Counterfeit goods crippling industry competitiveness, businesses warn

Zimbabwean industry leaders have voiced serious concerns that the proliferation of counterfeit and smuggled goods is severely undermining local industry competitiveness, eroding market share, and damaging brand reputations.

TFF repayment terms, interest rates spark market concern

Analysts and economic players have expressed reservations about the loan tenure of the  Reserve Bank of Zimbabwe’s Targeted Finance Facility (TFF), suggesting that the 270-day term may lead to rapid loan repayments that could deplete working capital and cause liquidity constraints.

Agriculture Minister Masuka to headline commodity exchange conference

Business Reporter Lands, Agriculture, Fisheries, Water, and Rural Development Minister Dr. Anxious Masuka will headline the African Continental Free Trade Area (AfCFTA) Association of African Commodity Exchanges (A-ACX) annual conference…

Tougher penalties, mindset shift key to curbing substandard goods

Deterrent sentencing, beyond the current paltry fines of around US$30, and a significant shift in consumer mindset are crucial to effectively combat smuggling and counterfeiting of products.

17 countries book for ZITF

TWENTY-FOUR international exhibitors from 17 countries have confirmed participation at this year’s 65th edition of the Zimbabwe International Trade Fair.

RTG profits soar, but liquidity concerns loom

Rainbow Tourism Group (RTG) reported impressive profit growth for 2024, with profit before tax rising 36 percent to US$7.9 million and profit after tax increasing 18 percent to US$5.37 million.

InnBucks: Assets surge, but rising costs impact profits

InnBucks MicroBank Limited has unveiled its financial results for the first half of the fiscal year ending June 30, 2025, showcasing a mix of robust growth and strategic challenges.

CAFCA sees strong volume growth, despite retail challenges

CABLE manufacturer, CAFCA, reports a 23 percent increase in volume for the first quarter ending December 31, 2024, driven by significant growth in aluminium and copper uptake. Aluminium volumes surged by 74 percent, while copper-based business saw a solid 13 percent growth, highlighting the company’s diversified strength.

Board of directors role in corporate rescue cases

The number of corporate rescue cases in the Zimbabwe economy seems to be on the increase. Various reasons for this development have been advanced, and these are largely to do with a worsening operating environment for business.

Business Weekly Stock Market Update

Business Weekly Stock Market Update

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