News

Troubled Wankie Colliery saw its net profit increase marginally from $284.6 million in 2001 to $323.5 million last year, but in inflation adjusted terms it made a loss of $5.6…

David Parirenyatwa is one of the few ministers who has really stuck to his business, that of ensuring that his ministry runs. He has rarely departed from his core business,…

Zimbabwean paprika prices have increased up to US$ 2 000 a tonne from US$1 200 at the beginning of the season. Grade A crop, known as 'red gold', is fetching…

Zimbabwe is literary a country waiting to explode, not because of the political and economic crisis that it is experiencing, or pressure from visiting United States President George Bush who…

NicozDiamond, which was created through the merger of the National Insurance Company of Zimbabwe and Diamond Insurance company, to form what it says is the largest short-term insurer in the…

The relaxation of price controls has seen some of the basic commodities that disappeared off the shelves when the government introduced strict price controls coming back. Cooking oil is now…

Zimbabwe has increased the selling price of the staple maize from Z$9 600 to Z$211 756 a tonne and that of wheat from Z$30 100 to Z$336 584. It had…

Changes in the macro-economic policy on interest and exchange rates announced in February have brought hope to the battered economy says Zimnat Lion Insurance in its report for the year…

The food security situation in Mashonaland continued to improve while that in Matebeleland and parts of Midlands and Masvingo, which had already experienced three consecutive years of poor harvests, was…

Zimbabwe scraped through the first half of 2003 facing a new and unprecedented crisis- the shortage of local currency. The country has experienced shortages of various commodities before, the major…