News

The Zimbabwe Stock Exchange , which received a boom last year with 10 billion shares valued at $650 billion changing hands, has been on a free fall with the key…

First it was Philip Chiyangwa. Then came James Makamba. Followed by Jane Mutasa. Some might say these are small fry in ZANU-PF. The big fish are getting away. But the…

The Daily News saga, which has been dragging on for five months, clearly demonstrates how true the old saying: When two elephants fight it is the grass that suffers, is.…

Phoenix Consolidated Industries saw its sales improve from $2.5 billion in 2002 to $13.5 billion last year but it has invested heavily into four of its subsidiaries because it believes…

Though lamenting poor trading conditions Powerspeed Electrical still managed a $2.5 billion net profit for the year ending September, nearly a tenfold increase from the $269.3 million it made in…

Apex Corporation had an excellent year ending October with profit before tax increasing more than tenfold from $737.2 million to $7.8 billion. More than half of the profit came from…

Milling and farming products group, CFI, is capitalising on the current agrarian reform. Sales improved by 348 percent and net profit soared by 697 percent. According to its results for…

Textile giant David Whitehead continued on its recovery path with sales increasing by nearly 300 percent from $4.1 billion to $16.3 billion. In its report for the year ending September,…

Seed Co, one of the biggest seed producers in the region, says there is insatiable demand for seed in the region. The company therefore expects to sell all its stocks.…

Zimbabwe on Monday reduced duty on fuel but this did not have any impact because of the weakening Zimbabwe dollar. Instead prices of fuel went up, sparking fears that this…