Stories

Zimbabwe's food saga has taken a new twist with one report saying that contrary to claims by the government that the country has enough food, this year's harvest is going…

Former conglomerate TA Holdings, which has now been trimmed to focus on insurance, hotels and agro-chemicals, had an excellent year boosted by its associate companies which brought in profits of…

Circle Cement, probably the country's second largest cement producer, had a dramatic turnaround from a loss of $862.3 million in 2002 to a profit of $9.8 billion, largely because of…

The Merchant Bank of Central Africa, which says it sticks to principles of openness, integrity and accountability and conducts its affairs with care and in good faith, safeguarding its stakeholders'…

Clothing retail group Edgars Stores had a five-fold increase in sales during the year ended January 3 despite an acute shortage of cash for most of last year until the…

ReNaissance Merchant Bank, which started operations in 2002, had a net profit of $13.7 billion, up from $1.2 billion in 2002. And it is in such a financially sound condition…

The decline in disposable incomes of consumers saw volumes at Cairns Foods and ME Charhons decline from December to February, but Cairns Holdings still managed to increase its revenue by…

Though the new monetary and fiscal policies announced by the government in the last quarter of 2003 are expected to provide the basis for economic stabilisation and turnaround, the recovery…

Tractive Power Holdings had improved trading volumes, particularly in the parts and service departments, but though turnover increased by 516 percent to $54.1 billion, it had a net profit of…

The Commercial Bank of Zimbabwe, which was headed by central bank governor Gideon Gono, was one of the few banks unshaken by the new monetary policy announced by Gono in…