Stories

For ZANU-PF, the Umdhala Wethu gala, held at Ascot Stadium in Gweru to commemorate the death of former vice-President Joshua Nkomo five years ago, was not just an event. It…

Highveld Financial Services, a new entrant into the volatile financial services sector, made a net profit of $774.4 million in its first nine months of operation. The discount house, which…

Seed Co, which already has operations in South Africa, Mozambique, Zambia and Botswana and is looking at Cameroon, Egypt and East Africa, saw its regional sales for the year to…

Though interest rates have tumbled from over 600 percent to about 200 percent this is not good enough for businesses to borrow and operate profitably, the regional manager of the…

Private schools, which were stung at the beginning of this term by the government's decision to close them unless they revised their school fees, are to meet in a week…

The Southern African Reinsurance Company (SARE) had positive results for the year ending December despite negative fundamentals. Its net profit for the year increased from $189.4 million to $3.2 billion.…

Though volumes declined by 6 percent and exports by 21 percent, British American Tobacco (BAT) Zimbabwe Holdings still saw its turnover increase from $10.1 billion in 2002 to $65.4 billion…

CFX Merchant Bank, which recently merged with troubled Century Bank, had a good performance last year despite the turmoil in the financial sector. The bank saw its interest and discount…

Retail group Tedco Limited, which changed its financial year-end from September to December,had one of the worst Christmas trading periods in its history, it says in its report for the…

A loan of US$5.3 million from the Africa Export Import Bank helped resuscitate operations at Wankie Colliery boosting production from 30 percent to 75 percent by December. According to the…