Policy discord harming Zimbabwe says Dutch envoy Policy inconsistency and discord within government is keeping away potential foreign investors interested in Zimbabwe, the Netherlands ambassador to Zimbabwe, Gera Sneller has said. Continue Reading →
Zimre Property Investments profit up 35 percent Zimre Property Investments posted a 35 percent increase in profit after tax to $572 000 in the half year to June 2016, driven by a growth in projects income. Continue Reading →
Innscor to focus on Zimbabwe operations Innscor Africa reported a six percent increase in revenue from $554 million to $586 million in the full year to June driven by a growth in volumes across its business units. Continue Reading →
Zimpapers healthy but profit drops 70 percent Zimbabwe’s largest media group, Zimpapers today reported a 70 percent drop in net profit, from $1.9 million to $571 000, for the half year to June 2016 after incurring a high interest bill. Continue Reading →
Rainbow Tourism Group pulls out of Mozambique because of civil conflict Zimbabwe Stock Exchange-listed hotelier, Rainbow Tourism Group (RTG), has pulled out of Mozambique, citing a worsening political situation and cuts in spending by the government of that country. Continue Reading →
Mutsvangwa freed Neville Mutsvangwa, son of war veterans leader Christopher Mutsvangwa was yesterday acquitted of raping a 43-year old woman after the magistrate Hoseah Mujaya ruled that his accuser’s evidence was poorly presented and exaggerated. Continue Reading →
