The ever-optimistic chairman of Metropolitan Bank, Enock Kamushinda, says he is confident that the challenges that the country is facing can be solved if all stakeholders adopt a positive and constructive approach.
The Cotton Company has approved a $20 billion input scheme that could benefit 15 000 cotton farmers in the coming season.
Barbican Holdings made a net profit of $548.2 million in the first six months of this year, nearly 10 times the profit it made during the same period last year but it remains the worst performer on the Zimbabwe Stock Exchange.
Members of Zimbabwe’s major churches have denounced President Robert Mugabe’s government as the biblical “beast of anarchy” and vowed to mount a campaign to force the government to restore democracy and end its “oppressive” rule.
Production by large-scale farmers in Zimbabwe is likely to further plunge this year because of the ongoing agrarian reform, Commercial Farmers Union president Doug Taylor Freeme says.
Regional banking group ABC Holdings had a poor first half with headline earnings dropping from 23 thebe to 14 thebe.