Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...
According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...
Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30. This is in spite of a drop in occupancy leve...
CBZ Holdings Ltd reported seemingly strong earnings and made it rain for investors but the currency situation did not play in favour of the financial services group.A quick analysis of the December 20...
THE Cotton Company of Zimbabwe (Cottco) plans to put a minimum of 100 000 hectares across the country under commercial cotton farming with the sector poised to generate a minimum of US$1 billion annua...
GOVERNMENT is targeting to generate foreign currency through human capital exportation and has renewed negotiations with South Sudan over exporting unemployed graduates. In the past, Government reveal...
Masimba Holdings, a Zimbabwe Stock Exchange-listed contracting company, expects Zimbabwe's infrastructure sector to recover strongly in the outlook and drive its contracting business.CEO Canada Malung...
Profit after tax for non-life insurers more than trebled to $33,63 million in 2017 from the previous year aided by a growth in gross premium written (GPW) and investment income, a new report by the in...
MIDLANDS State University (MSU) Acting Vice Chancellor Professor Victor Muzvidziwa says the recently opened innovation hub will give the institution the opportunity to generate more revenue for it ope...
ZIMBABWE's mining sector is expected to contribute over 70 percent of foreign currency earnings this year riding on renewed interest and investor confidence being created by the new political administ...
TORONTO Stock Exchange listed miner, Caledonia Mining Corporation, anticipates a $5,1 million boost in income for its local gold mining unit, Blanket Mine, for the year to December 31, 2018, after the...
Zimbabwe seeks a seven-fold growth in tourism export earnings - as much as $7 billion by 2030 - to be achieved through effective marketing, product development and facilitation and access, a strategy ...
Spirits and wines maker, African Distillers Limited's (Afdis) says demand for its products remained buoyant but could not be fully satisfied due to the inconsistent supply of finished products owing t...
THE revival of Ziscosteel will cut $350 million worth of steel imports and generate in excess of $1 billion in export earnings, Industry and Commerce Minister Dr Mike Bimha said yesterday.Responding t...
Buildings and associated industries concern, Turnall Holdings Limited's restructuring of its balance sheet is expected to be completed this year as the group focuses on reversing earnings declines exp...
ZIMBABWE'S tobacco export earnings have increased by 10.5 percent to $422.8 million compared to $382.6 million generated during the same period last year.The country exports flue-cured tobacco to diff...
ZIMBABWE's tobacco export earnings have risen 13 percent to $380.6 million from $334.8 million, but the average price has since come off marginally.The bulk of the tobacco went to mainly South Africa ...
Reserve Bank of Zimbabwe Governor Dr John Mangudya is making frantic efforts to grow Zimbabwe's foreign currency earnings across industry in a bid to address foreign currency shortages that resulted i...
ZBFH reported a better than expected H1 17 performance highlighted by a 39.9% increase in attributable earnings to $7.9m, for eps of US 4.49cents. The performance was driven by increased transactional...
Zimbabwe has registered a slight growth in export earnings after earning $2,58 billion up from $2,57 billion as of June 16 this year, compared to the same period last year.Finance minister Patrick Chi...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya clocked three years at the helm of the apex bank in March this year.Our Business Editor, John Kachembere, spoke to the central bank chief who is a...
South Africa's explosives and specialty chemicals group AECI advised its shareholders that it expects to report a 30% to 35% increase in its headline earnings per share (HEPS) for the six months ended...
Lack of production by local firms is hindering the ability of the country to increase foreign exchange inflows to sustain productive sectors.The government has adopted a number of policies aimed at re...
Zimbabwe's platinum earnings slumped 11 percent to $495 million last year from $554 million realised in 2013 due to depressed global platinum prices, latest Chamber of Mines (CoM) figures reveal.The r...
Impala Platinum Holdings (Implats) - the world's second-largest platinum producer - has projected lower earnings for the half year to December 2014 due to disruptions caused by the collapse of its Zim...