Business Articles

Harare City Council Slashes Business Licence Fees to Boost Economy

In a significant move, the Harare City Council has announced a 50 percent reduction in business licence fees as part of its approved 2025 budget. The new tariff structure is designed to create a more investment-friendly environment, provide much-needed relief for...

Tobacco Prices Crash 45% at Auction, Leaving Zimbabwean Farmers in Dire Straits

Tobacco farmers faced a devastating start to the 2026 marketing season this week as auction prices plunged by approximately 45 percent compared to the previous year, crushing hopes for strong household earnings and igniting widespread frustration among growers on the...

Zimbabwe’s Tobacco Marketing Season Opens

Zimbabwe’s 2026 tobacco marketing season opened on Wednesday with the first bale selling for US$4.60 per kilogramme, slightly below last year’s opening price of US$4.65. Farmer representatives are calling for a review of the foreign currency payment policy to protect...

PPC Zimbabwe, Buyer Extend Arlington Estate Sale Deadline to June 2026 After Legal Hurdle

Staff Reporter PPC Zimbabwe and the prospective buyer of its Arlington Estate have formally extended the deadline for the US$30 million sale to June 30, 2026, citing administrative delays and a recently dismissed legal challenge that had stalled progress. The...