OK still OK

Retail group OK Zimbabwe saw its sales for the year ending March almost treble from $16.3 billion to $47.7 billion but it says the increase in sales was largely inflationary…

PG profit up 552 percent

Despite the shortages of electricity, cement, coal, fuel and other utilities which have become a daily challenge, PG Industries says it has so far been able to read the Zimbabwe…

TSL makes a profit of over 1300%

TSL, which runs the country's biggest tobacco auction floors, has decided to stimulate tobacco production, which this year was half that of last year. This year's tobacco crop was estimated…

Volumes down profit up for Chemco

At first glance, the picture looks dismal. Volumes are down because of reduced agricultural activity. Turnover is adversely affected by price controls and reduced margins on some tobacco chemicals that…

Boom time for Tanganda

It was boom time for Tanganda. The company realised a net profit of $4.8 billion in the six months to April more than double the $2.3 billion it made for…

Tedco booming

Retail group, Tedco, joined the group of companies lamenting the "very difficult economic environment" but at the same time making hefty profits. Though it said retail demand, especially for high…