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The Government plans to establish a revolving fund to support local production of pharmaceuticals to reduce reliance on imports, according to a new policy document.
View ArticleBridgeFort diversifies into financial services
Nelson Gahadza BRIDGEFORT CAPITAL, formerly Medtech Holdings, is moving to establish itself as a leading financial services business in Africa through the acquisition of Diaspora Kapita (DK), a South...
View ArticleZimplats records 3pc production increase
ZIMPLATS, the country’s largest platinum group metals (PGMs) miner, says mined volumes increased by three percent both year-on-year and quarter-on-quarter on the back of ramp-up in production at Mupani...
View ArticleRangeland management: The key to sustainable livestock farming
As the rainy season approaches and farmers prepare for the transition from the dry season, one key area of focus is rangeland management.
View ArticleWinter wheat harvest tops 500 000 tonnes
ZIMBABWE has harvested a record 518 502 tonnes of wheat from 106 238 hectares, as of November 1, 2024, while the winter wheat harvesting process continues.
View ArticleNumber of idle youth falls in Q3
The Zimbabwe National Statistics Agency (ZimStat) says the number of unemployed youths enrolling for vocational training, following the revival of such centres by the Government last year, continues to...
View ArticleDuties of executors in deceased estates
In the past, I have written several articles on the administration of deceased estates. One of the key requirements in estate administration is the appointment of an executor. In this article I look at...
View ArticleWhere post-GNU money has been made on the JSE
The JSE All Share Index is up 13 percent over the last six months – since early May – where the prevailing mood in the country was of uncertainty given the national and provincial elections at the end...
View ArticleDairybordy in dispute with distributor over unpaid bill
ZIMBABWE Stock Exchange 9ZSE) listed dairy and beverage company Dairibord Zimbabwe is in a dispute with local distributor, Masters, over the non-payment of inventory supplied under a US$40 000 credit...
View ArticleVitol, Trafigura grab bulk shipments from Dangote oil
Vitol Group, Trafigura Group, and BP Plc are the main buyers of fuel from Nigeria’s new Dangote oil refinery, which is making waves in petroleum trading across Africa and Europe.
View ArticleMarkets say record breaking bitcoin rally to persists
The futures market is suggesting that the record-breaking rally in Bitcoin triggered by Donald Trump’s victory in the US presidential election may just be getting started.
View ArticleZERA cuts fuel prices for November
The Zimbabwe Energy Regulatory Authority (ZERA) has announced reduced fuel prices for November, in a development expected to benefit individual consumers and businesses.
View ArticleChina export growth jumps to 27-month high as tariff risks loomChina export...
China’s export growth surged in October to the fastest since July 2022, extending a months-long boost to the economy that may be jeopardised by Donald Trump’s reelection and his tariff threats.
View ArticleTrump’s return invokes memories of 24/7 tweets
Donald Trump is back – and so is the risk of social-media posts that can come at all hours with the power to roil global markets.
View ArticleEdgars banks on festive season, after volume fall
Clothing retailer Edgars Stores Limited says pressures on disposable incomes resulted in reduced retail volumes in the 26 weeks ended July 7, 2024, after total group units sold declined by 22,4 percent...
View ArticleVic Falls to get two new upmarket hotels
Victoria Falls, the hub of Zimbabwe’s tourism industry, is set to have two new upmarket hotels constructed in the resort town at a combined cost of US$114,3 million.
View ArticleInter-ministerial taskforce targets rogue businesses
Blessings Chidakwa, Herald Reporter CABINET has approved the setting up of an inter-ministerial taskforce to clampdown on errant business malpractices which include currency manipulation, use of...
View ArticleUK firm’s Zim lithium project stalled by funding
PREMIER African Minerals says operations at its Zulu Lithium and Tantalum project in Insiza, Matabeleland South Province remain suspended as the company continues to navigate financial and operational...
View ArticleFrench bank sees others adding to 400m South Africa climate loan
The head of France’s state development bank expects other development finance institutions to add to a €400 million (US$432 million) climate loan for South Africa that partners will likely sign within...
View ArticleInside PnP’s plan to double subsidiary in 5 years
Pick n Pay’s Boxer subsidiary, which will list on the Johannesburg Stock Exchange (JSE) before the end of 2024, has an ambitious plan to double its turnover within five years.
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