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