Zim has adequate sugar stocks to meet demand: ZAS
The El Niño weather phenomenon has caused drought and heatwaves, affecting water supply for domestic, animal and industrial use and hitting farming output for rain-fed agriculture.
By Business Reporter
Mar. 26, 2024
Recovering gem prices give impetus to ZCDC ambition
He said the post pandemic era had generally been characterised by high inventories which were underpinning prices recovery.
By Freeman Makopa
Mar. 8, 2024
Hippo Valley to exhaust available borrowing facilities for capital
The firm added: “The company will also leverage on available borrowing facilities up to the end of the financial year to cushion its working capital in light of off-crop requirements.”
By Tafadzwa Mhlanga
Feb. 19, 2024
starafrica corporation overdraft overshoots
It acquired this debt and ran its overdraft to ease working capital pressure. Revenue was negatively affected by the company’s Goldstar Sugar brand which saw a 41% fall in volumes.
By Tafadzwa Mhlanga
Feb. 2, 2024
Duty on basics: Govt misfires, again!
The administration argues that by lifting the emergency measures, it will preserve employment and make sure the nation has the foreign exchange that is vital to the growth of its economy.
By Mthandazo Nyoni
Feb. 2, 2024
Analysis of 2024 special surtax on sugar content
By lowering the prevalence of noncommunicable diseases associated with sugary drinks, the tax could potentially lead to a reduction in healthcare costs associated with treating these conditions.
By Ronald Zvendiya
Feb. 2, 2024
starafricacorporation profit falls, sugar imports blamed
Tongaat Hullet Botswana, which is an associate of the company recorded a profit of ZWL$2,65 billion.
By Tafadzwa Mhlanga
Feb. 2, 2024
Tongaat business rescue plan approval excites Hippo
She said the developments provided some certainty to stakeholders on the way forward.
By Blessed Ndlovu
Jan. 16, 2024
Macheso in Baba neVana sungura showcase
Part of the performers at the show is Suga Sugar and his Samaita Express.
By Lifestlye Reporter
Dec. 13, 2023