By Jemima Kiss Exploiting the unregulated publishing platform of the internet, another Zimbabwe news site has been launched to meet the demand for independent, non-government affiliated news.
Clan Holdings, whose aim is to become the preferred transporter within the Southern African Development Community (SADC) region, received a new lease of life when its profit for the six months to June more than doubled that for the whole of last year and was more than eight times that for the similar period last year.
A thirty-fold increase in exports from $126.4 million to $3.8 billion in the first half of this year helped to boost Cafca’s net earnings from $326.9 million to $2.1 billion.
Bindura’s nickel sales for the six months to June were down by 32 percent due to two months furnace rebuild but net profit shot up from $1.5 billion to $12.8 billion.
The price of maize at Mbare Musika had gone up by more than 400 percent between mid-May and mid-October, according to the latest report from the Famine Early Warning Systems Network, but it had only increased by 61 percent in US dollar terms.