Border Timbers narrowed its loss after tax by 89 percent from $24.3 million to $2.6 million in the full year to June buoyed by a cut in costs.
Local investors reacted to a cabinet reshuffle in the week by piling onto the stock market, leading to the mainstream index hitting another record setting level of 505.32 on Friday.
There was heated debate in Parliament last week when Binga North Member of Parliament sought clarification from the Deputy Minister of Local Government Christopher Chingosho where First Lady Grace Mugabe got the authority to issue orders to government institutions.
Zimbabwe’s raw milk production increased by nearly three percent to 5.72 million litres in September, compared to 5.58 million litres achieved in the same period last year, latest figures show.
A Zimbabwe African National Union-Patriotic Front Member of Parliament has complained about how projects in Bulawayo are not being prioritised and said that it was this lack of concern about the plight of the people of Bulawayo and Matebeleland that led to complaints about tribalism and regionalism.
Clothing retail chain, Truworths widened its loss after tax by 73 percent from $1 million to $1.7 million in the full year to July weighed down by a 24 decline in revenue.