ReNaissance already compliant with new capital requirements

May 21, 2004

ReNaissance Merchant Bank, which started operations in 2002, had a net profit of $13.7 billion, up from $1.2 billion in…

MBCA in $14 billion profit

May 21, 2004

The Merchant Bank of Central Africa, which says it sticks to principles of openness, integrity and accountability and conducts its…

TA associate companies bring in $18.2 billion

May 21, 2004

Former conglomerate TA Holdings, which has now been trimmed to focus on insurance, hotels and agro-chemicals, had an excellent year…

Zimnat Lion capitalises on inflation

May 21, 2004

The high inflation that peaked at 619 percent in November last year before declining to $598 percent in December forced…

Celsys profit up 8486 % in six months

May 21, 2004

Where in the world can a company make a profit of over 8 000 percent in just six months? Only…

NicozDiamond survives challenges to make $10.2 billion profit

May 21, 2004

Though the insurance industry faced many challenges including under-insurance because of the hyperinflationary environment, NicozDiamond still managed to post a…

Colcom revenue soars but volumes decline

May 21, 2004

Pork producer Colcom saw its sales increase by 583 percent to $44.4 billion but it says volumes were down because…

Astra volumes decline significantly

May 21, 2004

Astra Industries, once a top performer on the Zimbabwe Stock Exchange, had a disastrous start to 2004. In its report…

Tractive improves trading volumes

May 21, 2004

Tractive Power Holdings had improved trading volumes, particularly in the parts and service departments, but though turnover increased by 516…

Cairns laments declining domestic sales

May 21, 2004

The decline in disposable incomes of consumers saw volumes at Cairns Foods and ME Charhons decline from December to February,…