News

It was boom time for Tanganda. The company realised a net profit of $4.8 billion in the six months to April more than double the $2.3 billion it made for…

Packaging company, Hunyani could be in for an exceptional year. Its sales for the first half ending April were higher than those for the entire year ending October, yet it…

President Robert Mugabe's call on his lieutenants to surrender some of their farms if they have more than one is being viewed with a lot of skepticism, coming as it…

Although it made a profit of $739 million in the six months to March, gold producer Falcon Gold Zimbabwe (Falgold) says it might cease operations before the end of its…

TSL, which runs the country's biggest tobacco auction floors, has decided to stimulate tobacco production, which this year was half that of last year. This year's tobacco crop was estimated…

Someone trying to explain inflation, according to an article I read in Zambia - I cannot remember exactly where-had this to say: When a man went into a coffee shop…

Though Ashanti Goldfields's production for the first quarter of this year was 7 percent below that of the first quarter of last year, net profit was less than half that…

Although its domestic sugar business made a staggering loss of $826.4 million, ZSR Corporation, still managed to make a net profit of $4.1 billion, nearly ten times the profit of…

Despite the shortages of electricity, cement, coal, fuel and other utilities which have become a daily challenge, PG Industries says it has so far been able to read the Zimbabwe…

Retail group OK Zimbabwe saw its sales for the year ending March almost treble from $16.3 billion to $47.7 billion but it says the increase in sales was largely inflationary…