Farm acquisition continues

Though the government had said it had concluded its land acquisition programme and was now consolidating it, more farms continue to be listed for acquisition. The government says it has…

Mugabe vindicated

Zimbabwe planned to embark on a fast-track land reform programme prior to 1997 long before the formation of the opposition Movement for Democratic Change and the nation's refusal to sanction…

M & R off to good start

Construction company Murray and Roberts had a good start to the current year with net profit for the first half increasing by 516 percent from $270 million to $1.7 billion.…

SARE results encouraging

Despite the worsening economic situation which saw inflation rise from 116.7 percent in January to 198.9 percent in December, Southern African Reinsurance Company (SARE) had encouraging results with net profit…

Rude awakening for Chamunorwa

New Financial Gazette editor-in-chief, Sunsleey Chamunorwa, received a rude awakening when he was called in to bail out the paper after an exodus of staff to the Daily News. Not…

Bindura affected by policy shifts

Policy inconsistencies by the government are bogging down companies which are increasingly finding it difficult to operate. Controls on foreign currency accounts in the last two months of last year…

Zimre in $4.4 billion profit

The sharp rise in inflation and price controls were the biggest challenge to the insurance industry because they eroded profitability, Zimre Holdings says in its report for the year ending…