News

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…

Although inflation and remittances from Zimbabweans abroad will continue to fuel consumptive buying, this will not be able to counteract the now severe economic contraction. Delta Corporation, the country's biggest…

The freefall of the Zimbabwean dollar continued with the local currency plunging to about $4 000 to the greenback by the end of July. Market watchers attribute the decline to…

Zimbabwe planned to embark on a fast-track land reform programme prior to 1997 long before the formation of the opposition Movement for Democratic Change and the nation's refusal to sanction…

Theories about the current shortage of local cash continue to abound. Initially, the central bank was said to blame for not accurately predicting inflation and thus not injecting enough cash…