News

Although its net profit increased more than five-fold from $45.7 million to $269.3 million, and its sales shot up from $1.3 billion to $3.2 billion, Powerspeed Electrical says the figures…

Heavy engineering group Gulliver Consolidated says it has now consolidated its operations focussing on its core business of steel and steel engineering and it managed to achieve results that were…

Horticultural group, Ariston had mixed fortunes during the year ending September. Flower exports achieved a new high with the company exporting 26 million stems, but tea production dropped by 9…

Zimbabwean investors will be in a catch-22 situation this year. There are no more safe havens for their money. The equity market to which most investors flocked following the lowering…

The figures do not add up. According to the Famine Early Warning System Network (FEWSNet), an agency funded by the United States Agency for International Development (USAID) which works in…

No one paid any attention to the 70-year old grey-haired woman as she sat rather passively, looking very innocent while they queued for bread outside a grocery shop in Gwabalanda.…

The departure of Daniel arap Moi in December after leading Kenya for 24-years has seen Zimbabwean president Robert Mugabe move one notch up among the world's longest surviving leaders. Moi…

Former editor-in-chief and founder of the Daily News, Geoff Nyarota, has indeed changed the face of journalism in Zimbabwe. As editor of Chronicle in the late 1980s, he ushered in…

Diversified retail group Tedco had mixed fortunes. There was a reduction in unit sales of furniture and electrical items while the clothing market remained buoyant. The company, which owns among…

Queues are a common sight in Zimbabwe. They are usually associated with shortages- of maize meal, bread, fuel or sugar. But there is a new type of queue that is…