Search results for 'Drought Impact'
Companies
Ariston Boosts Tea Volumes by 14%, Pivots to Macadamia Value-Add

Ariston Holdings Limited, a diversified agricultural company, has reported a 14% increase in tea production during the half-year ended March 31, 2024. The company produced 1,830 tonnes of tea, up from

Jun 04, 2024
Zambia
Zambia’s Inflation Hits 17% as Drought, Energy Crisis Speaks Louder

Zambia's annual inflation rate has soared for the 17th consecutive month, reaching 16.5% in November 2024, up from 15.7% in October. This escalation marks the highest inflation rate since November 20

Nov 29, 2024
World
Drought Threatens Regional Power Supply: What Lake Cahora Bassa's Water Level Erosion Means for Zimbabwe

Zimbabwe's struggles with power challenges have extended beyond its borders, affecting one of its key electricity import sources. The Cahora Bassa dam in Mozambique's Tete province has reached a crit

Dec 17, 2024
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024

NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company

Jan 30, 2025
Zimbabwe
Zimbabwe Reverses Maize Import Ban After a ‘’Fictitious’’ Bumper Harvest Claim

Zimbabwe has reversed its maize import ban just two months after imposing it, a move prompted by a sharp downward revision in the country’s 2024/25 harvest forecast and growing concerns over food secu

Oct 24, 2025

Top Stories

Zimbabwe Faces Growing El Niño Threat as Early Warning Signals Raise Fears Over 2026/27 Agricultural Season

The energy sector also remains exposed.Kariba Dam continues to play a major role in Zimbabwe’s electricity supply system, meaning prolonged drought conditions could once again constrain hydropower gen

1 hour ago

Understanding Zimbabwe’s BIPPA Farm Returns and What They Mean for the Economy

Agriculture depends on more than ownership alone. Productivity requires financing, infrastructure, technical expertise, secure tenure systems, efficient markets, and long-term policy consistency. With

2 hours ago

FMP Minority Shareholders Offered 3.3c Exit, 65% Below Audited NAV as Delisting Vote Nears

First Mutual Properties Limited is set to delist from the Zimbabwe Stock Exchange on 1 July 2026, with majority shareholder First Mutual Holdings Limited offering minority shareholders US$0.033 per sh

3 hours ago

Cereal Surplus Claims Grow: Maize Import Bill Keeps Rising

Zimbabwe spent USD 128.4 million importing maize in the first three months of 2026,  January at USD 30.3 million, February at USD 44.9 million, and March at USD 53.2 million, according to ZimStat Exte

4 hours ago

Caledonia’s Q1 Profit Surges 69% to US$19Mn, Gold Price Masks Blanket Grade Pressure

Caledonia Mining Corporation has reported a 69.4% surge in profit after tax to US$18.91 million for the first quarter of 2026, its strongest quarterly earnings performance driven almost entirely by a

5 hours ago

ZIMPLOW CEO Willem Swan Steps Down, As Hard-Won Turnaround Hangs in Balance

Zimplow Holdings Limited has announced the resignation of Group Chief Executive Officer Willem Swan with effect from 1 May 2026, replacing him immediately with Charles Chaibva, currently the Group Com

8 hours ago

Diesel Jumps 20% in First Quarter as Zimbabwe’s Power Crisis Turns Into a Fuel Bill Problem

Zimbabwe has consumed significantly more fuel in the first quarter of 2026 than it did in the same period a year ago, according to data released by the Zimbabwe Energy Regulatory Authority. Diesel dem

9 hours ago

RioZim Faces Fresh Corporate Rescue Bid as Second Distress Claim Hits in 12 Months

RioZim Limited, one of Zimbabwe's most storied mining companies, has been forced into a public defensive posture after a minority shareholder holding a fraction of a percent of its issued share capita

9 hours ago