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  • Tobacco sales hit US$12.92 mln in 3 days

Tobacco sales hit US$12.92 mln in 3 days

By Stephen Chandisareva HARARE – At least 4.14 million kilograms of tobacco worth US$12.92 million have been sold so far at auction and contract floors in the country since the…

Zimbabwe sells first tobacco bale for $4.92 per Kilo

By Stephen Chandisareva HARARE – Zimbabwe’s tobacco industry has started off the 2024 marketing season on a positive note, with the first bale fetching an impressive US$4.92 per kilogram. This…

Milk output up 17% in January

By ETimes HARARE – Zimbabwe’s milk output rose 17% to 9.52 million litres in the first month of 2024 from 8.14 million litres in the comparative period, the latest figures…

Tanganda announces further regional expansion as revenue shrinks

By ETimes HARARE – Tanganda Tea Company has increased efforts to generate income through regional expansion after witnessing a drop in topline for the first quarter ended 31 December 2023.…

Hippo’s Oct-Dec sugar output drops 6% y/y

…says there are high stocks of imported sugar in the market By ETimes HARARE – Hippo Valley Estates produced 194 684 tonnes of sugar for the third quarter ended 31…

ANALYSIS| Tanganda Tea Company Cites Climate Change After Posting ZWL$17bln Loss in FY23

By ETimes Financial Performance Highlights ZSE listed agricultural concern Tanganda Tea Company reported an inflation adjusted ZWL$17.1 billion after tax loss for its financial year ended 30 September 2023 while…

Milk output up 9% in first 11 months of 2023

By ETimes Zimbabwe’s milk production rose 9% to 90.31 million litres during the 11 months to November 2023 from 83.06 million litres in the comparative period, latest data shows. Statistics…

Changes in Tongaat Hulett Botswana will not affect our shareholding – Starafrica

By ETimes Starafrica Corporation Limited says ‘do not see the changes’ in Tongaat Hulett Botswana (THB) affecting its shareholding. This comes as Tongaat Hulett is poised to sell its investments…

FinMin commits US$500K towards coffee bean processing

By ETimes Zimbabwe will allocate US$500,000 towards the setting up of a coffee bean facility in Manicaland so as to earn more foreign currency from the product, an official said.…

ANALYSIS| Subdued Consumer Demand As Meikles PAT Falls 15% to ZWL$9.6 billion in HY23

By ETimes Financial Performance Highlights Commentary and Analysis  The performance suggests the challenging operating environment had an adverse effect on the group’s performance. Moderate improvement in gross profit margins was…