Business

AMA secures US$25m for sesame production

THE Agricultural Marketing Authority (AMA) has secured US$24,8 million bridging finance to support sesame production in the country and boost exports. Zimbabwe has significant potential for sesame exports, with the crop being identified as a high-value cash crop.  Through structured engagements with AFC Land Bank, CBZ, and NMB Bank, the agriculture regulator has secured working…

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Zimbabwe, EU Business Forum on the horizon

ZIMBABWE and the European Union (EU) are set to hold a landmark inaugural business forum next month aimed at promoting trade and investment between the two. Over 250 industry leaders and stakeholders will attend the meeting, which is expected to enable connections and partnerships to be established between businesses. In a statement, the EU said…

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Business

Stanbic steps up efforts to promote healthcare

STANBIC Bank Zimbabwe has stepped up efforts to promote sustainable healthcare growth in the country by connecting key health sector players with those from across the globe.  This leading financial services institution, recently hosted a high-level cocktail event that brought together key stakeholders across Zimbabwe’s medical value chain, including representatives from the ministry of Health…

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Rural economies set to benefit from ZITF

ORGANISERS of the Zimbabwe International Trade Fair (ZITF) say this year’s edition is set to boost the country’s rural economy through its first ever rural industrialisation conference. Speaking during a stakeholders ‘engagement meeting yesterday, ZITF chief executive officer, Nicholas Ndebele, said the fair would provide a platform for stakeholders to come up with solutions meant…

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Tea, macadamia nuts production boon

ARISTON Private Limited, a diversified agriculture group, says tea production for the fiscal year ending September 30, 2024 reached 3 070 tonnes, marking a 26 percent increase from the previous year’s total of 2427 tonnes. In its financial statement yesterday, the company’s chairman Alexander Jongwe said despite a challenging export landscape where prices fell by…

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Money literacy workshops for children lined up

THE Southern Afrika Dialogue Trust has lined up two workshops this school holiday that seek to help children to develop money-making skills. Dubbed Holiday Business Clubs, the money literacy workshops for children will run at Palm Estate in Harare from April 22 to 25 and at Celebration Centre in Mutare from April 28 to May…

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Boost manufacturing sector, govt urged

THE Parliamentary Portfolio Committee on Industry and Commerce has expressed concern over several challenges faced by the manufacturing sector, saying the government should implement policies which boost production. Speaking to the Daily News after a tour of Bulawayo industries at the weekend as part of a nationwide assessment of the ease of doing business, the…

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Stanbic Bank commits empowering small businesses

STANBIC Bank has positioned itself as a leader in the Small to Medium Enterprises (SMEs) space through its suite of purpose built solutions, including the Africa China Trade Agent Proposition, which connects businesses with trusted suppliers in China while mitigating trade risks. This commitment to empowering Zimbabwean entrepreneurs has earned Stanbic Bank recognition as the…

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Regency Hyatt boost conferences space

HARARE’S conference and event space has been substantially increased with the opening by Hyatt Regency Harare. The Meikles of its conference, banqueting and event venues after a major refurbishment programme. The hotel now has 10 fully-operational venues, aimed at a range of purposes and each geared to multipurpose needs of users.  The venues were collectively…

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