News

The Speaker, Cyril Ndebele, defended him but lost. Now the attorney-general, Patrick Chinamasa, says the party was wrong to suspend him. That is good news for former Masvingo ZANU-PF provincial…

With the country plagued by bad news almost on a daily basis, even the most optimistic investors seem to have run out of patience. And all the pep talk that…

Tobacco, storage, printing and packaging group, TSL had an operating income before interest of $145.3 million during the six months ending April, a 36 percent increase over the same period…

Zimbabwe's media, starved of any real competition since the collapse of the Daily Gazette, could be in for a big surprise. First, Associated Newspapers Zimbabwe has just announced it is…

To quash "press reports and public opinion" which have stated that farmers are to blame for food price hikes, the Commercial Farmers Union has produced a 25-page report on the…

Printing and packaging giant, Hunyani, recorded a 30 percent increase in operating income in the six months ending April rising from $39.7 million last year to $50.1 million but a…

For the past two months, peasant farmers, disgruntled with the slow pace of resettlement and empty promises over the past 18 years, have been invading commercial farms and settling themselves.…

Rising costs which resulted in higher than expected overhead expenditure, labour unrest and the need to trim margins in order to compete saw Mashonaland Holdings' profit at a standstill, declining…

Randalls Holdings, which was floated last year with the company forecasting a pre-tax profit of $54.6 million based on assumptions that inflation would average 16 percent, the Zimbabwe dollar would…

Pharmaceutical company, CAPS, which barely two years ago was beset with problems of escalating costs, poor morale, lack of adequate product availability, a declining market share and a questionable future,…