Business

OK Zim cuts payroll in rescue plan

Brandon Josphat POLITICAL EDITOR RETAIL giant OK Zimbabwe has suspended employee salaries and wages with immediate effect as part of measures aimed at stabilising the strug­gling business, which is currently under corporate rescue. According to a resolution of the company’s Joint Works Council dated 22 May 2026, management and workers agreed to halt payroll payments,…

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Nation mourns Masarira, Pfebve

Brandon Josphat POLITICAL EDITOR ZIMBABWE’s opposi­tion movement has been plunged into mourning following the deaths of veteran democracy campaigner Elliot Pfebve and Labour Econo­mists and African Democrats (Lead) president Linda Masarira. Pfebve, who was 57, died in the United Kingdom yesterday after a long battle with colorectal cancer, while Masarira died in Harare on Sunday…

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Indrive driver Nandana laid to rest

BRIAN Nandana- a 30-year-old inDrive driver who was al­legedly killed by his friend in Warren Park suburb last week, was laid to rest yes­terday at Glen Forest Memorial Park in Harare. His funeral service was held at Newstart Children’s Home, where he was raised. Brian’s body was discovered in a shallow grave at Warren Hills…

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Kanyenkanye accomplice in court

Rutendo Ngara SENIOR STAFF WRITE FORMER Allied Timbers chief executive officer and former president of the Confederation of Zimbabwe Industries (CZI), Joseph Kanyekanye’s accom­plice, Lucia Kunaka appeared in court on Friday on allegations of forging president Emmerson Mnangagwa’s signature before extorting a business man more than US$600 000. Kunaka was remanded in custody until tomorrow…

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Mat’land targets 2 million kg tobacco output

Rutendo Ngara SENIOR STAFF WRITER TOBACCO farmers in Matabeleland are target­ing to produce two million kilogrammes of the golden leaf during the 2026/27 summer crop­ping season. This comes amid growing interest in tobacco production across Matabeleland, with hundreds of small-scale farmers taking up the crop under the Tobacco Industry and Market­ing Board’s (TIMB) natural cured…

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Zimbabwe’s economy appears to have turned a corner: Cross

ALTHOUGH Zimbabwe’s economy appears to have turned the corner, a full return to the exclusive use of the country’s own currency remains a distant prospect. So says prominent economist and businessman, Eddie Cross, who also prays that the country’s history of political chaos does not scupper the current economic progress. Speaking on Thursday night on…

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Business

ZMX battles tight commodity stocks

KUDZANAI GEREDE THE Zimbabwe Mercantile Exchange (ZMX) is bat­tling worsening commod­ity supply shortages, with demand outstripping available stocks across key agricultural products, triggering pricing pres­sures and weakened agro-indus­trial supply chains. According to the ZMX latest trading bulletin, the exchange re­ported severe supply imbalances in maize, wheat and soya beans as buyers struggled to secure ad­equate…

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Local products strengthen grip on retail sector

MASIMBA MAKWEMBERE LOCALLY manufactured products are con­tinuing to gain ground in the country’s retail sector, with the government saying more than two-thirds of goods now found on supermarket shelves are produced locally. The development comes amid ongoing ef­forts to promote import substitution, strengthen local industry and reduce reliance on imported goods under the government’s industrialisation…

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Business

SME trade safeguards underutilized: CTC

ALMOT MAQOLO ZIMBABWE’ small and medium enterprises (SMEs) are failing to utilise trade remedy safeguards against unfair imports due to low awareness and participation, the Competition and Tariff Commis­sion (CTC) said in its Q1 2026 report. Zimbabwe’s long-marginal­ised SME sector is beginning to receive infrastructural attention that reflects its importance to the economy. SMEs account…

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National News

SME trade safeguards underutilized: CTC

ALMOT MAQOLO ZIMBABWE’ small and medium enterprises (SMEs) are failing to utilise trade remedy safeguards against unfair imports due to low awareness and participation, the Competition and Tariff Commis­sion (CTC) said in its Q1 2026 report. Zimbabwe’s long-marginal­ised SME sector is beginning to receive infrastructural attention that reflects its importance to the economy. SMEs account…

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