Fuel smuggling takes toll on economic growth
Elliot Ziwira Fuel smuggling in Zimbabwe is hampering Government’s revenue collection efforts – a serious threat to economic growth – despite tax and law enforcement authorities’ attempt to curb the…
Zimbabwe to take over carbon credit trade, void past deals
Bloomberg Zimbabwe’s government said it will take control of the production of carbon credits in the country, stipulating that it will be entitled to half of the revenue from the…
AfDB to help Zim mobilise US$3.5 bln for white former commercial farmers
Oliver Kazunga The African Development Bank (AfDB) is working to assist Zimbabwe mobilise the US$3,5 billion the country requires under the Global Compensation Deed to compensate former commercial farmers –…
Caledonia remains optimistic
Enacy Mapakame Caledonia Mining Corporation, remains upbeat of meeting production targets for the year despite a slow start to the year with first quarter production falling 13 percent due to…
NMBZ Q1 operating income hits $15 billion
Tapiwanashe Mangwiro Listed financial services provider, NMBZ, says its operating income in the first quarter to March 31, 2023 gained by 613 percent year on year on the back of…
Battery makers turn northern French region into ‘electric valley’
AFP Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European source of new energy technology. Taiwanese battery maker Prologium…
Zimplow to secure another original equipment supplier
Enacy Mapakame Agriculture and earthmoving equipment supplier, Zimplow Holdings Limited, says it will leverage on Barzem’s property portfolio to secure another original equipment manufacturer (OEM) after buying out Barloworld from…
Afdis forecasts US$49,4 million forex revenue
Tapiwanashe Mangwiro Volumes, a key indicator of demand, for Afdis, rose 18 percent for the year ended March 31, 2023, compared to the comparative period, as it now focuses on…
Beta Holdings seeks dedicated power supply for Shamva plant
Business Writer BETA Holdings is engaging the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to connect its aggregate plant (stone crusher) in Shamva to a dedicated power line that is…
Godongwana: US won’t sanction SA over weapons row, and market reaction will stabilise
Paul Vecchiatto News24.com South African Finance Minister Enoch Godongwana said his country resolved a row with the US over allegations that Pretoria supplied weapons to Russia and it’s unlikely to…











