News

TZI, which has transformed itself into an investment company leaving management to the boards that are running its investments, had a turnover of $22.6 billion in the year ended September.…

Despite a difficult agricultural year marred by an industrial strike in December 2001 and poor rains, Tanganda Tea managed to produce a record crop of 11 011 tonnes. According to…

Tetrad Securities had a mediocre performance during the year ending September but it says profitability improved significantly during the second half because of increased volatility in the market which was…

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.…

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…