Coal miner Makomo Resources says production at its Hwange mine is recovering after a slow start to the year, with May output at 140 000 tonnes, from 130 000 tonnes in April.
Hippo Valley Estates, the local unit of South African sugar processor Tongaat Hulett, today reported a net income of $7.7 million for the full-year to March 31 from a loss of $6.5 million previously, driven by increased revenue and lower cost of capital.
Clothing retail chain Edgars Stores’ profit-after-tax nearly trebled to $1 million in the year-to-date, from $35 000 last year and 200 percent above budget due to lower costs.
Zimbabwe police have confirmed that a Harare couple was robbed of $80 000 cash on Saturday in Madokero suburb.
Defence Minister Sydney Sekeramayi was considered presidential material way back in 1998 by the United States embassy in Harare, according to a cable dispatched by its ambassador to Zimbabwe James Rawlings.
Zimbabwe is set to export wildlife to the Democratic Republic of Congo and Gambia, the Environment Minister, Oppah Muchinguri-Kashiri has said.