Posts by Charles Rukuni

Someone trying to explain inflation, according to an article I read in Zambia - I cannot remember exactly where-had this to say: When a man went into a coffee shop…

President Robert Mugabe's call on his lieutenants to surrender some of their farms if they have more than one is being viewed with a lot of skepticism, coming as it…

By Brian Kagoro The perception gap Although there is no doubt that the legitimacy of Zimbabwe's President Robert Mugabe is now seriously disputed in many quarters, along with a whole…

Zimbabwe is full of paradoxes. The country has no cash, fuel or foreign currency. But companies are doing booming business, at least in terms of returns for their investors. Though…

Theories about the current shortage of local cash continue to abound. Initially, the central bank was said to blame for not accurately predicting inflation and thus not injecting enough cash…

The freefall of the Zimbabwean dollar continued with the local currency plunging to about $4 000 to the greenback by the end of July. Market watchers attribute the decline to…

Although inflation and remittances from Zimbabweans abroad will continue to fuel consumptive buying, this will not be able to counteract the now severe economic contraction. Delta Corporation, the country's biggest…

Retail group OK Zimbabwe saw its sales for the year ending March almost treble from $16.3 billion to $47.7 billion but it says the increase in sales was largely inflationary…

Despite the shortages of electricity, cement, coal, fuel and other utilities which have become a daily challenge, PG Industries says it has so far been able to read the Zimbabwe…

Although its domestic sugar business made a staggering loss of $826.4 million, ZSR Corporation, still managed to make a net profit of $4.1 billion, nearly ten times the profit of…