Zimbabwe’s tobacco sales have reached a record high of 237.1 million kg with a week to go before the selling season ends, official data showed on Friday, raising hopes its second biggest export could help ease the country’s severe...
ZIMBABWE tobacco sales have reached 220 million kg, the highest since land reform began and the second highest output of all time. A total of 221,829,400 kg had been sold on auction and contract by Tuesday, according to Zimbabwe Tobacco...
WITHIN hours of Emmerson Mnangagwa being inaugurated, Harry Greaves, executive director of Prospect Resources, got a call from the Ministry of Mines. The Government wanted to know how Arcadia Mine, a lithium project that had up to that point been...
SUGAR processor Star Africa Corporation’s successful debt restructure has helped the company attain a positive net asset value of $1 million in the 2018 financial year, from a net liability position of $41 million last year. A High Court-sanctioned reconstruction...
SUGAR exports from Zimbabwe to the United States and regional markets declined 62 percent in the year ended March 2018, due to decreased production and increased local demand, industry giant Tongaat Hulett has reported. South Africa’s Tongaat Hulett dominates Zimbabwe’s...
The MDC's bold plan to join Southern African customs and currency blocs has implications beyond Zimbabwe's borders, write Catherine Grant Makokera and Brian Mureverwi IF it came off, a proposal by Zimbabwe’s official opposition to join the oldest customs union...
By Neville Mandimika UNDERSTANDING market nuances is everything in Africa and Zimbabwe’s newest currency — the bollar — is the epitome of idiosyncrasy. The bollar is the street name given to bond notes, the non-convertible currency introduced in November 2016, of...
ZIMBABWE'S economy requires commercial bridge loans, donor support, relief on its huge dollar-denominated debt and, ultimately, an IMF program. The first steps in this process began with the removal of Robert Mugabe (a long-standing obstacle to international re-engagement) and the...
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