News

France has hit Britain below the belt. Already at odds with Britain over the war against Iraq, France has invited President Robert Mugabe to attend the Franco-African summit next month…

Domestic cement sales for Porthold increased by 10 percent during the year ending September but the company had an operating loss of R8.7 million because of hyperinflationary cost pressures of…

Though there was a sharp fall in cotton production due to the drought, the Cotton Company of Zimbabwe (Cottco) still managed to increase sales by 51 percent from $7.1 billion…

Zimbabwe has imported 647 000 tonnes of maize and at the current rate of imports of 99 500 tonnes a month it could import a further 650 000 tonnes before…

One of the biggest problems Zimbabwe has faced over the years is that of policy reversals. One observer even joked that President Mugabe is a very generous man. He always…

Food shortages and the threat of starvation for the less privileged members of the community have forced many people to redirect their meagre resources towards food purchases rather than clothing…

Strong demand for products of Cairns Holdings saw the company's sales increase more than four-fold while net profit increased nearly ten-fold during the year ending August but volumes only increased…

Price controls, which kept the price of seed maize at pre-June 2001 levels, saw the net profit of SeedCo, one of the country's biggest seed producers, plummet by 63 percent…

Astra Industries, the star performer on the Zimbabwe Stock Exchange whose share price had soared by more than 2 700 percent by the third week of November, had a sterling…

Intermarket Building Society, which has taken over the former Founders Building Society, has taken advantage of the booming property business by launching a facility for Zimbabweans living abroad, who most…