News

South African police are reported to be closing in on David Jesse who is continuing to cause havoc in that country. Their only problem, reports say, is that they are…

Though its operations are much smaller, retail chain Truworths saw its sales increase by 214 percent and net profit by 397 percent during the year ended January 5. Sales increased…

Opposition leader Morgan Tsvangirai could go down in history as the president who never was. His Movement for Democratic Change (MDC) missed the 2000 parliamentary elections by a whisker. It…

Zimbabwe and the United States may be at loggerheads but Border Timbers seems to be doing booming business in the United States. And it says despite the turmoil in the…

Rapid Discount House had a slight drop in profit from $430.6 million to $420.1 million, largely because of an increase in operating expenditure and a higher tax provision. Interest income…

Kenneth Schofield has not only filled in the shoes of Chris Schofield as chairman of Radar but he seems to have inherited the humour that he packed in his company…

ZDB Financial Services now seems to be out of the doldrums. After recording paltry profits of under $30 million for two consecutive years, the institution last year recorded a five-fold…

The shortage of foreign currency and the accumulation of arrears is discouraging foreign investment as investors are unable to repatriate their dividends. By the end of last year an estimated…

Royal Bank, one of the latest commercial banks in the country, made a profit of $70.2 million in its first eight months of operation, but it already had seven branches,…

The parallel market will not disappear until a holistic economic revival programme encompassing all sectors and markets of the economy is put in place. A parallel initiative to stabilise the…