The World Bank has lowered Zimbabwe’s growth projection to 2.3 percent for this year, from an initial forecast of 3.8 percent in January, saying the economy remains fragile.
Electrical goods manufacturer and retailer, Powerspeed’s net income for the interim period to March more than doubled to $580 673 from $161 595 recorded in the comparable period last year on increased revenue and cost containment measures.
Art Corporation’s after tax profit for the six months to March 31, 2017 increased 41 percent to $1.3 million compared to $892 000 same period in prior year, largely driven by improved performance across its business units.
The Movement for Democratic Change led by Morgan Tsvangirai today urged Zimbabweans to register to vote in next year’s elections arguing that if they register in numbers they can beat any rigging planned by the Zimbabwe African National Union-Patriotic Front.
Nelson Banya has been appointed editor of the Financial Gazette confirming what The Insider reported three months ago that Associated Newspapers of Zimbabwe, publishers of the Daily News, had bought over the Financial Gazette.
Novelist Franz Kafka wrote in his collection, The Great Wall of China and Other Stories: All knowledge, the totality of all questions and answers, is contained in the dog.