Zimbabwe Insider - Part 1718

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    Economy shrinking by 1 percent a month

    Zimbabwe’s economy has been shrinking by 1 percent every month over the last three years so companies require more innovation to perform well, Barbican Holdings,...

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    CBZ says ERP should be vigorously pursued

    The economic revival plan announced by the government last month should be developed into a sustainable economic roadmap to uplift the country from the current...

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    First Bank welcomes TNF talks

    First Banking Corporation has welcomed the current tripartite negotiations between the government, employers and labour saying it hopes they will result in robust initiatives which...

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    OM upbeat about its results

    Insurance and financial services group, Old Mutual is upbeat about its results for 2002, though operating profit was down 15 percent in pounds sterling but...

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    Finhold in lacklustre performance

    Zimbabwe Financial Holdings (Finhold) had a lacklustre performance with net profit doubling from $501.5 million to $1.2 billion but it says with a stable macro-economic...

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    Genesis makes a small profit

    Genesis Investment Bank which was placed under curatorship for six months from July to December still managed to make a profit of $154 million up...

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    Innscor in record sales

    Fast food giant, Innscor, is operating below capacity because of a shortage of flour but its food division saw sales increase by 223 percent and...

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    Afdis profit up 497 percent

    While most people are reeling from the effects of high inflation, the consumptive spending it is promoting saw sales of liquor company African Distillers soar...

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    Zimplow exports up 230 percent

    Zimplow continues to make record profits though erratic rains over the past three seasons have changed the spending patterns of rural farmers as they are...

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    Electrification boosts BICCCAFCA sales

    The rural electrification programme in Zimbabwe and other electrification projects in the region helped boost sales for BICCCAFCA which increased by 180 percent from $2.4...

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