ZIMPLATS, the country’s largest platinum producer, says it will continue to engage government on its indigenisation plan after platinum and diamonds were removed from the reserve sector list. (more…)

HARD-PRESSED Zimbabweans will have to pay more for their power after Zesa Holdings hiked tariffs by a staggering 583 percent in a move set to trigger further rises in prices of goods and services in the country. The power utility company now charges an average of $20,50 for…

THE government’s decision to support the controversial command agriculture programme with a further $2,8 billion will stoke the country’s money supply growth, inflation and foreign currency rates, analysts say. (more…)

ZIMBABWE has a slim chance of reviving the economy, due to fiscal pressures, waning confidence, policy inconsistencies and even the International Monetary Fund (IMF)'s staff-monitored programme (SMP) may be undermined by these recurring problems, the Bretton Woods institution said. (more…)

LONDON Stock Exchange-listed Premier African Minerals (Premier) says its pre-tax loss widened heavily to US$17,9 million in the half year to June 2019 ,from US$1,5 million, due to an US$18,3 million foreign exchange loss, compared to none in prior comparable period. (more…)

TANGANDA Tea Company (Tanganda) says it has over the years diversified its product portfolio to survive Zimbabwe’s never-ending economic crisis. (more…)

THE Zimbabwe Commercial Farmers Union (ZCFU) says the country faces a bleak 2019/20 agriculture season due to rising input costs, electricity shortages and unpredictable weather patterns. (more…)

DIVERSIFIED conglomerate Padenga Holdings (Padenga) says fair valuation of biological assets in line with changes in Zimbabwe’s functional currency boosted the company’s earnings in the half year to June 30. (more…)