Stories

General Beltings Holdings narrowed its net loss for the six months to June by nearly a third to $254 230 from $360 380 in the prior comparable period chiefly due…

Turnall Holdings says it is negotiating with banks to conclude a scheme of arrangement which will see the manufacturer of building materials restructure its debt.  Acting finance director, Samson Mavende…

Regional seed producer, SeedCo expects its sales and earnings to grow this year on positive weather forecasts and continuation of government’s farmer support programme. Chief executive Morgan Nzwere told shareholders…

All investments involve an element of risk. The risk component is ostensibly behind the volatility in Zimbabwe’s currency markets. Among the panel discussions at the Financial Markets Indaba — a…

Fidelity Life Assurance’s  after tax profit doubled to $1.98 million in the six months to June from $985 253 in the comparable period last year driven by investment income and…

Medtech Holdings reported improved revenues and margins during the half-year period to June 30, but profitability was weighed down by a net exchange rate loss of $996 000. In percentage…

President Robert Mugabe has announced that he will reshuffle his cabinet next week. All eyes will be watching whether he will elevate his wife, Grace,  or not as she has…

The present crisis that Zimbabwe is facing is a result of government’s extravagance as it is spending money that it does not have, Bulawayo South legislator Eddie Cross says. The…

After defying economic gravity for a year, Zimbabwe’s homemade US dollars have fallen to earth with a bump. Rumours the central bank was buying up black market US dollars last…

Mashonaland West Senator Mike Musaka has singled out Vice-President Emmerson Mnangagwa for the sterling work he did in the Command Agriculture project. He said the programme needed “charismatic generals to…