National Foods reports strong performance amid mixed divisional results

Tapiwanashe Mangwiro National Foods, one of Zimbabwe’s largest food manufacturers, has posted a robust performance for the financial year ending June 30, 2024, with total volumes reaching 585,000 tonnes, a…

Zimbabwe’s exports bulk 23 percent in August

Business Writer The country’s exports increased 23 percent in August to US$674 million from July figures of US$548,3 million on the back of minerals and tobacco. According to the Zimbabwe…

Stanbic donates US$25 000 to ALCOZ

Business Writer Stanbic Bank Zimbabwe has once again come to the rescue of people living with albinism by donating an assortment of sun protection products worth US$25 000 to the…

ADPA to promote free trading of diamonds on global market

Oliver Kazunga THE African Diamond Producers Association (ADPA) is forging ahead with initiatives aimed at addressing challenges hindering the trading of gemstones on the international market, Mines and Mining Development…

RBZ devalues ZiG by 42,55pc against the Dollar, despite US$64 million intervention

Tapiwanashe Mangwiro The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (ZiG) by 42,55 percent against the US dollar, following weeks of rising black market rates and market…

Stanbic posts strong results for H 1 2024

Business Writer Financial services institution, Stanbic Bank, has posted a historical cost profit of ZiG27.1 million for the six months ended 30 June 2024 amid changes in functional currency from…

CZI convenes crisis Indaba over currency

Nelson Gahadza Manufacturers and retailers have recommended the full floating of the Zimbabwe Gold (ZiG), amid its sustained faltering and pricing distortions due to exchange rate volatility, to manage concerns…

Aura Group breaks new ground, to revolutionise communication sector

Oliver Kazunga AURA Group has pledged to act as a catalyst for empowering disadvantaged communities across the country by improving their livelihoods through offering a wide-range of internet services and…

Starlink creates new options for internet

Last Word Starlink has now moved into Zimbabwe after being granted its double licence early this month as a provider of network services, that is the signal from its low…

Raza backs Zim talent to excel in high-profile Zim Afro T10

Australian batting powerhouse David Warner is renowned for his explosive style of play, and his eyes are set on making a mark at the scenic Harare Sports Club during the…

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