Invest Wisely
BETA Holdings, currently under corporate rescue, intends to settle US$8.7 million owed to clients for pre-paid bricks, roofing tiles and aggregates through product deliveries over an 18-month period, commencing in … Read More
Diversified agro-industrial concern, National Foods Limited (NFL), has said the newly established flour milling plant in Bulawayo has seen an improvement in capacity utilisation from about 200 tonnes to 300 … Read More
Zimbabwe’s manufacturing sector is demonstrating encouraging signs of growth, as evidenced by the latest Volume of Manufacturing Index (VMI) statistics released by the Zimbabwe National Statistics Agency (ZimStat). According to … Read More
GOVERNMENT has called for increased sunflower production across the country as a strategic import substitution measure aimed at reducing the over US$200 million spent annually on importing cooking oil. Sunflower … Read More
MANUFACTURERS experienced stagnant growth during the fourth quarter of 2024, as the perception towards the business climate continued to remain negative, a new report shows. According to the Zimbabwe National … Read More
Brick-making firm Willdale Limited, listed on the Zimbabwe Stock Exchange (ZSE), is positioning itself to capitalise on the construction boom in infrastructure development. Zimbabwe has seen increased activity in housing … Read More
Zimbabwe’s cigarette output fell by nearly 50 percent, data from a Tobacco Industry and Marketing Board (TIMB) report shows, citing operational “challenges” at a major manufacturer. The 2024 figures indicate … Read More
THE Labour Court has ordered the reinstatement of 140 Zimasco employees who were retrenched in a process deemed irregular due to non-compliance with legal notice requirements. The court’s ruling centred … Read More
THE Government, through the Ministry of Industry and Commerce, is pursuing collaborations with cement manufacturers to improve the sector’s competitiveness, create employment and reduce cement imports. Zimbabwe is losing approximately … Read More
PPC Zimbabwe has maintained its debt-free status, spurred by improved business performance and impressive cash flow generation as of January 31, 2025, according to the latest financial update. The company … Read More
