Stories

The devaluation of the Zimbabwe dollar in February, which saw the Zimbabwe dollar drop from $55 to $800 to the greenback, earned Border Timbers an exchange gain of $5.3 billion.…

While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using their phones for receiving calls and sending messages, Econet Wireless…

It can only happen in Zimbabwe, the land of both misery and opportunities. While most people are suffering, some are laughing all the way to their banks. While companies are…

Circle Cement is back in black following the lifting of price controls in April. Price controls were replaced by price monitoring, and though it had just two months before the…

Barbican Holdings, which anchored the worst performers on the Zimbabwe Stock Exchange for the first nine months of this year, has dropped out of the worst five. Its share price…

It's now more than two months since the Daily News saga began. When the country's most popular newspaper was shut down on September 13 following a Supreme Court ruling that…

Southern Africa Reinsurance Company (SARE) had a good first half with net profit increasing more than 13-fold from $63 million to $822.2 million. Gross premium increased from $555.9 million to…

The 2004 Budget focused mainly on implementing stabilisation policies designed to bring down inflation but was silent on monetary policy, leaving that to the new governor of the Reserve Bank,…

Short-Term insurance company NicozDiamond says the industry is now bedevilled by under insurance so policyholders will have to battle to keep track of the spiraling price increases. It says management…

The Zimbabwe Stock Exchange continued to be subdued as investors awaited the 2004 budget due to be tabled on November 20. Even the appointment of a new governor for the…