Daily Newsletter

Call for Zim to grow export basket beyond raw minerals

Business Reporter ZIMBABWE should take proactive measures to expand the country’s export basket, currently dominated by minerals, to avoid shocks from unforeseen global commodity price fluctuations. While the marked increase…

Seed Co primed for recovery: FBC Securities

Business Reporter Seed Co Limited’s strategic focus on regional exports, advanced seed technologies, and adaptive strategies for unpredictable climatic conditions positions it well for recovery, stockbroking firm FBC Securities says.…

ERP says The Victoria Falls Hotel not sold

Michael Tome-Business Reporter EMERGED Railways Properties ERP, which owns The Victoria Falls Hotel, has dismissed rumours regarding the alleged disposal of the iconic hotel property. The rumour suggested that The…

Zim monthly rabbit meat demand tops 10 tonnes

Business Reporter Demand for rabbit meat, rated as the healthiest white meat globally, in Zimbabwe continues to surge, with monthly consumption now estimated upwards of 10 tonnes.  To address the…

Africa needs capital to drive transformation, growth

Africa’s economic potential is undeniable, but to fully realise it, the continent faces a massive need for capital. With an annual financing gap of approximately US$100 billion for infrastructure and…

Zera cuts LPG price by 13 percent

Sikhulekelani Moyo, mskhulekelani16@gmail.com  THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in liquefied petroleum gas (LPG) prices following the exemption of Value Added Tax (VAT) on the product,…

Sai Mart takes over Choppies Zimbabwe operations

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw NANAVAC (Pvt) Ltd, trading as Choppies Zimbabwe, has officially announced the transfer of its operations to Sai Mart, effective January 1. Sai Mart, owned by Industry and…

Contango Holdings receives first $200 000 royalty payment

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw  CONTANGO Holdings Plc, a London-listed natural resource development firm, has received its first royalty payment of US$200  000 from its Muchesu coal project, marking a significant milestone…

Khayah Cement opts for corporate rescue amid operational, financial challenges

Nqobile Bhebhe, nqobile.bhebhe@chronicle.co.zw  KHAYAH Cement Limited, a leading cement manufacturer, has voluntarily entered corporate rescue proceedings to address operational and financial challenges.  The move, enabled by the Insolvency Act, aims…

Rabbit meat monthly demand surpasses 10 tonnes

Harare Bureau Demand for rabbit meat, rated as the healthiest white meat globally, in Zimbabwe continues to surge, with monthly consumption now estimated upwards of 10 tonnes.  To address the…

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