Posts by Charles Rukuni

The 2004 Budget focused mainly on implementing stabilisation policies designed to bring down inflation but was silent on monetary policy, leaving that to the new governor of the Reserve Bank,…

Barbican Holdings, which anchored the worst performers on the Zimbabwe Stock Exchange for the first nine months of this year, has dropped out of the worst five. Its share price…

It can only happen in Zimbabwe, the land of both misery and opportunities. While most people are suffering, some are laughing all the way to their banks. While companies are…

While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using their phones for receiving calls and sending messages, Econet Wireless…

Turnall Holdings, one of the country's biggest manufacturers of asbestos cement products, received a tremendous boost from the revised exchange rate announced in February. It earned $2.7 billion in net…

General Beltings, which was demerged from TH Holdings last year, had a successful first half with exports accounting for more than half the company's revenue. Local sales soared from $279…

Steelnet had a good first half recording a net profit of $3.9 billion, and increase of 869 percent over the same period last year. The net profit was more than…

Hyperinflation, which has led to consumptive spending, proved a major boost for African Distillers which saw its sales almost quadruple from $4.3 billion last year to $16.5 billion during the…

Increased emphasis on the truck tyre market, with its tie in to retreading, saw National Tyre Services's volumes increase by 16 percent in the first half of this year, but…

Intermarket Banking Corporation, which was granted a certificate by the Reserve bank of Zimbabwe to start operations in January, made a loss of $340million in the six months to June.…