Zimbabwe Insider - Part 1697

  • Budget silent on a number of critical issues

    The 2004 Budget focused mainly on implementing stabilisation policies designed to bring down inflation but was silent on monetary policy, leaving that to the new...

  • Barbican drops out of the worst performers

    Barbican Holdings, which anchored the worst performers on the Zimbabwe Stock Exchange for the first nine months of this year, has dropped out of the...

  • Celsys’s profit soars by 2340%

    It can only happen in Zimbabwe, the land of both misery and opportunities. While most people are suffering, some are laughing all the way to...

  • Econet says present tariffs are unsustainable

    While Zimbabweans are complaining about the high tariffs being charged by cellular telephone networks, and most have resorted to using their phones for receiving calls...

  • Turnall earnings boosted by revised exchange rate

    Turnall Holdings, one of the country’s biggest manufacturers of asbestos cement products, received a tremendous boost from the revised exchange rate announced in February. It...

  • Exports boost revenue for General Beltings

    General Beltings, which was demerged from TH Holdings last year, had a successful first half with exports accounting for more than half the company’s revenue....

  • Steelnet profit up 869%

    Steelnet had a good first half recording a net profit of $3.9 billion, and increase of 869 percent over the same period last year. The...

  • Consumptive spending boosts Afdis sales

    Hyperinflation, which has led to consumptive spending, proved a major boost for African Distillers which saw its sales almost quadruple from $4.3 billion last year...