News

Food shortages and the threat of starvation for the less privileged members of the community have forced many people to redirect their meagre resources towards food purchases rather than clothing…

Strong demand for products of Cairns Holdings saw the company's sales increase more than four-fold while net profit increased nearly ten-fold during the year ending August but volumes only increased…

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…

Century Holdings had an excellent year ending September with net profit increasing more than five-fold from $76 million to $440.2 million but it is only releasing its audited results in…

Ashanti Gold earned US$58.8 million in the first nine months of this year, up from US$37.6 million though gold sales were down from 1.25 million ounces to 1.22 million ounces.…

While most companies are mourning about the difficult trading conditions, Beverley Building Society says its operating conditions returned to near normality during the year ended June. It realised a net…

Zimbabwe has reached that stage when newspaper circulations should start falling. The country had all along had one of the highest newspaper circulations per capita, largely because its people were…

While an estimated 6.7 million are facing food shortage and the country's imports will only meet 73 percent of the nation's requirements, whispers say some indigenous millers are selling their…

Flue-cured tobacco seed sales have dropped by 19 percent from 352kg last year to 295 kg. The Zimbabwe Tobacco Association estimates that a total of 41 300 ha, about 50…