Interfin in $3.6 billion profit

Interfin Holdings, a financial services group which incorporates merchant banking, insurance, consumer finance, stockbroking and asset management, had a net profit of $3.6 billion, a 1 663 percent increase from…

The Jewel of Africa

"You have the jewel of Africa in your hands," said President Samora Machel of Mozambique and President Julius Nyerere of Tanzania to Robert Mugabe, at the moment of independence, in…

Zimpapers’ woes continue

Enock Kamushinda, ever the optimistic, and a strong believer in the land reform programme, seems to be having a hard time turning around Zimpapers, the country's largest newspaper group. The…

Metropolitan banks on land

Metropolitan Bank, which has been a strong advocate for land reform, says thousands of previously disadvantaged Zimbabweans who have been empowered by the land reform programme have the capacity to…

MBCA calls for pragmatism

The Merchant Bank of Central Africa (MBCA) says after two years of negative growth charactised by critical shortages of foreign currency, fuel and basic foodstuffs, high inflation and unemployment, it…

NDH profit drops

Foreign exchange remains the single most important factor hobbling the performance of the economy. Concessions should therefore be made and consensus on the way forward should be forged if the…

Good start for tobacco?

The tobacco selling season seems to have got off to a good start with prices firmer than those for the last two years. According to the Zimbabwe Tobacco Association, though…

Innscor in record sales

Fast food giant, Innscor, is operating below capacity because of a shortage of flour but its food division saw sales increase by 223 percent and the company as a whole…