EVEN as the country closes in on an all-time record of tobacco output, the government has tasked the Tobacco Research Board (TRB), now rebranded to Kutsaga, to come up with …
finance
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THE Zimbabwe Investment Development Agency (Zida) says foreign direct investment (FDI) into the country has remained low due to several factors, including the perceived ease of doing business in the …
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Top Stories
‘We’ve raised over US$50 million on VFEX’
by Farai Mabeza, Senior Staff Writer 0 minutes readTHE Victoria Falls Stock Exchange (VFEX) was established in 2020 as a subsidiary of the Zimbabwe Stock Exchange (ZSE) to operate in the Victoria Falls Special Economic Zone. Our Senior …
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Companies & Markets
TSL to complete new warehouse by Feb ’24
by Mishma Chakanyuka, Staff Writer 0 minutes readZIMBABWE Stock Exchange-listed company, TSL Limited, says the construction of its new warehouse in Harare should be complete by February next year.Advertisements
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National Report
GB sits at 50 percent capacity utilisation
by Mishma Chakanyuka, Staff Writer 0 minutes readBELT and rubber manufacturer General Beltings Holdings (GB) says it is currently operating at 50 percent capacity utilisation, but is ready to meet customer demands.Advertisements
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DAIRIBORD Holdings (Dairibord) says it invested in a second Tetrapak carton filling machine that is largely biodegradable, as the firm commits to migrate to recyclable carton lids.Advertisements
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SEED CO International (Seed Co) says it is revamping both its business model and balance sheet to address the growing cost of conducting business and to protect itself against …
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National Report
Khayah spends US$25 million on new plant
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readKHAYAH Cement (Khayah) says it has expended US$25 million over three years to construct its new vertical mill plant.Advertisements
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Companies & Markets
Delta’s US$70 million quest to bolster value chains
by Farai Mabeza, Senior Staff Writer 0 minutes readDELTA Corporation (Delta) expects its new US$70 million capital expenditure splurge to provide growth of at least one third across its value chains.Advertisements
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Top Stories
Gird for lengthy liquidity squeeze
by Emmerson Njanjamangezi, Group Features Editor 0 minutes readTHE current Zimbabwe dollar liquidity squeeze will continue for a while longer as authorities strive to further stabilise the local currency and inflation, the Reserve Bank of Zimbabwe (RBZ) has …