RTG optimistic

International tourism wholesalers are now beginning to believe and to accept that, contrary to some media campaigns, Zimbabwe is one of the safest tourism destinations in the world but the…

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 the company. It says restricted…

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 a decline in demand for…

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 150 percent from $10.5 billion…

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 an excellent performance during the…

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 from $991.6 million to $2.5…

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 to achieve results that were…