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Astra subdued

Astra Industries, which was one of the best performers on the Zimbabwe Stock Exchange last year, had a good year ending August with sales improving by 318 percent and net…
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Gono’s clampdown bearing fruit

The clampdown on the financial sector, which is part of central bank governor Gideon Gono's new monetary policy announced on December 18, is bearing fruit. Speculators, who had literally taken…
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Truworths profit up 445 %

Clothing retail group Truworths saw its sales for the year ending 6 July increase by 274 percent while net profit surged by 445 percent. It says inflation for clothing and…
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OK says people need more cash

OK Zimbabwe, one of the country's largest supermarket chains, says the country needs more cash and an environment that is free of excessive controls to allow all sectors to regain…
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Tractive Power profit up 502%

Tractive Power Holdings nearly trebled its sales from $7.2 billion to $21.8 billion though it says turnover was constrained by deferred capital investment and machinery repairs. According to its results…
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Bleak year for journalists

Forty-two journalists were killed and 766 others arrested in 2003, which was one of the bleakest for the profession. This was the highest figure of journalists killed since 1995 when…
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Tedco to demerge

Though the country is currently reeling from a shortage of foreign currency, one retail and manufacturing group, Tedco, says its export order book currently exceeds its available plant capacity. Exports…