Posts by Charles Rukuni

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…

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…

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…

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…

Circle Cement, which was forced to suspend operations in February because of lack of coal, made a net loss of $862.3 million last year, down from a profit of $159.3…

The continued polarisation of Zimbabwean society into camps of enemies rather than communities of fellow citizens is dangerous to the country's social and economic development, a report on the "final…

Troubled Wankie Colliery saw its net profit increase marginally from $284.6 million in 2001 to $323.5 million last year, but in inflation adjusted terms it made a loss of $5.6…

Zimbabwe's tobacco crop this year is half that of last year, but there is still no consensus on the size of the crop. The Zimbabwe Tobacco Association says it is…

David Parirenyatwa is one of the few ministers who has really stuck to his business, that of ensuring that his ministry runs. He has rarely departed from his core business,…

Zimbabwean paprika prices have increased up to US$ 2 000 a tonne from US$1 200 at the beginning of the season. Grade A crop, known as 'red gold', is fetching…