Tractive Power profit up 502%

Tractive Power Holdings nearly trebled its sales from $7.2 billion to $21.8 billion though it says turnover was constrained by deferred capital investment and machinery repairs. According to its results…

Bleak year for journalists

Forty-two journalists were killed and 766 others arrested in 2003, which was one of the bleakest for the profession. This was the highest figure of journalists killed since 1995 when…

Tedco to demerge

Though the country is currently reeling from a shortage of foreign currency, one retail and manufacturing group, Tedco, says its export order book currently exceeds its available plant capacity. Exports…

Truworths profit up 445 %

Clothing retail group Truworths saw its sales for the year ending 6 July increase by 274 percent while net profit surged by 445 percent. It says inflation for clothing and…

OK says people need more cash

OK Zimbabwe, one of the country's largest supermarket chains, says the country needs more cash and an environment that is free of excessive controls to allow all sectors to regain…

ZSE down but picking up

Zimbabwe's key industrial index which peaked at 754 604 in August, and was down to 601 246 just before central bank governor Gideon Gono unveiled his monetary policy, had plunged…

Tsvangirai hangs himself

Movement for Democratic Change leader Morgan Tsvangirai may have hanged himself during his testimony in the treason trial in which he is accused of having plotted to assassinate President Robert…

The Botswana menace

Botswana police chief has decided to break ranks with politicians. He has spilled it out. Zimbabweans are a menace in his country. They are responsible for the spiralling crime. They…