News

Zimbabwe's tobacco auctions kicked off on a high note on March 30 with 196 930 kg being sold at an average price of US$1.74 a kg. The auctions were opened…

The jingle is now boring. Some might even say it is irritating. The dance is obscene. It verges on child abuse. But the message: Kana mvura ikanaya chete tichazadza matura…

A 45 percent growth in exports mainly to Zambia and Kenya, saw volumes at Hunyani grow by 6.7 percent during the year ending October. Sales grew by 485 percent from…

Though it continues to be bogged down by lack of clarity on the future of Mazoe Citrus Estates, as 88 percent of its land is designated for acquisition, horticultural group…

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…

Falcon Gold, one of the best performers on the Zimbabwe Stock Exchange last year, produced 696 kg of gold last year, about 22 378 ounces, but it says this was…

Gulliver Consolidated had a rough but fruitful year with sales improving from $1.9 billion to $7 billion and net profit increasing from $213.3 million to $909.7 million. According to its…

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…