Milling company, CFI Holdings, which also operates a chain of retail stores and is probably the country’s biggest poultry producer could be heading for an exceptional year.
Portland Holdings, the Zimbabwean subsidiary of Pretoria Portland Cement (PPC) had an operating loss of R9.6 million ( about $1 billion at the official exchange rate) during the six moths to March, down from an operating profit of R1.5 million during the same period last year.
Milk supplies to Dairibord Zimbabwe were down by 27 percent during the first half of this year but net profit shot up by 612 percent from $445 million to $3.2 billion.
Zimbabwe could end up with a poor harvest in the coming season even if it has good rains because farmers will not be able to access the necessary seed and inputs.
The arrest of up-and-coming ZANU-PF stalwart, Saviour Kasukuwere for allegedly selling fuel at exorbitant prices made world headlines but several people have been asking why he was singled out.