Posts by Charles Rukuni

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…

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…

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…

Increased borrowing demand and the need for more funding for the banking companies of Zimbabwe Financial Holdings saw its balance sheet balloon from $32.9 billion in the first half of…

The Cotton Company of Zimbabwe made a net profit of $13.5 billion during the year ended March, and it is looking forward to an even better year. According to the…

Textile giant, David Whitehead had a net profit that was more than one-and-a-half-times that for the entire year ending September during the first half of this year. But the company…

Though Ashanti Goldfields's production for the first quarter of this year was 7 percent below that of the first quarter of last year, net profit was less than half that…

Although it made a profit of $739 million in the six months to March, gold producer Falcon Gold Zimbabwe (Falgold) says it might cease operations before the end of its…

Zimbabwe is likely to have another poor agricultural season because a number of factors that affect the agricultural industry have not been addressed. These include the shortage of seed and…

Indigenous-owned Zimbabwe Tobacco Auction Centre (ZITAC) is gaining market share in the lucrative tobacco business and this is being attributed to the larger crop from smallholder farmers expected this year.…