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 will rectify the country's macro-economic…

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 up 8 percent in rand.…

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 environment, it should realise real…

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 from $121.3 million the previous…

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 the company as a whole…

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 by 271 percent surpassing those…

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 finding it increasingly difficult to…