Phoenix gears for expansion

Phoenix Consolidated Industries saw its sales improve from $2.5 billion in 2002 to $13.5 billion last year but it has invested heavily into four of its subsidiaries because it believes…

Isn’t it ironic?

Isn't it ironic that a person becomes a prime minister for five years, fights bitterly for the advancement of the black nationalist movement, offers land to ex-combatants and ends up…

Astra subdued

Astra Industries, which was one of the best performers on the Zimbabwe Stock Exchange last year, had a good year ending August with sales improving by 318 percent and net…

Gono’s clampdown bearing fruit

The clampdown on the financial sector, which is part of central bank governor Gideon Gono's new monetary policy announced on December 18, is bearing fruit. Speculators, who had literally taken…