Stories

FridgeMaster, which came into Zimbabwe a few years ago with a bang, is now planning to quit because "rampant inflation in Zimbabwe has significantly diminished disposable income reducing demand for…

The continued volatility of the Zimbabwe dollar (since stabilised following the moral suasion between the central bank and the financial institutions) in spite of the anticipated disbursement of balance of…

Dairibord Zimbabwe Limited (DZL) has increased the producer price of milk by 27 percent from $5.50 to $7 a litre but it says since the purchase of raw milk from…

With auction floors due to open in two months, Zimbabwe's tobacco farmers, after receiving a battering last year in which they were only saved by the depreciation of the Zimbabwe…

Bulawayo-based Radar Holdings saw its profit available for distribution increase by 125 percent from $7.7 million in the six months to December 1997 to $17.3 million during the same period…

Mining group Rio Tinto Zimbabwe's net profit nearly quadrupled from $57.8 million in 1997 to $208.2 million last year, largely because of the devaluation of the Zimbabwe dollar but the…

It is amazing how Zimbabwe, of late, seems to have developed a propensity for self-destruction. Over the past 15 months there has been so much talk about the land issue,…

Nothing seems to be going on well for the troubled Mhangura Copper Mines. It's results for the 12 months ending June 1998, were seven months late and they were a…

Packaging giant, Hunyani Holdings, saw its earnings attributable to shareholders increase by 39 percent from $84.3 million for the year ending October 1997 to $117.1 million last year but it…

Construction company Murray and Roberts Zimbabwe has recorded a 70 percent increase in turnover from $403.1 million in the six months to December 1997 to $685.9 million during the same…