April 09
Zimbabwe: Crisis As Sugar Prices Hit U.S.$4 Per 2kg Packet
THE cost of living continues to spiral beyond the reach of many with sugar souring to a high of US$4,00 per 2kgs over the last weekend. Read more »
March 25
Zimbabwe: Zim Has Adequate Sugar Stocks for Domestic, Industrial Consumption - ZSA
THE current drought induced by the El Nino phenomenon will not have any impact on the availability of sugar on the market, industry players have said. Read more »
November 14, 2023
Zimbabwe: Govt Summons COTTCO Over U.S.$6.8 Million Debt to Farmers
Government says it is troubled by late payments of cotton farmers by contractors including the Cotton Company of Zimbabwe (COTTCO) which still owes textile growers over US$6.8m… Read more »
June 30, 2023
Zimbabwe: Tongaat Huletts Decries Cheaper Sugar Imports Impact On Local Industry
Listed sugar processor, Tongaat Huletts says cheaper sugar imports are negatively affecting the country's local industry by depressing sales volumes amid concerns of exposing… Read more »
March 15, 2023
Zimbabwe: RBZ Auction Allots U.S.$20 Million As Tobacco Sales Expected to Boost Liquidity
The Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction this week allotted a total US$20 million amid expectations that the commencement of the 2023 tobacco selling season will… Read more »
February 21, 2023
Zimbabwe: Hippo Valley Feels the Pinch of Duty Waiver On Basic Commodities
Listed sugar producer, Hippo Valley Estates is still enduring the pains of a duty waiver placed on basic commodities after suffering a significant decline of sugar sales. Read more »
November 25, 2022
Zimbabwe: Mining Firms to Pay 50% Royalties in Gold, Diamond, Platinum and Other Mineral Commodities
Finance Minister, Mthuli Ncube has ordered mining companies to pay 50% royalties through physical submission of the commodities in a move envisaged to strengthen exchange rate… Read more »
May 18, 2022
Zimbabwe: Buy Zimbabwe Disputes Low Tariffs On Basic Commodities Importation
BUY Zimbabwe has expressed concern over the announcement by the government that local industries with free funds can import basic goods at lower tariffs with immediate effect. Read more »