Zimbabwe boasts of big earnings from tobacco each year, but these figures hide the true picture; growers are sinking in debt, the industry is not attracting new farmers and the country is not earning as much as...
The government will no longer immediately evict villagers to make way for a controversial Lucerne project in Chilonga, but the Lucerne grass irrigation scheme will still go ahead and the land is no longer communal.
Takura Capital has taken control of agro-processor Interfresh Limited, as it bids to revive yet another stricken big brand.
The private fund has, in recent years, rescued and relaunched many struggling companies, among them...
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...
