Posts by Charles Rukuni

TZI, which says it has just completed a give-year cycle of contraction and unbundling, had a net profit of $26.8 billion last year, up from only $4.2 billion the previous…

Sales for Amalgamated Regional Trading (ART) shot up from $12.4 billion in 2002 to $82.1 billion last year. The company says in its report for the year ending September, the…

The Cotton Company of Zimbabwe (Cottco), the country's largest producer and buyer of cotton seed saw its sales soar from $10.7 billion to $73.8 billion in the six months to…

Seed Co, one of the biggest seed producers in the region, says there is insatiable demand for seed in the region. The company therefore expects to sell all its stocks.…

Milling and farming products group, CFI, is capitalising on the current agrarian reform. Sales improved by 348 percent and net profit soared by 697 percent. According to its results for…

Though lamenting poor trading conditions Powerspeed Electrical still managed a $2.5 billion net profit for the year ending September, nearly a tenfold increase from the $269.3 million it made in…

The Daily News saga, which has been dragging on for five months, clearly demonstrates how true the old saying: When two elephants fight it is the grass that suffers, is.…

The clampdown on the financial sector, which is part of central bank governor Gideon Gono's new monetary policy announced on December 18, is bearing fruit. Speculators, who had literally taken…

Tour operators are beginning to soften their attitude towards Zimbabwe. There is now an improvement in arrivals from travellers from the Middle and Far East who had cut down on…

Rising inflation has resulted in a boom in the furniture industry as people sought to convert spending power into inflation-proof assets. Furniture sales group, Pelhams says its volumes increased by…