Business

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…

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…

Tapiwa Chirume THE Ministry of Industry and Commerce has part­nered local economic think tank Africa Economic Development Strategies to host the Zimbabwe Industrialisa­tion Conference and Expo aimed at mobilising capital for import substitution projects and advancing the country’s industrial transformation agenda. Speaking to the Daily News yesterday, Africa Economic Development Strategies execu­tive director Gift Mugano…

Mishma Chakanyuka THE Depositors Protection Corporation (DPC) says account holders need to actively use their bank accounts to help grow deposits in the country.Zimbabwe has over the years witnessed widespread account abandonment and inactivity, largely driven by reliance on the informal economy and lingering mistrust in the banking sector.Speaking at the Global Money Week CEO’s…

 DELTA Corporation says it is optimistic that ongoing engagements with the gov­ernment over the country’s sugar tax regime will result in a fa­vourable outcome, as the beverage giant battles mounting pressure from the levy on its soft drinks business. Fiscal authorities introduced a US$0,001 per gram sugar tax for beverage makers at the beginning of…

KUDZANAI GEREDE UNIFREIGHT Africa (Unifreight) profit before tax reached ZiG3,8 million against a projected loss of ZiG11,4 million during first-quar­ter ended March 31,2026, driven by higher transport volumes, im­proved fleet utilisation and strate­gic investments. The Zimbabwe Stock Ex­change-listed logistics group re­ported sales of ZiG211 million during the period under review representing a 79 percent in­crease…

Yvonne NcubeIN BULAWAYO POLICE in Nkayi District, Matabeleland North Province, have arrested more than 60 people in an ongoing operation targeting illegal mining activities in the Inyathi area amid growing concerns over violent crime and environmental destruction.The operation, dubbed Isitsheketsha Kasiphele/Chikorokoza Ngachipere, was launched on May 5 following an increase in criminal activities associated with…

Masimba Makwembere AUTHORITIES approved a massive package of regulatory reforms to slash business costs and stimulate broad-based economic growth.In a move meant to “modernise the regulatory environment,” the minister of Finance, Mthuli Ncube, announced on Tuesday night that Cabinet had sanctioned a “comprehensive package of regulatory reforms”.These sweeping measures were specifically “aimed at improving the…