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