Zimbabwe’s year on year inflation rate for the month of April gained 0.27 percentage points to 0.48 percent, the statistics agency reported today. Month on month the inflation rate was up 0.02 percentage points on the March 2017 rate of 0.03 percent to 0.05 percent, Zimstat said.
CFI Holdings has narrowed its after-tax loss to $272 784 in the six months to March 31, from a $6.1 million loss incurred in the prior half year-end, supported by the improved performance of its Farm and City unit.
Fish farmers in Masvingo say the industry is under threat from high regulatory fees which are demanded by different government departments.
Brickmaker Willdale Limited is seeking shareholder approval to dispose of 190.1 hectares of its land that is currently not suitable for mining clay used in brick manufacturing, for $4.75 million which will be used to settle part of the company’s debt obligations.
President Robert Mugabe’s nephew Patrick Zhuwao has described Zimbabwe African National Union-Patriotic Front members who demonstrated against national political commissar Saviour Kasukuwere as idiots.