Stories

Zimbabwe, which rarely receives positive coverage from South Africa, has received a major fillip with the Standard Bank of South Africa saying the country's economy, which has been on a…

"Despite the forecast by the Reserve Bank of Zimbabwe to reduce inflation to a manageable level, what we are seeing on the ground is the reverse of that. Whilst statistics…

By focussing on profitability rather than turnover, CAPS Holdings managed to turn around from a loss of $115.3 million to a profit of $10.8 billion. Sales increased by 412 percent…

Genesis Financial Holdings could be in for another high jump this year. The banking group, which was under curatorship for most of 2002,only made a net profit of $691.4 million…

Local Government Minister Ignatius Chombo, whose interference into the operations of the Harare City Council has almost crippled the capital, seems to be heading for a showdown with the Bulawayo…

Century Holdings, whose bank had to be rescued by the Reserve Bank of Zimbabwe following a liquidity crunch towards the end of last year, managed to make a net profit…

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…