Posts by Charles Rukuni

Bulawayo-based Haddon and Sly, which runs a department store and supermarkets, had a disappointing year which saw profits after tax decline from $772 000 to $215 000, although the latest…

Despite losing $3.2 million through redundancy costs and a further $3.5 million through exchange losses, Apex Corporation still managed to post an $8.6 million profit in the six months ending…

Retail credit group, Tedco, which owns among others, Nyore Nyore Zimbabwe Furnishers, Radio Limited, CW Stores and the House of Kumali, had a 59 percent increase in pre-tax profits in…

Pharmaceutical company, CAPS, which barely two years ago was beset with problems of escalating costs, poor morale, lack of adequate product availability, a declining market share and a questionable future,…

Printing and packaging giant, Hunyani, recorded a 30 percent increase in operating income in the six months ending April rising from $39.7 million last year to $50.1 million but a…

Tobacco, storage, printing and packaging group, TSL had an operating income before interest of $145.3 million during the six months ending April, a 36 percent increase over the same period…

The internet is fast engulfing the world. Although there are only one million users in Africa, the internet is available in 42 of the 54 countries. Sadly out of the…

After more than six months of squabbling the government and the Zimbabwe Congress of Trade Unions have finally met and it appears they have reached some form of truce. President…

It took years to come on line. The job had to be re-tendered after objections from some donor governments. Although initially estimated to cost just over $400 million, the project…

Former financial advisor to Fidelity Life Assurance, Chief Bango, says the company must be investigated because it paid out hefty packages to workers who opted for voluntary retirement in February.…