:54hrs | | by Staff reporter
Zimbabwe fuel consumption spikes 24%
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response to rising economic activity sparked by renewed investor confidence following the ...Published: 03 Sep 2018 at 07:12hrs | | by Staff reporter
Restructured Metallon guns for full capacity
THE country's biggest gold producer, Metallon Corporation says it wants four of its mining operations in Zimbabwe to reach their full production capacities this year.Metallon owns How Mine, Ma...Published: 23 Apr 2018 at 07:03hrs | | by Staff reporter
Parastatal revival keynote for production boost
THE coming in of a new Government led by President Emmerson Mnangagwa has kindled hope for economic recovery in Zimbabwe after years of stagnation.The demise of key economic players, mainly pu...Published: 01 Dec 2017 at 05:04hrs | 4 | by Staff reporter
Hwange Colliery Company production volumes rise
Hwange Colliery Company (HCC) has said production volumes, which have risen to around 300 000 tonnes in the mid-year, will top 400 000 tonnes by year end when production at the three main underground ...Published: 21 Oct 2017 at 07:31hrs | | by Staff Reporter
Coca-Cola not pulling out of Zimbabwe
Zimbabwe's beverages manufacturer, Delta Corporation says Coca-Cola is not pulling out of Zimbabwe after the acquisition of a 40 percent stake in its associate firm, Sab Miller by AB Inbev....Published: 10 Nov 2016 at 04:38hrs | | by Staff reporter
Samsung has permanently ceased production of Galaxy Note 7
South Korean tech giant Samsung has permanently ceased production of its high-end Galaxy Note 7 smartphones after reports of devices it had deemed safe catching fire.The firm had already reduc...Published: 11 Oct 2016 at 11:32hrs | 30 | by Tech Reporter
Beer prices slashed
Delta Beverages has slashed prices of its mainstream beer products starting today in keeping with the steady commodity price reductions being witnessed across the country.Economic analysts say...Published: 01 Oct 2015 at 06:20hrs | | by Staff reporter
Zanu-PF dismisses Mujuru manifesto
ZANU-PF has scoffed at the manifesto released by former Vice President Dr Joice Mujuru on Monday, saying the ruling party would not bother itself with her promises as it was preoccupied with efforts t...Published: 10 Sep 2015 at 06:26hrs | | by Farirai Machivenyika
Hwange coal reserves diminish
HWANGE Colliery Company Limited (HCCL) wants to be allocated new concessions as its reserves are running out.In a May 7 letter to shareholders, HCCL board chairman Farai Mutamangira said coal ...Published: 18 May 2014 at 09:08hrs | 1 | by Staff Reporter
Indian company boosts Hwange Colliery
AN Indian company BEML/Ravathi has set aside $13,04 million for the purchase of equipment for coal mining company Hwange Colliery Company under a credit facility - in a deal that is likely to boos...Published: 27 Apr 2014 at 06:11hrs | 1 | by Fairness Moyana
The Zimbabwe we want - Education is a non-negotiable right
Chapter 7The advancement of any country is solely dependent on the levels of education of its people. In the Zimbabwe we want, education must be a ...Published: 08 Apr 2014 at 15:03hrs | | by Vince Musewe and Elton Mangoma
Zimplats reports 51% rise in revenue, 604% rise in net profit
Zimplats Holdings grew its revenue by 51% to $267 million from the same period last year due to a 62% increase in platinum sales volume from 70 225 ounces to 113 876 ounces. The impact of the increase...Published: 27 Feb 2014 at 13:35hrs | | by Business reporter
Chinese firm to set up another steel plant in Zimbabwe
Shanghai-based Tsingshan Iron and Steel Group has expressed interest to invest in a second steel plant for Zimbabwe, an official has said.Deputy Chief Secretary in the Office of the President ...Published: 05 Feb 2014 at 15:48hrs | 1 | by Staff reporter
President Robert Mugabe's Heroes Day speech: Full text
Full text of President Robert Mugabe's Heroes Day speech delivered at the National Heroes Acre in Harare on August 12, 2013 (includes off the cuff remarks):...Published: 13 Aug 2013 at 12:27hrs | 23 | by Robert Gabriel Mugabe
Dunlop Zimbabwe gives striking workers ultimatum
THE strike by Dunlop Zimbabwe workers continued yesterday with reports that management has given the striking workers an ultimatum to return to work or risk being fired. According to th...Published: 17 Jul 2013 at 06:53hrs | 2 | by Business Reporter
300 Dunlop employees down tools
Workers at Dunlop Zimbabwe in Bulawayo numbering about 300, yesterday downed tools in protest over the company's failure to increase their salaries since 2009. The strike was triggered by the ...Published: 12 Jul 2013 at 22:00hrs | | by Staff Reporter
Dunlop Zimbabwe introduces new range of tyres
DUNLOP Zimbabwe has introduced a new brand of tyres from Netherlands amid revelations that Apollo Vredenstein which owns a majority stake in the company has purchased six new presses for the productio...Published: 07 Jul 2013 at 06:57hrs | 1 | by Business reporter
Dairibord completes the rationalisation programme
DZLH has completed the process of rationalisation and the group resumed normal production in April, group CEO Anthony Mandiwanza told the AGM this morning. "The rationalisation programme...Published: 03 May 2013 at 06:03hrs | | by Business reporter
Hwange Colliery comes up with a new recapitalisation strategy
Hwange Colliery Company Limited has come up with a new recapitalisation strategy aimed at mobilising long-term loans from developmental banks to increase production volumes, the Zbc reported on Saturd...Published: 30 Jun 2012 at 14:53hrs | | by Staff reporter
Hwange Colliery reports a depressed set of financials
Hwange reported a depressed set of financials showing a 37% decline in attributable earnings to $3.9 million. The poor performance can be attributed to the increase in overhead costs against st...Published: 29 Mar 2012 at 12:10hrs | | by Business reporter
Zimplats revenues drop to $133 million
Zimbabwe Platinum Mines (Zimplats) registered a nine percent slump in revenues to $133 million in the first quarter ended September 2011 amid rising production costs and lower volumes, The Daily News...Published: 02 Nov 2011 at 19:53hrs | | by Matthews Estell
Hwange Colliery incurs a $1.5 million loss
Hwange's sales revenue for the six months to 30 June 2011 was $48.6 million, 8% above the $45.2 million revenue recorded during the same period last year. The Company incurred an unaudited net ...Published: 28 Sep 2011 at 09:09hrs | | by Nare Msupatsila
Border Timbers release a fair set of final results
A fair set of results from Border in what management say was an impressive performance although sales volumes were not as high as budgeted. Turnover at $21.9 million was up 59% from prior period, wit...Published: 27 Sep 2011 at 09:20hrs | | by Business reporter
Hwange Colliery posts a depressed set of results
Hwange posted a depressed set of results for the 2011 interim period, showing an attributable loss of $1.5 million versus a profit of $4.5 million the prior period. The poor performance can be attrib...Published: 22 Sep 2011 at 15:35hrs | | by Business reporter
Zimplats produces another set of outstanding results
Zimplats produced another set of outstanding results during the past financial year. This set of results represents Zimplats' first full year of operations after the commissioning of the Ngezi Phase ...Published: 25 Aug 2011 at 14:20hrs | | by Nare Msupatsila
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