The Morgan Tsvangirai Wikileaks cables-Part Four The former archbishop of Bulawayo Pius Ncube said Zimbabweans, both educated and uneducated, were unhappy with President Robert Mugabe and were waiting for someone to lead them but Movement or Democratic Change leader Morgan Tsvangirai was too weak to do that. Continue Reading →
Zimbabwe Power Company misses power production target The Zimbabwe Power Company (ZPC) missed its production target in the first quarter by 5 percent, sending out a total of 1789.80 gigawatts hour (GWh) of energy against a target of 1902.76GWh. Continue Reading →
Zimbabwe government diamond firm resumes mining The Zimbabwe Consolidated Diamond Company (ZCDC) says it will resume mining after it was issued an Environmental Impact Assessment certificate by the Environmental Management Agency (EMA) late today. Continue Reading →
CABS profit falls Old Mutual Zimbabwe’s mortgage lender Central African Building Society (CABS) reported a 20 percent drop in profit in the six months to June from $20.7 million last year to $16.5 million, weighed down by a surge in operating costs. Continue Reading →
Zimbabwe funeral assurance net income up 56 percent The funeral assurance industry’s after tax profit for the first quarter to March increased 56 percent to $2.5 million compared to $1.63 million in the same quarter last year, largely on the back of a drop in claims and an increase in premiums written. Continue Reading →
CFI minority shareholders snub Stalap offer Stalap Investment’s offer to CFI minority shareholders flopped with no takers as minorities wait for a higher offering on the local bourse. Continue Reading →
