Stories

Old Mutual Zimbabwe group’s after tax profit increased nearly six times to $91,8 million driven by the surge in investment income from non-banking. Basic earnings per share improved to 26.7…

Macro-Economic Planning and Investment Promotion Minister Obert Mpofu’s wealth has always raised eyebrows. How did he get so rich on a government’s meager minister’s salary. But most people did not…

Agrifoods is expected to resume operations in May after securing grain deal while awaiting capital injection of $5 million from its shareholders, creditors were told recently. Agrifoods, Crest Poultry Group…

For a man considered to be one of President Robert Mugabe’s potential successors, former Reserve Bank of Zimbabwe governor Gideon Gono’s decision to sell the Financial Gazette to Associated Newspapers…

Zimbabwe’s alternative trading platform (ATP), Financial Securities (Finsec) recorded a 43 percent decline in turnover for February  from $75 883 in January to $43 051 due to lack of investment…

The Bankers Association of Zimbabwe (BAZ) has warned that any further cuts in interest rates may result in banks reducing lending to the productive sector as they opt for state…

Tongaat Hulett says raw sugar production in Zimbabwe could rise  by 26 percent in the next two years on increased sugarcane production spurred by good rains received in the region.…

Individual small-scale farmers will be able to withdraw cash of up to $1 000 from their first tobacco sale and a maximum of up to $500 for subsequent sales under…

Zimbabwe’s mining companies say local banks are delaying processing of foreign payments by three months as the country battles a shortage of dollars, which could threaten production. Mining accounts for…

Former Vice-President and National People’s Party leader Joice Mujuru says it is now her chance to rule. In an exclusive interview with Newsweek, she said she was willing to enter…