Market doubts government can turn around economy

February 26, 1999

The continued volatility of the Zimbabwe dollar (since stabilised following the moral suasion between the central bank and the financial…

BiccCafca posts remarkable results, declares dividend

February 26, 1999

Cable company, BiccCafca had a successful year in which it saw its profit attributable to shareholder increase from just $1…

Zimre comes to the market

February 26, 1999

The Zimbabwe Reinsurance Corporation (Zimre), which dominates the reinsurance business in the country, although there are six other operators in…

Schweppes posts good results

February 26, 1999

Schweppes Zimbabwe Limited, which is still assessing the impact of the global sale of Schweppes brands to Coca Cola outside…

How Long Will Chakaodza Last?

February 26, 1999

Watching Herald editor Bornwell Chakaodza make a spectacle of himself during the televised interview of President Mugabe on the eve…

Hunyani profits up 39 percent

February 26, 1999

Packaging giant, Hunyani Holdings, saw its earnings attributable to shareholders increase by 39 percent from $84.3 million for the year…

Rio Tinto quadruples its profit

February 26, 1999

Mining group Rio Tinto Zimbabwe's net profit nearly quadrupled from $57.8 million in 1997 to $208.2 million last year, largely…

Radar in 125% profit increase

February 26, 1999

Bulawayo-based Radar Holdings saw its profit available for distribution increase by 125 percent from $7.7 million in the six months…

Fridgemaster to quit Zimbabwe!

February 26, 1999

FridgeMaster, which came into Zimbabwe a few years ago with a bang, is now planning to quit because "rampant inflation…

Barclays more than doubles profit

February 26, 1999

Zimbabwe has to rebuild investor confidence to address the country's socio-economic problems and one of the ways to do so…