Zimbabwe Insider - Part 1690

  • IMF visit, a turning point for ZIM-IMF relations

    The two-week visit by a seven-member delegation from the International Monetary Fund (IMF) which ended on Wednesday marked a turning point in relations between Zimbabwe...

  • Radar’s results excellent but…

    On paper Radar’s results for the six months to December were excellent. Though mainly driven by inflation, turnover from continuing operations was up 621 percent...

  • Dairibord’s diversification pays off

    Dairibord Zimbabwe’s diversification is now paying off. Non-milk-based products contributed almost 60 percent of the company’s operating profit during the year ended December. Subsidiaries and...

  • First Bank is in very good shape

    First Banking Corporation, one of the indigenous banks that had been blacklisted by established financial institutions at the beginning of the year as the liquidity...

  • Forex auction halves revenue

    The recently introduced foreign exchange auction system has adversely affected export viability with the net effect being the halving of the Zimbabwe dollar export revenue....

  • Fires disrupt Border’s production

    A total of 40 fires, suspected to have been caused by arson, destroyed 900 hectares of timber belonging to Border Timbers, disrupting production of sawlogs....

  • Demand for Turnall products plummets but …

    Interest rates, which soared to 900 percent by December, saw the market for Turnall Holdings products immediately contract as money flow dried up. As a...