Zimplow revenue jumps 54 pc to $6.6 million
Business Writer Zimbabwe’s major earth moving and agriculture equipment supplier, Zimplow Holdings Limited’s performance for the year to December 31, 2022 remained solid across all business units with revenue jumping…
ZESA, Dinson in joint venture deal
Business Writer The country’s major power supplier, Zesa Holdings and Dinson Iron and Steel Company, on Monday, signed a joint venture agreement for the construction of a 400 kiloVolt (kV)…
Truworths volumes grow 19 pc in Q1
Business Writer Truworths says sales volume growth for the six months to January 9, 2022 increased 19,1 percent from previous year’s quarter largely driven by cash sales. The firm’s chief…
Petrol, diesel hikes announced Wednesday
News24.com Treasury has decided to grant an extension of the reduction in the general fuel levy, which will soften the fuel price hike on Wednesday. The petrol levy was cut…
‘AfCFTA to boost regional seed trading’ – Comesa
Business Writer Following the launch of the African Continental Free Trade Area (AfCFTA) Agreement, regional member states stand to benefit from a wider market access for seed trade. The Common…
ZSE market value up 0.64 pc to $2.59 trillion
Business Writer The Zimbabwe Stock Exchange (ZSE) total market value inched up in weekly gains recorded in the market’s top capitalised counters. During the week to May 27th, market capitalisation…
Tax compliance improves as investment in cargo tracker pays dividend
Business Writer THE Zimbabwe Revenue Authority (Zimra) has seen improved tax compliance due to its new electronic cargo tracking system (ECTS), which has enhanced monitoring of taxpayers and transit freight…
Ministerial delegation to meet youth business leaders
Business Writer A DELEGATION of Cabinet ministers would engage with young entrepreneurs in Bulawayo this week during the inaugural National Youth Business Expo to be held in the city between…
Namibian miners on tenterhooks for uranium price recovery
Namibia’s finance minister said uranium miners are waiting for prices to recover before reviving projects in Africa’s biggest producer of the ore, which is needed for nuclear power in a world shifting away from fossil fuels.
Ramp up production, substitute imports
Business Writer THE disruption in global supply chains emanating from the ongoing Russian- Ukraine conflict is a grand opportunity for local companies to ramp up production to substitute imports and…










