CFX looking forward to a good year

June 18, 2004

CFX Merchant Bank, which recently merged with troubled Century Bank, had a good performance last year despite the turmoil in…

BAT profit soars

June 18, 2004

Though volumes declined by 6 percent and exports by 21 percent, British American Tobacco (BAT) Zimbabwe Holdings still saw its…

SARE profit soars

June 18, 2004

The Southern African Reinsurance Company (SARE) had positive results for the year ending December despite negative fundamentals. Its net profit…

Sugar production at Hippo Valley down

June 18, 2004

Sugar production at Anglo-American- owned Hippo Valley dropped by 17 percent from 284 109 tonnes in 2002 to 236 116…

Bindura capitalises on increased demand for nickel

June 18, 2004

Increased demand for stainless steel products in China, one of the world's fastest expanding economies, helped boost profits for Bindura…

Porthold cement sales down by half

June 18, 2004

Portland Holdings's cement sales dropped by almost half in the six months ending March as the situation in Zimbabwe continued…

Food saga takes new twist

June 10, 2004

Zimbabwe's food saga has taken a new twist with one report saying that contrary to claims by the government that…

Today’s dollar worth 0.1 cents in 1990

May 21, 2004

There was nothing extraordinary about the dark, striped suit that was displayed at a Bulawayo departmental store except its price.…

CBZ posts excellent results

May 21, 2004

The Commercial Bank of Zimbabwe, which was headed by central bank governor Gideon Gono, was one of the few banks…

Stanbic thrives in bad year

May 21, 2004

Though the new monetary and fiscal policies announced by the government in the last quarter of 2003 are expected to…