INDUSTRIALS & ENERGY

ART's sales, exports tumble

Publicly traded conglomerate Amalgamated Regional Trading Holdings Limited (ART) is grappling with a challenging trading environment, with its latest performance report for the third quarter ended Jun...

By Staff reporter | Published: 21 August 2025

BUSINESS NEWS

Zimbabwe's broken railways threaten lithium, tobacco exports

Zimbabwe's crumbling railway system, once the backbone of the economy, has become a major obstacle to growth, inflating transport costs, stifling exports, and threatening emerging sectors such as lit...

By Staff reporter | Published: 16 August 2025

LANDS & AGRICULTURE

Zimbabwe scales up crocodile exports

The Government of Zimbabwe has stepped up efforts to scale up crocodile farming and exports, focusing on Binga District as a key node in its agro-wildlife economy. The move comes amid growing global d...

By Staff reporter | Published: 07 August 2025

MINING & RETAIL

Zimbabwe pushes for total ban on chrome ore exports

The Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will engage the Ministry of Mines and Mining Development to push for a complete ban on chrome ore exports as part of efforts to drive inve...

By Staff reporter | Published: 05 August 2025

ECONOMC INDICATORS

Tobacco, gold dominate Zimbabwe's exports

Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Illegal lithium exports undermine Zimbabwe's mineral wealth

In 2023, Peter, a truck driver, approached a border checkpoint between Zimbabwe and Mozambique carrying a sealed container he believed held chrome, a mineral listed on the shipment paperwork. Having t...

By Staff reporter | Published: 10 July 2025

MINING & RETAIL

Zimbabwe gold exports jump 25% in June

Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...

By Staff reporter | Published: 04 July 2025

BUSINESS NEWS

Zimbabwe's exports surge by 13.5%

Zimbabwe's export earnings surged by 13.5 percent in March 2025 to reach US$581.9 million, up from US$512.6 million in February, underscoring the country's growing productivity, mineral output and the...

By Staff reporter | Published: 03 May 2025

BUSINESS NEWS

EU scraps duty on Zimbabwe exports

In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Duty free access into EU for Zimbabwe exports

The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...

By Staff reporter | Published: 25 April 2025

INDUSTRIALS & ENERGY

ZESA set to increase power exports to Namibia

State-run Zimbabwe Electricity Supply Authority (ZESA) senior officials are expected to meet with executives from Namibia's electricity company NamPower and finalise some on-going negotiations for the...

By Staff reporter | Published: 30 September 2019

BUSINESS NEWS

Starafrica eyes 10% increase in exports

After concluding an agreement with ZETDC last month to ensure continuous power supply to the factory, Starafrica Corporation intends to recover 10% of production lost by accelerating export sales in t...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Zimbabwe earns US$5bn through exports

ZIMBABWE'S foreign currency receipts are close to US$5 billion from January to date, which indicates that the country is generating sufficient forex to cater for its economic requirements, Industry an...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Gold weighs on June exports

ZIMBABWE's exports fell 32 percent in June this year weighed down by reduced shipments of major mineral exports, latest statistics from the Reserve Bank of Zimbabwe (RBZ) show. The drop in exports cam...

By Staff reporter | Published: 24 September 2019

MINING & RETAIL

Zimbabwe scraps 15% tax on raw platinum exports

Zimbabwe's platinum mining companies have come up with a roadmap for refinery plants that have seen the government considering the removal of a 15 percent tax on raw exports for the commodity.While co...

By Staff reporter | Published: 16 July 2019

INDUSTRIALS & ENERGY

Delta to revive malt exports as forex shortages continue to bite

Delta Corporation has invested close to US$4m in its barley contract-farming scheme, targeting a yield of 35,000 metric tonnes this year and with an objective of earning foreign currency from malt exp...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

'Zimbabwe should diversify its exports'

ZIMBABWE needs to urgently diversify its exports as a strategy to narrow the trade deficit and widen opportunities for increased foreign currency earnings, ZimTrade chief executive officer, Mr Allan M...

By Staff reporter | Published: 03 May 2019

MINING & RETAIL

Zimbabwe gold exports dip 17%

Zimbabwe's gold exports receipts were down 17 percent to US$273.5m in the first quarter of the year due to low deliveries attributed to reduced foreign retention threshold. In the quarter 6.5 tonnes o...

By Staff reporter | Published: 25 April 2019

MINING & RETAIL

Zimbabwe targets US$4bn in mining exports

Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

ZimTrade aims to increase exports by 10%

TRADE and export promotion body ZimTrade has projected to increase exports of value-added goods and services by 10 percent this year through lining-up various promotional programmes aimed at encouragi...

By Staff reporter | Published: 20 January 2019

BUSINESS NEWS

Zimbabwe mulls labour exports to S. Sudan

GOVERNMENT is targeting to generate foreign currency through human capital exports and has renewed negotiations with South Sudan to send unemployed graduates to that country. Government has previously...

By Staff reporter | Published: 01 January 2019

INDUSTRIALS & ENERGY

Chloride Zimbabwe targets battery exports

Zimbabwe's battery manufacturer, Chloride Zimbabwe is targeting enhanced exports next year following a strong performance that has raked in $6 million.The battery firm's $5 million investment in a new...

By Staff reporter | Published: 16 December 2018

BUSINESS NEWS

RBZ creating artificial money to fund gold exports

THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...

By Staff reporter | Published: 13 September 2018

MINING & RETAIL

Aurex doubles exports

AUREX Holdings (Aurex) has doubled its jewellery exports after inking international marketing agreements with companies such as Suzan General Trading (Suzan), officials say.This also comes as the firm...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Millions lost through scrap metal exports

Zimbabwe could save at least $11 million per month and hundreds of jobs if it stops exporting scrap metal and beneficiate it locally, the Zimbabwe Institute of Foundrymen (ZIF) has said. The foundry i...

By Staff reporter | Published: 27 July 2018
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