Posts by Charles Rukuni

Dairibord Zimbabwe Limited (DZL) has increased the producer price of milk by 27 percent from $5.50 to $7 a litre but it says since the purchase of raw milk from…

The continued volatility of the Zimbabwe dollar (since stabilised following the moral suasion between the central bank and the financial institutions) in spite of the anticipated disbursement of balance of…

Cable company, BiccCafca had a successful year in which it saw its profit attributable to shareholder increase from just $1 million to $23 million and it has declared a dividend…

The Zimbabwe Reinsurance Corporation (Zimre), which dominates the reinsurance business in the country, although there are six other operators in the country, is coming on to the market although it…

Schweppes Zimbabwe Limited, which is still assessing the impact of the global sale of Schweppes brands to Coca Cola outside the United States, France and South Africa, had satisfactory results…

Watching Herald editor Bornwell Chakaodza make a spectacle of himself during the televised interview of President Mugabe on the eve of his 75th birthday, those who have been reading his…

Packaging giant, Hunyani Holdings, saw its earnings attributable to shareholders increase by 39 percent from $84.3 million for the year ending October 1997 to $117.1 million last year but it…

Mining group Rio Tinto Zimbabwe's net profit nearly quadrupled from $57.8 million in 1997 to $208.2 million last year, largely because of the devaluation of the Zimbabwe dollar but the…

Bulawayo-based Radar Holdings saw its profit available for distribution increase by 125 percent from $7.7 million in the six months to December 1997 to $17.3 million during the same period…

FridgeMaster, which came into Zimbabwe a few years ago with a bang, is now planning to quit because "rampant inflation in Zimbabwe has significantly diminished disposable income reducing demand for…