The Zimbabwe News Daily
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HARARE — Amalgamated Regional Trading Holdings (ART) suffered a sharp contraction in battery volumes during the third quarter of 2026, with production and sales constrained by working-capital shortages, weaker replacement demand and intensifying competition from cheaper imports. The Zimbabwe Stock Exchange-listed diversified industrial group said battery volumes in Zimbabwe fell 26 percent…
HARARE — Zimbabwean equities surrendered part of the previous session’s gains on Tuesday, with the Zimbabwe Stock Exchange (ZSE) All Share Index falling 1.02 percent as selling pressure returned to major counters and market turnover remained subdued. The All Share Index closed at 479.69 points, down from 484.61 points on Monday, while the ZSE Top […] The post ZSE retreats 1% as CBZ, Proplastics…
HARARE — Zimbabwe’s formal retail sector is entering a new phase of expansion, with established chains and emerging operators investing in additional stores even as informal traders continue to exert intense pressure on prices, convenience and consumer spending. The latest investment cycle, according to Equity Axisis, is being led by TM Pick n Pay, SPAR […] The post Zimbabwe retail investment…
HARARE — Econet Wireless Zimbabwe is planning to create up to 15,000 new EcoCash agency opportunities by Christmas as the telecommunications group seeks to help absorb Zimbabweans returning from South Africa into the domestic economy. The initiative, spearheaded by Econet founder Strive Masiyiwa, forms part of a broader effort to identify employment and enterprise opportunities […] The post Econet…
MUTARE — Tanganda Tea Company Limited is pursuing a value-addition and diversification strategy to rebuild growth, with packed tea, avocado oil production and a US$8 million capital injection emerging as key pillars of the agricultural group’s recovery plan. The Zimbabwe Stock Exchange-listed diversified agro-business is seeking to extract greater value from its plantations and orchards […] The…
HARARE – Treasury has warned government suppliers and contractors against using consultancy firms or other intermediaries to recover unpaid bills, saying the state will not recognise or pay commissions charged for pursuing outstanding arrears. Finance minister Mthuli Ncube said some government creditors were engaging third parties to chase payment claims in exchange for fees or […] The post…
HARARE — Zimbabwean equities extended their recent advance on Monday, with the Zimbabwe Stock Exchange (ZSE) All Share Index rising 1.89 percent as financial counters led a broad-based recovery in large-cap stocks. The All Share Index closed at 484.61 points, while the ZSE Top 10 gained 2.32 percent to 491.51 points and the Top 15 […] The post ZSE rallies nearly 2% as CBZ leads financial stocks…
HARARE — Star Africa Corporation is beginning to convert a more competitive domestic pricing strategy into stronger volumes and earnings, with Goldstar Sugars sales volumes jumping 38 percent in the quarter ended June 2026 as the sugar producer moved to capture demand and improve utilisation of its refinery. The latest trading performance provides the clearest […] The post Star Africa sales surge…
LAS VEGAS — A prosecutor said Monday that while few have been willing to speak about the 1996 killing of Tupac Shakur, Duane “Keffe D” Davis is the “one person who has a hard time being silent.” “Let’s be clear, Duane Davis did not pull the trigger. But he did plan the shooting in retaliation […] The post A dispute about fact vs. fiction at the trial over Tupac Shakur’s 1996 killing in Las Vegas…
LOS ANGELES — Chris Brown and Usher have added eight more stadium dates to their blockbuster R&B Tour, taking the North American co-headlining run to 59 shows after the concert series generated more than $101 million in box-office revenue from its opening eight performances. The expansion comes as demand continues to surge for the joint […] The post Chris Brown and Usher extend R&B Tour after…
