News

Although she may not be in politics outright like her predecessor Sally, Zimbabwe's first lady Grace Mugabe seems to be doing more damage to her husband because of her extravagancy. …

Retail credit group, Tedco, which owns among others, Nyore Nyore Zimbabwe Furnishers, Radio Limited, CW Stores and the House of Kumali, had a 59 percent increase in pre-tax profits in…

Despite losing $3.2 million through redundancy costs and a further $3.5 million through exchange losses, Apex Corporation still managed to post an $8.6 million profit in the six months ending…

Maize, soyabean and wheat deliveries to the Grain Marketing Board increased by 545 percent, 450 percent and 262 percent, respectively, in the first three months of this year as compared…

Seventy-two percent of the firms in manufacturing and 73 percent in mining were operating below capacity in the first four months of this year but for mining this was an…

Bulawayo-based Haddon and Sly, which runs a department store and supermarkets, had a disappointing year which saw profits after tax decline from $772 000 to $215 000, although the latest…

Former financial advisor to Fidelity Life Assurance, Chief Bango, says the company must be investigated because it paid out hefty packages to workers who opted for voluntary retirement in February.…

Once troubled paper giant, Art Corporation, has posted a profit of $65.3 million in the six months ending March, but profit attributable to shareholders was reduced to $56.7 million after…

While its major competitor British American Tobacco Zimbabwe is reeling under a $35 million doubtful debt, Rothmans of Pall Mall Zimbabwe has posted good results with the group's consolidated earnings…

The re-introduction of price controls on maize meal by the government and the intention to gazette the prices of other basic commodities is a complete reversal of the liberalisation programme…