Zimbabwe Insider - Part 1719

  • Chemco survives despite controls

    Agricultural inputs company, Chemco has lamented the introduction of price controls and the recent changes in foreign currency regulations saying they will hamper growth of...

  • Hunyani sales hit by price controls

    Price controls that were extended to cover almost all basic commodities towards the end of last year adversely affected packaging company Hunyani Holdings because of...

  • CFI in 335 percent profit

    Milling companies tend to thrive when there is a drought. CFI Holdings which owns Victoria Foods and Agrifoods was not exception. Its sales were up...

  • Apex profit increases tenfold

    Apex Corporation, one of the top five performers on the Zimbabwe Stock Exchange, whose share price soared $2.35 to $50 a share last year, had...

  • Phoenix profit trebles

    Phoenix Consolidated Industries in which Apex Corporation has a 51 percent stake had what the company termed impressive results but sales just more than doubled...

  • Gulliver sales treble

    Heavy engineering group Gulliver Consolidated says it has now consolidated its operations focussing on its core business of steel and steel engineering and it managed...

  • Powerspeed boosted by declining dollar

    Although its net profit increased more than five-fold from $45.7 million to $269.3 million, and its sales shot up from $1.3 billion to $3.2 billion,...

  • Econet goes offshore for funds

    Executives from Econet Wireless New Zealand which wants to be that country’s third mobile phone operator are in South Africa putting together a funding plan...

  • Where is the surplus maize?

    With half the nation reported to be facing food shortages, the latest figures released by the Famine Early Warning Systems Network (FEWSNet) demand that the...

  • Government urged to stimulate horticultural sector

    The Tripartite Negotiating Forum (TNF) which comprises government, employers and labour and is now spearheading the economic recovery of the country, seems to have endorsed...