Stories

Milling company, CFI Holdings, which also operates a chain of retail stores and is probably the country's biggest poultry producer could be heading for an exceptional year. According to its…

The message on bank notes is clear and simple. "I promise to pay the bearer on demand (amount) for the Reserve Bank of Zimbabwe," it says. But no one is…

Zimbabwe has revised its HIV/AIDS figures downwards from an estimated 2.3 million to 1.82 million, reducing prevalence from 33.7 percent to 24.9 percent. But contrary to some reports which have…

Despite the shortages of electricity, cement, coal, fuel and other utilities which have become a daily challenge, PG Industries says it has so far been able to read the Zimbabwe…

Retail group OK Zimbabwe saw its sales for the year ending March almost treble from $16.3 billion to $47.7 billion but it says the increase in sales was largely inflationary…

Although inflation and remittances from Zimbabweans abroad will continue to fuel consumptive buying, this will not be able to counteract the now severe economic contraction. Delta Corporation, the country's biggest…

The freefall of the Zimbabwean dollar continued with the local currency plunging to about $4 000 to the greenback by the end of July. Market watchers attribute the decline to…

Theories about the current shortage of local cash continue to abound. Initially, the central bank was said to blame for not accurately predicting inflation and thus not injecting enough cash…

Textile giant, David Whitehead had a net profit that was more than one-and-a-half-times that for the entire year ending September during the first half of this year. But the company…

Zimbabwe is full of paradoxes. The country has no cash, fuel or foreign currency. But companies are doing booming business, at least in terms of returns for their investors. Though…