Brick maker Willdale Limited’s net loss widened to $380 564 in the six months to March from $146 575 loss recorded in the comparable period last year owing to damaged brick furnaces following the incessant rains experienced in the period.
The Zimbabwe Stock Exchange’s main industrials index advanced 6.91 percent to close the week on 190.07 points, pushed by gains in heavyweight counters.
Youth protests against inequality – specifically for free or low-cost education – have led to successful changes in government action, particularly in South Africa.
The Member of Parliament for Norton Temba Mliswa says violence in Zimbabwe is so pervasive that every politician believes that he or she must have an army or a riot squad to deal with opponents.
The trial of Evan Mawarire, who is accused of subverting a constitutionally elected government, has been set for 25 September.
Zimbabwe resources group RioZim is in talks with a potential investor who has capacity to fund its Sengwa thermal power project near Gokwe, an official said yesterday.
Zimbabwe’s annual inflation for the month of May gained 0.27 percentage points to 0.75 percent, the national statistics agency reported today.
Grain deliveries to the Grain Marketing Board for the 2016/17 farming season have doubled to 60 000 tonnes compared to the corresponding period, an official said today.