Stories

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…

The purchasing power of the Zimbabwe dollar fell by nearly two-thirds last year and today's dollar is less than one cent its value in 1990, NMBZ Holdings says in its…

One of the country's leading stockbroking firms has expressed dismay at the results that are being released by most listed companies. Sagit says just when every economic indicator is pointing…

Genesis Investment Bank which was placed under curatorship for six months from July to December still managed to make a profit of $154 million up from $121.3 million the previous…

Zimbabwe Financial Holdings (Finhold) had a lacklustre performance with net profit doubling from $501.5 million to $1.2 billion but it says with a stable macro-economic environment, it should realise real…

Insurance and financial services group, Old Mutual is upbeat about its results for 2002, though operating profit was down 15 percent in pounds sterling but up 8 percent in rand.…

First Banking Corporation has welcomed the current tripartite negotiations between the government, employers and labour saying it hopes they will result in robust initiatives which will rectify the country's macro-economic…

A United States State Department report released this month says a campaign of personal plunder, masquerading as "land reform" was a tool for the government to steal, murder, abuse and…

The Famine Early Warning Systems Network (FEWS Net) has recommended that the government remove price controls on food staples and other items to enlist the support of the market to…

ReNaissance Merchant Bank posted a net profit of $1.2 billion in its first year of operation and was highly rated by the Reserve Bank of Zimbabwe when it examined the…