News

Gold production at Freda-Rebecca Mine, the Ashanti Goldfields operation in Zimbabwe, dropped by almost half from 98 255 ounces in 2002 to 51 091 ounces last year resulting in operating…

Fidelity Life had a good start as a listed company. Though gross premium from the individual life division grew by only 125 percent, and group pensions by 326 percent, both…

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 Cotton Company of Zimbabwe (Cottco), the country's largest producer and buyer of cotton seed saw its sales soar from $10.7 billion to $73.8 billion in the six months to…

Sales for Amalgamated Regional Trading (ART) shot up from $12.4 billion in 2002 to $82.1 billion last year. The company says in its report for the year ending September, the…

TZI, which says it has just completed a give-year cycle of contraction and unbundling, had a net profit of $26.8 billion last year, up from only $4.2 billion the previous…

Zimbabwe Financial Holdings (Finhold), which is currently the best performer on the Zimbabwe Stock Exchange, despite the turmoil in the financial sector, had excellent results for the year ending September…

A late winter cold spell and shortages of plucking labour resulted in a 3 percent decline in tea production but Tanganda Tea Company's sales for the year ending September still…

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…