Government expects this year’s maize harvest to be as high as 2.8 million tonnes, Cabinet said on Tuesday, a haul which would be the country’s second biggest ever. Last year, the country harvested 908,000...
The Reserve Bank of Zimbabwe says it is dissolving its monetary policy committee (MPC). That is something like the National Railways of Zimbabwe grounding a train that never really left the station. The committee,...
Invictus Energy, the company prospecting for gas and oil in Zimbabwe, has moved a few steps closer in the long road towards testing for petroleum potential in the Cabora Bassa basin; a new farm-in agreement, picking a...
Seed Co, Zimbabwe’s biggest seed producer, says sales volumes grew 42% on better rainfall, bigger purchases by government and increased irrigation. This is a recovery for the company, which suffered a 24% drop in...
The National Social Security Authority (NSSA) is selling stock in Turnall, First Mutual and its mortgage lender National Building Society (NBS), as part of what the fund says is a plan to “refocus” its vast investment portfolio.
Powerspeed, the company that owns Electrosales, leaves the Zimbabwe Stock Exchange (ZSE) on Friday after delivering a few home truths to both the bourse and the government. Shareholders voted at an EGM on Monday to take the company off the...
The Reserve Bank of Zimbabwe’s monetary policy committee (MPC) has held interest rates steady as it issued a rosy outlook for inflation, saying the foreign currency auction had managed to slow down prices. Since the foreign currency auction was launched...
By Tendai Marima Dozens of green and yellow tractors, along with eight combine harvesters and other pieces of agricultural equipment were delivered to Zimbabwe in April as part of an audacious attempt to mechanise and modernise a farming industry currently...
Spear Capital, a Scandinavian private equity investment firm that holds minority stakes in various companies in Southern Africa, is invested in Zimbabwe dairy Dendairy and wholesaler Metro. The fund says it is tracking at least two possible new investments...
Gold is rallying globally and leading producers around the world are rubbing their hands in anticipation of a windfall. But unable to pay gold miners and hurt by a poor forex regime, Zimbabwe could yet again be missing out...
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