Posts by Charles Rukuni

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…

Meikles Africa, which runs three world class hotels which are all among the leading hotels of the world had an excellent first half to September with sales improving by 470…

Edgars Stores, probably the biggest clothing retail chain in the country, saw its sales increase from $3.9 billion to $14.7 billion in the six months to 5 July. But it…

Astra Industries, which was one of the best performers on the Zimbabwe Stock Exchange last year, had a good year ending August with sales improving by 318 percent and net…

Though there was a significant slow down in demand for Cairns Holdings' food division products, especially during the second half, price inflation pushed sales from $5.5 billion last year to…

A 74 percent increase in the price of sugar granted in May was only enough to minimise losses but the sugar division of ZSR still incurred a loss of $1.9…

Cimas, one of the largest medical aid societies in the country, which has over 400 000 members, had a net surplus of $5.6 billion during the year ended June, a…

Tobacco growers have called for an early opening of the auction floors so that they can pay back their loans because high interest rates are threatening their viability. They have…