Posts by Charles Rukuni

Fidelity Life had a good start as a listed company. Though gross premium from the individual life division grew by only 125 percent, and group pensions by 326 percent, both…

Gold production at Freda-Rebecca Mine, the Ashanti Goldfields operation in Zimbabwe, dropped by almost half from 98 255 ounces in 2002 to 51 091 ounces last year resulting in operating…

Production at Rio Tinto's Murowa diamond mine is expected to start in the third quarter of this year. In its report for the year ending December, the mining giant says…

Econet, Zimbabwe's largest mobile cellular provider, more than doubled its average revenue per user between June and December last year. The ARPU rose from US$5.44 in June to US$11.13 in…

Tobacco heavyweight, TSL, saw its net profit for the year ending October soar by 576 percent, beating annual inflation for that month of 525 percent though tobacco production had declined…

Despite a 40 percent decline in volumes, which was due to market shrinkage and not loss of market share, Chemco Holdings still managed to earn a net profit of $5.2…

A 45 percent growth in exports mainly to Zambia and Kenya, saw volumes at Hunyani grow by 6.7 percent during the year ending October. Sales grew by 485 percent from…

The jingle is now boring. Some might even say it is irritating. The dance is obscene. It verges on child abuse. But the message: Kana mvura ikanaya chete tichazadza matura…

Zimbabwe's tobacco auctions kicked off on a high note on March 30 with 196 930 kg being sold at an average price of US$1.74 a kg. The auctions were opened…

He has only been in office for two months. That is as a senior minister. But he is already embroiled in a "scandal" that could end his career as he…