PPC Africa got a US$4.4 million dividend from its Zimbabwe operations in June, and says cement demand in the country remains solid despite three price increases this year.
The country’s biggest cement company says...
Dairibord sales volumes grew 11% in the first half of the year, driven by growth in non-dairy units, but costs are overspilling and the traditional milk business is soured by lower milk deliveries.
Lafarge has completed the construction of a new mill that will double its cement manufacturing capacity - but it cannot use the new plant because it owes the supplier US$5.2 million.
The new...
By Ranga Mberi
A few days ago, a friend who works for the government invited me to attend the launch of “Brand Zimbabwe” in Harare.
What was this about?
Huayou Cobalt, the Shanghai-listed metals company which bought Arcadia lithium mine last year, expects to complete the construction of a processing plant by year-end and deliver its first output in the first quarter of 2023.
By Tonderai Maruke
With growing uncertainties in Britain and South Africa, must Zimbabwe prepare for the reality of weaker remittances in the near term?
This week, the British pound touched its...
By Alastair Ford
Zimbabwe has been a complicated place to do business over the past few decades.
No doubt about that.
But if there’s one company that’s...
By Memory Mataranyika and Tawanda Karombo
South African companies operating in Zimbabwe are increasingly under pressure as the operating environment deteriorates and new regulations eat into their income.
Dallas Langman, Africa...
China imported agricultural products worth US$332 million from Zimbabwe in the first seven months of this year, an increase of 111.6% year on year.
The jump in imports shows China's potential as a big...
Zimplats spent US$270 million on capital projects in the year to June, up from US$159 million in the previous year, as the company expanded operations and replaced depleted mines.
Last year, Zimplats announced US$1.8...
