News

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…

Textile giant, David Whitehead had a net profit that was more than one-and-a-half-times that for the entire year ending September during the first half of this year. But the company…

Zimbabwe is full of paradoxes. The country has no cash, fuel or foreign currency. But companies are doing booming business, at least in terms of returns for their investors. Though…

Though the government had said it had concluded its land acquisition programme and was now consolidating it, more farms continue to be listed for acquisition. The government says it has…

The Cotton Company of Zimbabwe made a net profit of $13.5 billion during the year ended March, and it is looking forward to an even better year. According to the…

Agricultural workers, who are among the least paid workers in the country, are to receive the new minimum wages of $23 070 for the lowest paid and $44 934 for…

Increased borrowing demand and the need for more funding for the banking companies of Zimbabwe Financial Holdings saw its balance sheet balloon from $32.9 billion in the first half of…

Indigenous-owned Zimbabwe Tobacco Auction Centre (ZITAC) is gaining market share in the lucrative tobacco business and this is being attributed to the larger crop from smallholder farmers expected this year.…

Retail group, Tedco, joined the group of companies lamenting the "very difficult economic environment" but at the same time making hefty profits. Though it said retail demand, especially for high…