Mugabe moves one notch up

The departure of Daniel arap Moi in December after leading Kenya for 24-years has seen Zimbabwean president Robert Mugabe move one notch up among the world's longest surviving leaders. Moi…

Tedco has mixed fortunes

Diversified retail group Tedco had mixed fortunes. There was a reduction in unit sales of furniture and electrical items while the clothing market remained buoyant. The company, which owns among…

Queues of a different kind

Queues are a common sight in Zimbabwe. They are usually associated with shortages- of maize meal, bread, fuel or sugar. But there is a new type of queue that is…

OK profit up 175 percent

Retail chain OK Zimbabwe saw its turnover in the six months to September increase by 129 percent from $6.6 billion to $15.1 billion but it says the growth was largely…

Demand for DW products soars

Textile company, David Whitehead, continues to prosper with sales for the year ending September increasing 159 percent to $4.1 billion, but the company says the increase was largely due to…

Delta thriving on increased spending

Despite the high inflation, negative interest rates, severe foreign currency shortages, an unrealistic exchange rate and falling formal employment, consumer spending has been firm largely because of the low interest…

PG has excellent first half

PG Industries had an excellent first half ending September with sales and net profit exceeding that for the full year ending March even in inflation adjusted terms. Sales totalled $6.6…