News

Gold production at Freda-Rebecca Mine, the Ashanti Goldfields operation in Zimbabwe, dropped by almost half from 98 255 ounces in 2002 to 51 091 ounces last year resulting in operating…

Fidelity Life had a good start as a listed company. Though gross premium from the individual life division grew by only 125 percent, and group pensions by 326 percent, both…

Poor results from its South African banking subsidiary, Nedcor, which were heavily impacted by the holding of excess US dollars when the rand was strengthening, spoiled the 2003 results of…

"When you die, pray that you are reincarnated as a white man. It is a curse to be born black," joked a local journalist. He had been overwhelmed by the…

Zimbabwe Newspapers, which seems to have come under pressure to deal with journalists that are supposedly working for foreign interests, may have through its overzealousness inadvertently strengthened the Zimbabwe Union…

Droughts are good for milling companies. Despite rising inflation, cash shortages, shortage of maize and wheat, National Foods managed to increase sales from $28.3 billion in 2002 to $174.5 billion…

Information Minister Jonathan Moyo is about to get the recognition that he has been seeking for the past five years, a constituency of his own. Moyo, who has been working…

Fast food giant, Innscor's investment in National Foods, one of the biggest milling companies in the country, is beginning to pay off. In its report for the six months to…

He has only been in office for two months. That is as a senior minister. But he is already embroiled in a "scandal" that could end his career as he…

Cafca's export sales soared last year, increasing by a staggering 1065 percent. They overtook domestic sales whose volumes declined by 54 percent. Export volumes grew by 112 percent. According to…