SIMBISA Brands (Simbisa) says it embarked on an organisational restructuring exercise during the year ended June 30, 2023 with a brand-focused approach.Advertisements
finance
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National Report
CZI flags NDS1 targets policy gaps
by Farai Mabeza, Senior Staff Writer 0 minutes readTHE Confederation of Zimbabwe Industries (CZI) says the manufacturing sector’s negative performance reflects a gap between government policy measures and set National Development Strategy 1 goals.Advertisements
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THE Zimbabwe Investment and Development Agency (Zida) says the energy sector was the peak of new investment in the third quarter of 2023, as six projects worth US$2,8 billion were …
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BOTH industrial hemp and medicinal cannabis producers still have a huge task of convincing the financial sector to fund production costs due to legal and perception hurdles, experts say. Advertisements
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Top Stories
‘US dollar use move will boost economy’
by Mishma Chakanyuka, Staff Writer 0 minutes readEXPERTS say the recent extension of the country’s multi-currency system to 2030 will unlock much-needed long-term funding for commerce and industry. Advertisements
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THE dairy sector has lowered its annual milk output target by nine million litres to 100 million due to high production costs. Advertisements
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Top Stories
Sinking mineral prices ‘a dark cloud over economy
by Almot Maqolo, Staff Writer 0 minutes readANXIETY is mounting over the threat of softening mineral prices hurting Zimbabwe’s economic progress this year and the next, with analysts this week warning that escalating tensions in the Middle …
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WEB-based trade infrastructure solutions provider Kulies.com says payment processing systems across the continent’s borders need to be fixed to improve the ease of doing business climate, as it eyes opportunities …
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EXPERTS say the bulk of Zimbabwean businesses are not yet prepared to participate in the African Free Continental Trade Area (AfCFTA) even though it presents a new impetus for investment, …
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Companies & Markets
Improved production capacities to prop up Innscor
by Mishma Chakanyuka, Staff Writer 0 minutes readLOCAL research firm says it expects Innscor Africa’s revenue to grow by 3,2 percent to US$829,60 million in the full year 2024, driven by enhanced production capacities and route-to-market initiatives.Advertisements