More firms invest in own power facilities

Business Reporter A Growing number of Zimbabwean firms is turning to on-site power generation as a means to mitigate power costs, improve supply reliability and potentially create new revenue streams.…

BAT cites illicit vapes for slower sales in US

British American Tobacco Plc growth in smoke-free products was dragged down by the prevalence of illicit vapes in the US market, pushing the cigarette maker to provide disappointing guidance for…

Industry calls for Presidential order on fees and charges

Michael Tome-Business Reporter THE Confederation of Zimbabwe Industries (CZI) has proposed a Presidential directive compelling Government ministries, agencies, departments and regulatory bodies to cut licencing fees and charges to reduce…

TIMB reforms set stage for another bumper season

Business Reporter ZIMBABWE’s 2025 tobacco selling season is set to begin on March 5, with industry players projecting a harvest between 280 and 300 million kilogrammes. This “conservative” estimate could…

CZI welcomes MPS measures, calls for additional refinements

Business Reporter THE Confederation of Zimbabwe Industries (CZI) has welcomed most of the measures in the 2025 Monetary Policy Statement (MPS), however offering its suggestions on aspects areas it says…

ZSE awaits regulatory approvals for self-listing reconstruction plan

Business Reporter The Zimbabwe Stock Exchange (ZSE) says it is still in the process of securing regulatory approvals in respect of its scheme of reconstruction, which will, among other things,…

Zim seeks US$950m in new bid to kick-start mining firm

Zimbabwe’s state miner is planning a fresh bid to kick-start a range of projects a year after the Government took full control of the company. Kuvimba Mining House, under new…

Johannesburg Stock Exchange hits new all-time high

The JSE All Share Index (Alsi) hit a new record on Wednesday, on the back of Richemont’s (CFR) bull run continuing and tech giants Naspers and Prosus’s share prices on…

Gold holds near US$2 900/oz as dealers weigh trade fears, Fed easing

Gold steadied near a record high, as traders balanced the latest hot inflation reading in the US against rising haven demand in the wake of several disruptive trade announcements from…

CHEVRONS BACK IN THE HUNT AGAIN!

Tinashe Kusema-Zimpapers Sports Hub CRAIG Ervine cut the figure of a moderately proud man as the Zimbabwe Chevrons’ skipper addressed the media ahead of today’s One Day International against Ireland…

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