News

Axia Corporation reported a six percent increase in after tax profit to $15.3 million in the year ended June from $14.5 million last year on increased revenue. Revenue at $248.3…

Zimbabwe authorities must think that the population is daft. Following the panic over the exchange rate between the bond note and the United States dollar a week ago during which…

Zimbabwe’s inflation for August was officially put at 0.14 percent but United States economist Steve Hanke says the country’s inflation is 242.72 percent. Hanke says Zimbabwe now has the second…

Nickel production at Bindura Nickel Corporation (BNC) grew by 2 percent to 1 810 tonnes in the first three months to June over the previous quarter despite a decline in…

Rainbow Tourism Group (RTG) narrowed its half year loss from $2.9 million last year to $307 950. Revenue in the half year period was up marginally from $11.4 million in…

Zimbabwe activist pastor Evan Mawarire said yesterday acquitted of inciting public violence, but he remains on trial for allegedly trying to subvert President Robert Mugabe's government, the French news agency…

Hwange Colliery Company reported a 23 percent decline in revenue to $18.8 million in the six months to June from $24.5 million last year weighed down by weak sales as…

The cash shortages in Zimbabwe have seen electronic transactions skyrocket from $6.8774 billion in2009 when the country dollarised to $80.0026 billion this year, Finance Minister Patrick Chinamasa told Parliament yesterday.…

Lafarge Cement recorded a 12.6 percent decline in revenue to $23.1 million in the six months to June from $26.5 in the prior year weighed down by a decline in…

Zimbabwean pastor Evan Mawarire who organised a national shutdown last year through his social media platform #ThisFlag was yesterday likened to the Nigeria Islamic group Boko Haram which is causing…