News

Stanbic Bank had a more than 10-fold increase in net profit in the first half of this year and it says that despite the current economic difficulties its future is…

Zimbabwe's image has plummeted as it economies woes worsened. The country is increasingly being viewed as corrupt as its economy deteriorates and nationals flee the country to look for greener…

Interfin Holdings, one of the most diversified financial services groups, which is into merchant banking, insurance, stockbroking, asset management and consumer financing, made a net profit of $12.7 billion in…

It was a simple remark. But it was loaded with meaning. Holding the hand of his remaining top lieutenant Joseph Msika, President Robert Mugabe told mourners at former vice-President Simon…

Overview The government of Zimbabwe has often asserted that the economic, social and political problems currently plaguing the country are rooted in land redistribution. The Government further claims that the…

Although net income dropped by 16.9 percent from $295.9 million to $246.6 million, Rapid Discount House says its results were satisfactory. The discount house says the high rate of inflation…

The Zimbabwe Congress of Trade Unions, like its ally the Movement for Democratic Change, squandered a unique opportunity to bring the government down to its knees when it failed to…

The Merchant Bank of Central Africa saw its net profit for the six months to June increase from $946.3 million to $2.5 billion but it chose to report in inflation…

Zimbabwe's economy can only be turned around when the present political crisis has been resolved. One of the country's leading financial institutions, Kingdom Financial Holdings says while Zimbabwe continues to…

While some people are accusing the government of over-reacting by closing down the Daily News following the Supreme Court ruling that it was operating illegally, others argue that the publishers…