MBCA profit falls

MBCA Bank has reported a profit after tax of $5.7 million in the full-year to December 31, 2016, three percent lower than the $5.8 million in the prior year. Revenue…

For Mugabe, money grows on trees

President Robert Mugabe’s government announced a deal this afternoon to hand its employees $180 million in 2016 bonuses, only just managing to head off a planned strike. With an election…

ZANU-PF is like a condom

One irate reader, worried about how the ruling ZANU-PF has run down the country, has likened it to a condom. Writing in the Financial Gazette, Stivo Musekiwa, said: "The ruling…

Raw milk production up

Zimbabwe’s raw milk production for January 2017 grew to 5.53 million litres compared to 5.51 million litres in January last year, largely consolidating 2016 increases, latest figures show. Milk production…