Rio Tinto quadruples its profit

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…

Land Reform Derailed!

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,…

Mhangura makes a $78m loss

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…

Hunyani profits up 39 percent

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…

Maize prices firm

With yields now expected to be lower than had initially been anticipated because of the incessant rains, forward prices at the Zimbabwe Commodity Exchange (Zimace) are firming with some offers…

Bill 15 months late

The Insider which was given a line in August 1997 but had the number changed from 730522, which apparently still appears in the telephone directory despite the numerous reminders, to…

Bull run on ZSE continues

The bull run on the Zimbabwe Stock Exchange which began in January and was temporarily halted by President Robert Mugabe's remarks that judges who were questioning the government's illegal detention…

MacMed still on growth path

MacMed, the leading supplier of medical, surgical supplies, services and equipment to the medical industry, which was only listed in July last year has posted good results for the year…