Retail group OK Zimbabwe says its net income more than doubled to $5.1 million in the six months to September, from $2.3 million in the comparable period last year on increased revenue and inflationary pricing.
The People’s Democratic Party has described First Lady Grace Mugabe as a person with questionable emotional and mental disposition and cannot therefore lead the country.
Former Vice-President Emmerson Mnangagwa says stories about how he left the country are mostly untrue but are also irrelevant because people must now focus on how to stop the creation of a Mugabe dynasty.
Zimbabwe African National Union-Patriotic Front spokesman Simon Khaya Moyo, who is also the Minister of Information, says the ruling party does not have to respond to a statement by former Vice-President Emmerson Mnangagwa that he is coming back in a few weeks to restore order in both ZANU-PF and the government.
Four Zimbabwe African National Union-Patriotic Front youths who were arrested for heckling First Lady Grace Mugabe at the youth interface rally in Bulawayo on Saturday have been released on $50 bail each today and remanded to 24 November.
African Distillers sales volumes and revenue fell below budget in the first quarter to September, but the beverage maker expects improvement in the second quarter, boosted by demand in the festive season.
South Africa today extended the deadline for submission of supporting documents for Zimbabwe Special Permits to end of January next year but said the adjudication process could take up to September.
Delta Corporation on Wednesday reported a 4 percent increase in after tax profit to $32.3 million for the six months to September, from $30.98 million in the comparable period last year on improved finance and income from associates.