News

Steelnet had a good first half recording a net profit of $3.9 billion, and increase of 869 percent over the same period last year. The net profit was more than…

The report of the Presidential Land Review Commission established to look into the implementation of the Fast Track Land Reform Programme may have come a little too late as it…

General Beltings, which was demerged from TH Holdings last year, had a successful first half with exports accounting for more than half the company's revenue. Local sales soared from $279…

Measures taken by British American Tobacco Zimbabwe to curb cross border trade in cigarettes are reported to have reduced the trade by 15 percent during the first half of this…

Turnall Holdings, one of the country's biggest manufacturers of asbestos cement products, received a tremendous boost from the revised exchange rate announced in February. It earned $2.7 billion in net…

The devaluation of the Zimbabwe dollar in February, which saw the Zimbabwe dollar drop from $55 to $800 to the greenback, earned Border Timbers an exchange gain of $5.3 billion.…

While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using their phones for receiving calls and sending messages, Econet Wireless…

It can only happen in Zimbabwe, the land of both misery and opportunities. While most people are suffering, some are laughing all the way to their banks. While companies are…

Zimnat Lion Insurance Company, another short term insurance firm, has decided to expand into the region to cushion itself against the present negative macro-economic environment, which it says is not…

TA Holdings, which has just completed its restructuring exercise to focus on business with high growth potential, high margins and currency hedging, saw its net profit soar by 861 percent…