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

BUSINESS NEWS

Zimbabwe exports shoot up marginally

ZIMBABWE's exports increased by 1,8 percent last month rising from $267,1 million in May to $384,4 million in the month of June, official trade figures show.The improved month-on-month export performa...

By Staff reporter | Published: 15 July 2018

BUSINESS NEWS

ZimTrade intensifies efforts to increase exports

THE national export promotion agency, ZimTrade, has intensified efforts to increase exports through engagement with different companies in the services sector.In its monthly newsletter for June, ZimTr...

By Staff reporter | Published: 11 July 2018

LANDS & AGRICULTURE

Virginia tobacco exports reach $184m

Zimbabwe has so far earned $184,3 million after exporting 45,2 million kg of tobacco to 49 countries, a setback of 76 million on export earnings realised during the same period last year. According to...

By Staff reporter | Published: 11 July 2018

INDUSTRIALS & ENERGY

Sakunda plans power exports

SAKUNDA Holdings is in negotiations with the Zimbabwe Regulatory Authority (Zera) and other statutory bodies to export electricity from its 200-megawatt Dema Power Plant to Zambia before year end, bus...

By Staff reporter | Published: 06 July 2018

INDUSTRIALS & ENERGY

Ban scrap metal exports

LOCAL steel manufacturers have called for a temporary freeze on the export of scrap metal until domestic demand is satisfied, as they seek to meet local steel product requirements.The pledge comes at ...

By Staff reporter | Published: 21 June 2018

BUSINESS NEWS

Zim Dutch exports hit $100 000

ZIMBABWE's exports to the Netherlands have gradually increased since 2002 to reach $100 000 last year from $60 000 in 2016.The Netherlands and Zimbabwe have been trading partners for years, especially...

By Staff reporter | Published: 15 June 2018

MINING & RETAIL

Edgars to resume exports

GIANT clothing manufacturer and retailer, Edgars Group, says it will soon resume garments and clothing exports into the region.In an interview after the ZimTrade/Zimra stakeholder engagement seminar h...

By Staff reporter | Published: 05 June 2018

INDUSTRIALS & ENERGY

Call for scrap metal exports ban

SCRAP METAL exports have seriously curtailed industrial production of gold processing equipment and spare parts produced by local foundries, manufacturers in the sector have said.Local foundries have ...

By Staff reporter | Published: 23 May 2018

ECONOMC INDICATORS

Zimbabwe exports up 46%

ZIMBABWE's exports increased by 46 percent to $329,6 million in the first four months of the year compared to $225,6 million during the comparable period last year, official trade figures show.The imp...

By Staff reporter | Published: 15 May 2018

BUSINESS NEWS

Zim exports to South Africa improve

Zimbabwe's exports to South Africa have improved since January reflecting a sudden recovery of strategic local firms in terms of productivity and competitiveness on commodities and services.South Afri...

By Staff reporter | Published: 11 May 2018

BUSINESS NEWS

Leather sector tipped to drive exports

ZIMBABWE'S leather sector stands to reap increased exports for the economy from the recently launched African Continental Free Trade Area (AfCFTA), if given adequate support, according to ZimTrade.The...

By Staff reporter | Published: 07 May 2018

Zim first quarter mineral exports up 14%

Zimbabwe's mineral exports revenue in the first quarter to March this year rose 14 percent driven by sales in platinum group metals and nickel, latest statistics have shown. According to the Minerals ...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Schweppes starts exports to Zambia

Beverages producer, Schweppes Zimbabwe has begun exports of Mazoe Orange Crush to Zambia to boost foreign currency earnings at a time the country is facing shortage of hard currency, managing director...

By Staff reporter | Published: 20 April 2018

MINING & RETAIL

Zimbabwe mineral exports up 12%

MINERAL exports revenue jumped 12% to US$372,5 million in the first quarter of the year (Q1) compared to US$332,4 million in the same period in 2017 driven by increased tonnage output.Figures released...

By Staff reporter | Published: 20 April 2018
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