Lithium sector may cull over 1 000 jobs

Prospect Lithium Zimbabwe also had plans to reduce the labour force by about 164 employees effective from January 2024, citing lithium prices, according to workers’ unions.
By Mthandazo Nyoni Feb. 18, 2024

Animal husbandry key to agriculture: IH Securities

Animal husbandry refers to livestock raising and selective breeding for profit, an enterprise which many farmers in Zimbabwe relies on for sustenance and livelihoods.
By Tafadzwa Mhlanga Sep. 11, 2023

Zim banks on cusp of dramatic seismic shift

The report covers banking sector dynamics from the end of 2021 to the first half of this year.
By Shame Makoshori Sep. 8, 2023

‘Zim’s electricity sector outlook remains troubled’

As a result of the electrification deficit, the common energy source is firewood.
By Mthandazo Nyoni Jun. 29, 2023

Consumer demand strong despite tough environment

These developments are likely going to weigh down on the projected 3,8% gross domestic product (GDP) growth forecasted by the government.
By Mthandazo Nyoni Jun. 23, 2023

ZSE growth fell 30% in April

At a current market cap of US$1,9  billion, researchers said the ZSE is still trading at a discount to the long-term average of US$4 billion.
By Mthandazo Nyoni May. 10, 2023

Deepening Zim crisis frustrates companies

The government will use a weighted average of products and services priced in Zimbabwe dollars and US dollars to determine a blended rate.
By Mthandazo Nyoni May. 5, 2023

NMB to remain profitable in FY23

For the FY2022, the group reported revenue of $43,90 billion, up 439% year-on-year.
By Staff Reporter Apr. 24, 2023

National Foods revenue seen at US$302,5m

Amongst key measures was the introduction of the 200% key policy rate which exacerbated costs of Zimbabwe dollar debt.
By Melody Chikono Apr. 16, 2023