Stories

Changes in the macro-economic policy on interest and exchange rates announced in February have brought hope to the battered economy says Zimnat Lion Insurance in its report for the year…

The food security situation in Mashonaland continued to improve while that in Matebeleland and parts of Midlands and Masvingo, which had already experienced three consecutive years of poor harvests, was…

It is now official. While the local and international media are debating Zimbabwean president Robert Mugabe's retirement and succession, his party, ZANU-PF, is already gearing itself for the 2005 Parliamentary…

Dairibord Zimbabwe still managed to increase its sales by 171 percent despite a drop in milk supplies of 13.25 percent and price controls that affected most of its products. The…

Rio Tinto's gold production dropped by almost half from 2 097 kgs in 2001 to 1 182 kgs last year and it looks the trend has not changed. The company…

A $210 million investment into Interfresh in 2001 is beginning to pay off. The company made a net profit of $1.6 billion last year an increase of 839 percent from…

Royal Bank, one of the latest commercial banks in the country, made a profit of $70.2 million in its first eight months of operation, but it already had seven branches,…

The parallel market will not disappear until a holistic economic revival programme encompassing all sectors and markets of the economy is put in place. A parallel initiative to stabilise the…

The stock market which had become a safe haven for investors over the past two years is now lagging behind escalating inflation which soared to 228 percent last month. The…

Century Holdings, another financial services company which is expanding into the region, saw its International Transfer company in Botswana make a loss of $55 million but it says this was…