Posted inStories

Hunyani sales hit by price controls

Price controls that were extended to cover almost all basic commodities towards the end of last year adversely affected packaging company Hunyani Holdings because of a decline in demand for…
February 21, 2003
Posted inStories

CFI in 335 percent profit

Milling companies tend to thrive when there is a drought. CFI Holdings which owns Victoria Foods and Agrifoods was not exception. Its sales were up 150 percent from $10.5 billion…
February 21, 2003
Posted inStories

Apex profit increases tenfold

Apex Corporation, one of the top five performers on the Zimbabwe Stock Exchange, whose share price soared $2.35 to $50 a share last year, had an excellent performance during the…
February 21, 2003
Posted inStories

Phoenix profit trebles

Phoenix Consolidated Industries in which Apex Corporation has a 51 percent stake had what the company termed impressive results but sales just more than doubled from $991.6 million to $2.5…
February 21, 2003
Posted inStories

Gulliver sales treble

Heavy engineering group Gulliver Consolidated says it has now consolidated its operations focussing on its core business of steel and steel engineering and it managed to achieve results that were…
February 21, 2003
Posted inStories

Econet goes offshore for funds

Executives from Econet Wireless New Zealand which wants to be that country's third mobile phone operator are in South Africa putting together a funding plan to get the network off…
February 21, 2003
Posted inStories

Where is the surplus maize?

With half the nation reported to be facing food shortages, the latest figures released by the Famine Early Warning Systems Network (FEWSNet) demand that the government should set up an…
February 21, 2003