Cement producer PPC says cement sales volumes in Zimbabwe grew by a better-than-expected 19% in the six months to September, as the industry saw double-digit growth in demand for cement. PPC, which says it...
By Gloria Dube The government has picked horticulture as one of the first beneficiaries of part of Zimbabwe’s allocation of US$960 million of IMF money. This has sent a strong signal of how much...
Zimbabwe’s Rudland family could take over one of Southern Africa’s biggest sugar producers, Tongaat Hulett, by underwriting the company’s R4 billion rights issue. Magister, a company represented by Hamish Rudland and registered in Mauritius,...
Amatheon Agri, a German agribusiness listed on Europe’s Euronext stock exchange, has secured a licence to grow medicinal cannabis in Zimbabwe. The government awarded Amatheon a renewable five-year licence, the company's CEO said.
By Sharon Mupfure Reserve Bank of Zimbabwe (RBZ) has stood in the way of plans by Seed Co, the country’s biggest seed producer, to delist the local unit from the Zimbabwe Stock Exchange (ZSE)...
Padenga Holdings will move its listing from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX), to take advantage of new government incentives and attract fresh capital. Shareholders of...
By Nelson Banya Three years ago, Tommy Doran gave up on his plans to become one of Zimbabwe’s first producers of medicinal cannabis. By this time next year, he could be involved in some...
Zimbabwe’s tobacco auction floors opened Wednesday morning, with the first bale fetching a higher price than last year. The first tobacco sold at US$4.30 a kg, which is higher than the US$4 a kg...
Caledonia Mining Corp. has started operations at its US$67 million Central Shaft at Blanket Mine, the company announced on Tuesday. The shaft, which has taken six years to complete, was wholly funded through internally...
By Farai Shawn Matiashe One afternoon in Mupindi Village, Gokwe South, more than 400 kilometres from Zimbabwe’s capital Harare, a smallholder farmer called Bernard Mupindi is pruning the rough, hairy triangular leaves that grow around...
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