The People’s Own Savings Bank (POSB) has reported a net profit of $2.34 million for the first quarter to March 31, driven by higher mobile transactions.
The death of Naison Ndlovu has marked the end of the top leadership of the Zimbabwe African People’s Union that signed the unity accord with President Robert Mugabe in 1987.
Econet Wireless, Zimbabwe’s largest telecommunications company, has reported a 10 percent fall in annual profit to $36.2 million, citing a decline in consumer spending.
Movement for Democratic Change leader Morgan Tsvangirai’s spokesman Luke Tamborinyoka today accused the State-controlled Sunday Mail of trying to tarnish Tsvangirai’s name through false allegations against his children.
Regional tourism company, Wilderness Safaris, plans to make a bid for Air Botswana, the country’s loss-making national airline which the government wants to privatise.
Agroindustrial group Zimplow today said revenue for the first four months to April 30 was two percent above the same period last year, with most of its units recording higher sales.