Mugabe moves one notch up

The departure of Daniel arap Moi in December after leading Kenya for 24-years has seen Zimbabwean president Robert Mugabe move one notch up among the world's longest surviving leaders. Moi…

Where is the maize going?

The figures do not add up. According to the Famine Early Warning System Network (FEWSNet), an agency funded by the United States Agency for International Development (USAID) which works in…

Bleak prospects for investors

Zimbabwean investors will be in a catch-22 situation this year. There are no more safe havens for their money. The equity market to which most investors flocked following the lowering…

France to the rescue?

France has hit Britain below the belt. Already at odds with Britain over the war against Iraq, France has invited President Robert Mugabe to attend the Franco-African summit next month…

Delta thriving on increased spending

Despite the high inflation, negative interest rates, severe foreign currency shortages, an unrealistic exchange rate and falling formal employment, consumer spending has been firm largely because of the low interest…

OK profit up 175 percent

Retail chain OK Zimbabwe saw its turnover in the six months to September increase by 129 percent from $6.6 billion to $15.1 billion but it says the growth was largely…

Tedco has mixed fortunes

Diversified retail group Tedco had mixed fortunes. There was a reduction in unit sales of furniture and electrical items while the clothing market remained buoyant. The company, which owns among…

Medical claims up 300 %

Hyperinflation and the country's inability to generate foreign currency has had a disastrous effect on medical inflation with claims costs going up by three to four times the rate of…