Celsys’s profit soars by 2340%

November 21, 2003

It can only happen in Zimbabwe, the land of both misery and opportunities. While most people are suffering, some are…

Econet says present tariffs are unsustainable

November 21, 2003

While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using…

Turnall earnings boosted by revised exchange rate

November 21, 2003

Turnall Holdings, one of the country's biggest manufacturers of asbestos cement products, received a tremendous boost from the revised exchange…

Exports boost revenue for General Beltings

November 21, 2003

General Beltings, which was demerged from TH Holdings last year, had a successful first half with exports accounting for more…

Steelnet profit up 869%

November 21, 2003

Steelnet had a good first half recording a net profit of $3.9 billion, and increase of 869 percent over the…

Consumptive spending boosts Afdis sales

November 21, 2003

Hyperinflation, which has led to consumptive spending, proved a major boost for African Distillers which saw its sales almost quadruple…

Tyre sales down by 10 percent, but profit up 618%

November 21, 2003

Increased emphasis on the truck tyre market, with its tie in to retreading, saw National Tyre Services's volumes increase by…

Intermarket Bank makes a loss of $340m but is very optimistic

November 21, 2003

Intermarket Banking Corporation, which was granted a certificate by the Reserve bank of Zimbabwe to start operations in January, made…

NERP has all necessary ingredients but…

November 21, 2003

The national Economic Recovery Programme (NERP) has elements of market friendly measures that could usher a new economic dispensation but…

Intermarket Building Society profit up 458%

November 21, 2003

Intermarket Building Society had an excellent year following its rebranding from Founders Building Society and recorded a net profit growth…