finance

TANGANDA Tea Company (Tanganda) nearly doubled its support for the tea outgrowers scheme to $115,06 million in the year ended September 30, 2023 from $59,11 million in the prior comparable …

CFI Holdings (CFI) says it is looking at strategic raw material procurement to sustain operations while diversifying its retail lines away from dependence on agro-inputs.Advertisements

ZIMBABWE’S insurance industry must focus on innovation and tailored products to bring up the country’s penetration, according to Old Mutual Zimbabwe group chief executive Samuel Matsekeke.Advertisements

TRUWORTHS Zimbabwe (Truworths) says the lack of US dollar long-term finance hampered the growth in credit sales in the six months ended January 7, 2024.Advertisements

INDEPENDENT national television station, 3Ktv — which celebrated a full two years of non-stop live broadcasting yesterday — is proving to be a major boon for marketers.Advertisements

ZIMBABWE’S capacity utilisation target of approximately 60 percent for 2024 is likely to be missed due to a host of economic challenges, according to M&J Consultants (M&J).Advertisements

FOSSIL Group has called upon Zimbabwean companies to shift their focus from arbitrage-based profit-making to more fundamental business practices, given the currency risk environment.Advertisements

AVM Africa, a long-established Zimbabwean bus manufacturer, has outlined a bold revitalisation strategy targeting a return to its prior capacity of 50 buses per month.Advertisements

THE Mukuyu Field, operated by Australian explorer Invictus Energy, has secured prominent recognition as the second-largest discovery in Sub-Saharan Africa for 2023, according to a leading energy consultancy, Wood Mackenzie.Advertisements

EVERSHARP volumes rose 19 percent to 15,18 million units in the first quarter ended December 31, 2023 attributed to improved product availability.Advertisements