Posted inStories

Demand for DW products soars

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…
Posted inStories

Ariston sales up 250 percent

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…
Posted inStories

Tetrad down but optimistic

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…
Posted inStories

Tanganda produces record crop

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…
Posted inStories

TZI revenue up 119 percent

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.…
Posted inStories

Exports boost ART revenue

A change in focus from a dwindling Zimbabwean market to an expending regional one saw newly listed Amalgamated Regional Trading (ART) almost treble its sales from $4.5 billion to $12.4…
Posted inStories

Queues of a different kind

Queues are a common sight in Zimbabwe. They are usually associated with shortages- of maize meal, bread, fuel or sugar. But there is a new type of queue that is…
Posted inStories

Interfresh EPS up 560 percent

Horticultural company, Interfresh had excellent results in the nine months to September with sales going up 238 percent to $3.9 billion, more than the total sales for last year which…