Posts by Charles Rukuni

Insurance and financial services group, Old Mutual is upbeat about its results for 2002, though operating profit was down 15 percent in pounds sterling but up 8 percent in rand.…

Zimbabwe Financial Holdings (Finhold) had a lacklustre performance with net profit doubling from $501.5 million to $1.2 billion but it says with a stable macro-economic environment, it should realise real…

Genesis Investment Bank which was placed under curatorship for six months from July to December still managed to make a profit of $154 million up from $121.3 million the previous…

Fast food giant, Innscor, is operating below capacity because of a shortage of flour but its food division saw sales increase by 223 percent and the company as a whole…

While most people are reeling from the effects of high inflation, the consumptive spending it is promoting saw sales of liquor company African Distillers soar by 271 percent surpassing those…

Zimplow continues to make record profits though erratic rains over the past three seasons have changed the spending patterns of rural farmers as they are finding it increasingly difficult to…

The rural electrification programme in Zimbabwe and other electrification projects in the region helped boost sales for BICCCAFCA which increased by 180 percent from $2.4 billion to $6.7 billion last…

ReNaissance Merchant Bank posted a net profit of $1.2 billion in its first year of operation and was highly rated by the Reserve Bank of Zimbabwe when it examined the…

The Famine Early Warning Systems Network (FEWS Net) has recommended that the government remove price controls on food staples and other items to enlist the support of the market to…

A United States State Department report released this month says a campaign of personal plunder, masquerading as "land reform" was a tool for the government to steal, murder, abuse and…