Posts by Charles Rukuni

The re-introduction of price controls on maize meal by the government and the intention to gazette the prices of other basic commodities is a complete reversal of the liberalisation programme…

Randalls Holdings, which was floated last year with the company forecasting a pre-tax profit of $54.6 million based on assumptions that inflation would average 16 percent, the Zimbabwe dollar would…

Rising costs which resulted in higher than expected overhead expenditure, labour unrest and the need to trim margins in order to compete saw Mashonaland Holdings' profit at a standstill, declining…

Zimbabwe's media, starved of any real competition since the collapse of the Daily Gazette, could be in for a big surprise. First, Associated Newspapers Zimbabwe has just announced it is…

It is very rare to get good news these days, but tea company, Tanganda, had an "exceptional" performance in the six months ending April with profit attributable to shareholders increasing…

While its major competitor British American Tobacco Zimbabwe is reeling under a $35 million doubtful debt, Rothmans of Pall Mall Zimbabwe has posted good results with the group's consolidated earnings…

Once troubled paper giant, Art Corporation, has posted a profit of $65.3 million in the six months ending March, but profit attributable to shareholders was reduced to $56.7 million after…

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…