Rio Tinto laments fixed exchange rate

October 24, 2003

Gold mining group, Rio Tinto Zimbabwe, says the failure by the government to review the exchange rate of the Zimbabwe…

Wankie production down by half

October 24, 2003

Coal production at Wankie was down by 50 percent in the first half of this year because of the shortage…

Bindura production down, profit up

October 24, 2003

Bindura's nickel sales for the six months to June were down by 32 percent due to two months furnace rebuild…

Cafca exports increase 30-fold

October 24, 2003

A thirty-fold increase in exports from $126.4 million to $3.8 billion in the first half of this year helped to…

Clan poised for significant growth

October 24, 2003

Clan Holdings, whose aim is to become the preferred transporter within the Southern African Development Community (SADC) region, received a…

Zimre profit up 508 percent

October 24, 2003

Reinsurance group, Zimre Holdings, had a good first half despite problems that bedeviled the country such as high levels of…

Short-term insurance bedevilled by underinsurance

October 24, 2003

Short-Term insurance company NicozDiamond says the industry is now bedevilled by under insurance so policyholders will have to battle to…

TA profit up 861%

October 24, 2003

TA Holdings, which has just completed its restructuring exercise to focus on business with high growth potential, high margins and…

Zimnat expands into the region

October 24, 2003

Zimnat Lion Insurance Company, another short term insurance firm, has decided to expand into the region to cushion itself against…

Rand strength boosts OM’s sterling earnings

October 24, 2003

The strengthening of the South African rand against major currencies, particularly the United States dollar and the pound sterling, helped…