News

Barclays, one of the largest commercial banks in the country, cashed in on the liquidity crisis that rocked the financial sector in the last quarter of 2003, "which saw all…

Central bank governor Gideon Gono announced new measures to boost foreign currency inflows from exporters and Zimbabweans living abroad but, at the same time, maintained his grip on the financial…

Zimbabwe Newspapers, the country's major newspaper group, which is now facing very little competition following the closure of the Daily News in September had a massive turnaround, but market analysts…

The Zimbabwe Stock Exchange continued on its slow recovery with the key industrial index improving from 347707 at the end of March to 374 465 on April 28. The index…

Although the tyre replacement market declined in all sectors, National Tyre Services still managed to improve its sales by 577 percent largely because of the growth in the Bandag retreading…

Finance Minister Christopher Kuruneri became the first big gun in President Robert Mugabe's cabinet to be caught up in "Cyclone Gono" when he was arrested on Saturday, 24 April, for…

A punitive VAT policy imposed on Zimbabwean products by the Zambian government in the first half of last year adversely affected exports from General Beltings but this was mitigated by…

I could not hold my excitement when the Federal Express man handed me the white envelop. I opened it nervously. It contained two copies of a two-page agreement that I…

Steelnet, which comprises BMA Fasteners, Hastt Zimbabwe and Tube and Pipe Industries, had an excellent year in 2003 with each of the three units posting growths of over 600 percent.…

First Banking Corporation, one of the indigenous banks that had been blacklisted by established financial institutions at the beginning of the year as the liquidity crunch hit the financial sector,…