Business

Cooking oil producers are struggling to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) and the interbank market, which they need to import key raw materials, raising fears the country might face fresh […]

GOVERNMENT has announced a new set of fuel price increases just under four months since the last changes that triggered violent demonstrations. The Zimbabwe Energy Regulatory Authority (ZERA) on Tuesday announced the new fuel prices […]

Zimbabwe is in a mess … this is not surprising, nor is it the first time. Since October 2018, things in Zimbabwe have been heading in the wrong direction. By Cavan Osborne, Portfolio Manager, Old […]

The consumption of diesel and petrol plunged by almost 1,5 million litres and 1,8 million litres per day respectively between January and February this year, compared to previous months on the back of price adjustments […]

United States companies are keen to invest in Zimbabwe but they are wary of a violatile foreign currency exchange environment, American ambassador Brian Nichols has said. Nichols spoke to Standardbusiness on the sidelines of an […]

Business tycoon Nicholas Van Hoogstraten through one of his investment vehicles, has moved to increase shareholding in Zimbabwe Stock Exchange (ZSE) suspended agro-industrial group CFI Holdings under controversial circumstances. It emerged at the company’s recent […]

EDGARS Stores Limited posted a 114% increase in after-tax profit to US$8,5 million in the year ended January 6, 2019 due to improved margins in the last quarter of the period. “Profit for the period […]

Zimbabwe’s wheat production declined from 186 243 metric tonnes in 2017 to 160 600 metric tonnes last year, deputy Agriculture minister Vangelis Haritatos has said. This has resulted in the country increasingly relying on imports to […]