TWO agriculture investors in Chegutu, Mashonaland West have embarked on a joint venture project in the citrus sector with farmers, which could significantly boost production with the Chinese market beckoning.Advertisements
finance
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AXIA Corporation (Axia) aims to leverage its expertise and resources to explore new markets and increase its customer base despite the challenging operating environment.Advertisements
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THE Zimdollar (Z$) will experience double-digit depreciation next year and the local economy will remain highly dollarised, a leading researcher has said.Advertisements
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Top Stories
Zim dollar campaign faces lots of hurdles
by Mishma Chakanyuka, Staff Writer 0 minutes readAMID rising local use of the greenback, many companies are increasingly reporting their financials in US dollars or seriously considering doing so going forward.Advertisements
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LOCAL companies expect the operating environment in Zimbabwe to remain challenging in the medium term on the back of declining disposable incomes amid persistent currency volatility.Advertisements
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ZIMBABWE’S platinum output is estimated to have increased by 11 percent, year-on-year, during the third quarter of 2023, reaching 129 000 ounces (oz), an all-time high, according to the World …
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Sport
Mick Schumacher to race for Alpine in World Endurance Championship
by Paul Nyakazeya, Group Digital Editor 0 minutes readMick Schumacher will race in the World Endurance Championship for Alpine next season.Advertisements
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Companies & Markets
Sandawana in talks to raise US$220 million
by Almot Maqolo, Staff Writer 0 minutes readSANDAWANA Mine (Sandawana) says it is holding talks with potential partners to raise about US$220 million to start further beneficiation of spodumene concentrate.Advertisements
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IN September, Fitch Solutions revised downwards its forecast for Zimbabwean credit growth to 200 percent in 2023, from 220 percent previously, reflecting the slight strengthening of the Zim dollar following …
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National Report
Turnall focuses on recapitalisation
by Mishma Chakanyuka, Staff Writer 0 minutes readTURNALL Holdings (Turnall) remains focused on its strategy to re-capitalise its factories, enhance production efficiencies and contain costs.Advertisements