Raw milk production continues to improve
Milk production is forecast to increase under the livestock and recovery growth plan. Zimbabwe’s raw milk production in April rose 22,38 percent to 7,2 million litres compared to 5,9 million … Read More
Author: Admin
Zimbabwe’s electricity access rate moves to 53pc
Zimbabwe’s electricity access rate stood at 53 percent of the population in 2020, with 86 percent of those with access being in urban areas while 14 percent are in rural … Read More
Kuvimba acquires stake in GDI
As part of growing its asset base by acquiring and reviving mothballed footprint, KHM also intends to resuscitate the Club and Tiger Gold Mine in Kwekwe. ONE of Zimbabwe’s largest … Read More
Zim thermal power plan under threat
ZIMBABWE’S plan to refurbish two idle coal-fired power stations has been thrown into disarray by China’s decision to ban investment in plants burning the dirtiest fossil fuel outside its borders. … Read More
‘Banks letting down farmers’
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe’s agricultural financing needs an overhaul because banks and other financial institutions were letting down farmers. Nyabadza said … Read More
WB revises downwards Zim growth
THE World Bank (WB) has projected that Zimbabwe’s gross domestic product (GDP) would grow at a much slower pace this year compared to 2021, after being held back by a … Read More
Tanganda revenues slide as exports fall
ZIMBABWE Stock Exchange-listed agro dealer, Tanganda Tea Company Limited has reported a 7% drop in revenue for the six months ended March 31, 2022, compared to the same period prior … Read More
Power cuts hit brick makers
ONE of Zimbabwe’s largest clay brick manufacturers, Beta Bricks, says the sector has been pushed to the brink by rolling powercuts. The power crisis has escalated as demand has been … Read More
Warming Africa threatens insurers’ quest for profit
The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle-class, but climate change could complicate their quest for profits. With Western … Read More
Gwanda mine raises US$8 million from Victoria Falls bourse
WITH only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the United … Read More
