Economy

Economy

economy

Zimbabwe’s 2025 rebound stronger than expected - IMF

Zimbabwe’s 2025 rebound stronger than expected – IMF

Africa-Press - Zimbabwe. HARARE, Nov. 7 (NewsDay Live) — Zimbabwe’s economy is rebounding faster than expected in 2025, buoyed by higher gold prices, a...
BATZ injects US$34,7m in 2024

BATZ injects US$34,7m in 2024

Africa-Press - Zimbabwe. TOBACCO firm, British American Tobacco Zimbabwe (BATZ) has revealed that it injected directly and indirectly US$34,7 million into the economy in...
Afdis PAT jumps to 41% as tax wrangle with Zimra drags on

Afdis PAT jumps to 41% as tax wrangle with Zimra drags on

Africa-Press - Zimbabwe. AFRICAN Distillers Limited (Afdis) posted a near 41% jump in profit after tax to US$3,59 million for the half year ended...
WIFE, Mukuru partner on sunflower project for rural women

WIFE, Mukuru partner on sunflower project for rural women

Africa-Press - Zimbabwe. WOMEN in Farming and Entrepreneurship (WIFE) has named Mukuru as its sole financing partner for a new agripreneurship initiative aimed at...
Banks challenged to fund local green businesses

Banks challenged to fund local green businesses

Africa-Press - Zimbabwe. GOVERNMENT has called on financial institutions to partner local businesses, particularly in the green economy, arguing that the country’s natural resources...
Sexual harassment scandal rocks Zimbabwe Leaf Tobacco

Sexual harassment scandal rocks Zimbabwe Leaf Tobacco

Africa-Press - Zimbabwe. A SEXUAL harassment scandal, implicating a senior manager, is threatening to engulf Zimbabwe Leaf Tobacco (ZLT), amid allegations that top officials...
Furore over Harare’s US$750m water meter project

Furore over Harare’s US$750m water meter project

Africa-Press - Zimbabwe. A PROPOSED US$750 million smart water meter project has sparked fierce debate among Harare councillors, who are demanding clarity on how...
Prioritise industrial revival in Bulawayo: Ncube

Prioritise industrial revival in Bulawayo: Ncube

Africa-Press - Zimbabwe. BULAWAYO Provincial Affairs and Devolution minister Judith Ncube has urged Parliament to prioritise industrial revival in Bulawayo. She made the remarks yesterday...
CZI cites weak demand, expects inflation easing to 15%

CZI cites weak demand, expects inflation easing to 15%

Africa-Press - Zimbabwe. THE Confederation of Zimbabwe Industries (CZI) has revealed that October’s 50-percentage-point inflation drop reflects weak demand and statistical effects, projecting annual...
ZNCC urges Treasury to clear the payment backlog

ZNCC urges Treasury to clear the payment backlog

Africa-Press - Zimbabwe. THE Zimbabwe National Chamber of Commerce (ZNCC) has implored the government to expedite payments to its contractors to avert a liquidity...