Zimbabwe’s largest retail operator, OK Zimbabwe reported an 800 percent increase in net income to $6.1 million in the year to March from $700 000 last year on improved revenue.
Bulawayo-based textile company, National Blankets, is now beyond resuscitation stage and the judicial manager is now in the process of liquidating the firm.
Former police officer and Buhera West Member of Parliament said Zimbabwe should not try to open old wounds by talking about bygones like Gukurahundi because there was a third force that was trying o cause conflict among the people.
Deposit taking microﬁnance institution, Getbucks Zimbabwe plans to issue a $15 million debt security, the second under its $30 million bond listed on the Zimbabwe Stock Exchange, in June, as the company seeks more capital to bolster its lending business.
This will be the topic at a one-and-half-hour seminar in Pretoria this afternoon where the speaker will be Derek Matyszak, a senior research consultant, Peace and Security Research Programme, at the Institute Security Studies.
Zimbabwe’s visa regime is among Africa’s most restrictive, after it was rated number 21 on the Visa Openness Index out of 54 countries on the continent.