News

Premier Discount Company which started operations at the beginning of this year made a profit of $111million in the first half of this year, and it says despite the economic…

The strengthening of the South African rand against major currencies, particularly the United States dollar and the pound sterling, helped boost global insurance giant Old Mutual's earnings in sterling during…

Zimnat Lion Insurance Company, another short term insurance firm, has decided to expand into the region to cushion itself against the present negative macro-economic environment, which it says is not…

TA Holdings, which has just completed its restructuring exercise to focus on business with high growth potential, high margins and currency hedging, saw its net profit soar by 861 percent…

Despite the country's seriously deteriorating economy, fast food giant, Innscor, had a turnover of $78.7 billion and net profit of $14.6 billion. And it says though hyperinflation is likely to…

Short-Term insurance company NicozDiamond says the industry is now bedevilled by under insurance so policyholders will have to battle to keep track of the spiraling price increases. It says management…

The Zimbabwe Stock Exchange continued to be subdued as investors awaited the 2004 budget due to be tabled on November 20. Even the appointment of a new governor for the…

Zimbabweans, desperate for news about anything that can pull the country out of the current doldrums, were left in a quandary over the appointment of Gideon Gono as governor of…

Glenda of Beacon Bay in East London could not help but feel pity when a 44-year-old man knocked at her door looking for accommodation towards the end of August. The…

Reinsurance group, Zimre Holdings, had a good first half despite problems that bedeviled the country such as high levels of inflation, uncontrolled monetary growth, foreign exchange shortages, high unemployment and…