News

The Cotton Company of Zimbabwe made a net profit of $13.5 billion during the year ended March, and it is looking forward to an even better year. According to the…

Agricultural workers, who are among the least paid workers in the country, are to receive the new minimum wages of $23 070 for the lowest paid and $44 934 for…

Increased borrowing demand and the need for more funding for the banking companies of Zimbabwe Financial Holdings saw its balance sheet balloon from $32.9 billion in the first half of…

Indigenous-owned Zimbabwe Tobacco Auction Centre (ZITAC) is gaining market share in the lucrative tobacco business and this is being attributed to the larger crop from smallholder farmers expected this year.…

Retail group, Tedco, joined the group of companies lamenting the "very difficult economic environment" but at the same time making hefty profits. Though it said retail demand, especially for high…

At first glance, the picture looks dismal. Volumes are down because of reduced agricultural activity. Turnover is adversely affected by price controls and reduced margins on some tobacco chemicals that…

By Brian Kagoro The perception gap Although there is no doubt that the legitimacy of Zimbabwe's President Robert Mugabe is now seriously disputed in many quarters, along with a whole…

Zimbabwe is likely to have another poor agricultural season because a number of factors that affect the agricultural industry have not been addressed. These include the shortage of seed and…

It was boom time for Tanganda. The company realised a net profit of $4.8 billion in the six months to April more than double the $2.3 billion it made for…

Packaging company, Hunyani could be in for an exceptional year. Its sales for the first half ending April were higher than those for the entire year ending October, yet it…