Posts by Charles Rukuni

Diversified retail group Tedco had mixed fortunes. There was a reduction in unit sales of furniture and electrical items while the clothing market remained buoyant. The company, which owns among…

Hyperinflation and the country's inability to generate foreign currency has had a disastrous effect on medical inflation with claims costs going up by three to four times the rate of…

Though there was a sharp fall in cotton production due to the drought, the Cotton Company of Zimbabwe (Cottco) still managed to increase sales by 51 percent from $7.1 billion…

Domestic cement sales for Porthold increased by 10 percent during the year ending September but the company had an operating loss of R8.7 million because of hyperinflationary cost pressures of…

PG Industries had an excellent first half ending September with sales and net profit exceeding that for the full year ending March even in inflation adjusted terms. Sales totalled $6.6…

Textile company, David Whitehead, continues to prosper with sales for the year ending September increasing 159 percent to $4.1 billion, but the company says the increase was largely due to…

Horticultural group, Ariston had mixed fortunes during the year ending September. Flower exports achieved a new high with the company exporting 26 million stems, but tea production dropped by 9…

Tetrad Securities had a mediocre performance during the year ending September but it says profitability improved significantly during the second half because of increased volatility in the market which was…

Despite a difficult agricultural year marred by an industrial strike in December 2001 and poor rains, Tanganda Tea managed to produce a record crop of 11 011 tonnes. According to…

TZI, which has transformed itself into an investment company leaving management to the boards that are running its investments, had a turnover of $22.6 billion in the year ended September.…