Zimbabwe Insider - Part 1711

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    Farm acquisition continues

    Though the government had said it had concluded its land acquisition programme and was now consolidating it, more farms continue to be listed for acquisition....

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    Mugabe vindicated

    Zimbabwe planned to embark on a fast-track land reform programme prior to 1997 long before the formation of the opposition Movement for Democratic Change and...

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    Ashanti gold production and profit down

    Gold production at Ashanti, which has mines in Ghana, Tanzania and Zimbabwe dropped slightly last year from 1 656 784 ounces in 2001 to 1...

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    M & R off to good start

    Construction company Murray and Roberts had a good start to the current year with net profit for the first half increasing by 516 percent from...

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    SARE results encouraging

    Despite the worsening economic situation which saw inflation rise from 116.7 percent in January to 198.9 percent in December, Southern African Reinsurance Company (SARE) had...

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    Rude awakening for Chamunorwa

    New Financial Gazette editor-in-chief, Sunsleey Chamunorwa, received a rude awakening when he was called in to bail out the paper after an exodus of staff...

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    Bindura affected by policy shifts

    Policy inconsistencies by the government are bogging down companies which are increasingly finding it difficult to operate. Controls on foreign currency accounts in the last...

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    Zimre in $4.4 billion profit

    The sharp rise in inflation and price controls were the biggest challenge to the insurance industry because they eroded profitability, Zimre Holdings says in its...

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    Circle Cement in $862.3 million loss

    Circle Cement, which was forced to suspend operations in February because of lack of coal, made a net loss of $862.3 million last year, down...

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