Crocodile breeder Padenga has reported a 21 percent growth in profit after tax to $6 million for the full year ended December 2014 driven by raw skin sales, the company said on Thursday.
Cash strapped national airline, Air Zimbabwe says it sees its passenger numbers growing by over seven percent this year, higher than the industry average, with new routes driving the growth.
Vice-President Emmerson Mnangagwa’s wife, Auxillia, has won the Chirumanzu-Zibagwe seat which the vice-president surrendered on being appointed President Robert Mugabe’s deputy.
President Robert Mugabe yesterday set 10 June as the date for the by-elections to fill the seats lost by legislators from the Movement for Democratic Change Renewal Team after the MDC-Tsvangirai recalled the seats because the legislators were elected on an MDC-T ticket but had crossed the floor when they joined the United Movement for Democratic Change.
Brick-maker Willdale has recorded $3.6 million growth in revenue for the five months to February this year, up from $2.9 million achieved during the same period last year driven by increased output, the company’s chief executive said yesterday.
State owned enterprises are sitting on idle assets which could be listed on the newly demutualized Zimbabwe Stock Exchange (ZSE) for the benefit of the economy, Finance Minister Patrick Chinamasa has said.