Zim inflation takes a turn: Local currency sees deflation
Business Reporter The Zimbabwe National Statistical Agency (ZimStats) released inflation figures for May 2024 this morning, revealing a mixed bag of news for consumers. While inflation measured in US dollars…
Google and Liquid Technologies team up to bridge Africa’s digital divide
Business Writer Tech giant Google and pan-African technology leader Liquid Technologies have announced a groundbreaking partnership to bolster digital connectivity and security across Africa. This strategic collaboration, dubbed “Umoja” (meaning…
Cotton buying season kicks off next week
Business Writer The 2024 cotton buying season is set to open next Monday, with cotton companies finalising the process of obtaining their buying licenses. “The season is beginning on June…
Zimbabwean blueberry producers seek access to Chinese market
Xinhua At a farm in Marondera, about 80 kilometers east of Harare, the capital of Zimbabwe, blueberries are ripening in May. Workers carefully pick the plump berries from the shrubs,…
The world is rushing to Africa to mine critical minerals like lithium’
The Conversation Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives. Africa hosts substantial resources of critical minerals. As a result, foreign…
Dairibord sees robust raw milk growth amid market challenges
Business Writer Dairibord Holdings Limited, Zimbabwe’s leading milk processor, reported a significant 38 percent increase in raw milk intake for the first quarter ending March 31, 2024. This increase to…
Some unlicensed miners disrupt Metallon’s Mazowe gold project
Business Writer METALLON Corporation’s subsidiary, Mazowe Mining Company, says it is facing resistance from some artisanal miners to resume large-scale operations from some operators around the gold mine despite a…
Hotel chains see huge potential in MICE
Enacy Mapakame Hotel operators are seeing potential in Meetings, Incentives, Conferences and Events (MICE) as a segment that could drive earnings for their businesses as they tap into projected growth…
No district left behind: ZimTrade clusters boost rural exports
Michael Tome IDENTIFICATION of clusters and integration of previously marginalised communities into the mainstream export business by ZimTrade will greatly enhance Zimbabwe’s foreign currency earnings. The country is currently implementing…
CBZ Holdings eyes lines of credit to boost lending
Business Writer CBZ Holdings is looking to supplement its local deposits with lines of credit, according to Chief Executive Officer Lawrence Nyazema. In a video interview with Business Weekly, Nyazema…











