Posts by Charles Rukuni

The Zimbabwe Stock Exchange continued to be subdued as investors awaited the 2004 budget due to be tabled on November 20. Even the appointment of a new governor for the…

Despite the country's seriously deteriorating economy, fast food giant, Innscor, had a turnover of $78.7 billion and net profit of $14.6 billion. And it says though hyperinflation is likely to…

The lifting of price controls on some of the products manufactured by milling company, National Foods, saw some of these products, which could only be found in the informal market,…

Gold mining group, Rio Tinto Zimbabwe, says the failure by the government to review the exchange rate of the Zimbabwe dollar on 1 June as had been promised by the…

Coal production at Wankie was down by 50 percent in the first half of this year because of the shortage of maintenance spare parts and major components for the coal…

Bindura's nickel sales for the six months to June were down by 32 percent due to two months furnace rebuild but net profit shot up from $1.5 billion to $12.8…

A thirty-fold increase in exports from $126.4 million to $3.8 billion in the first half of this year helped to boost Cafca's net earnings from $326.9 million to $2.1 billion.…

Clan Holdings, whose aim is to become the preferred transporter within the Southern African Development Community (SADC) region, received a new lease of life when its profit for the six…

Reinsurance group, Zimre Holdings, had a good first half despite problems that bedeviled the country such as high levels of inflation, uncontrolled monetary growth, foreign exchange shortages, high unemployment and…

Short-Term insurance company NicozDiamond says the industry is now bedevilled by under insurance so policyholders will have to battle to keep track of the spiraling price increases. It says management…