Sales for Amalgamated Regional Trading (ART) shot up from $12.4 billion in 2002 to $82.1 billion last year.
The Cotton Company of Zimbabwe (Cottco), the country’s largest producer and buyer of cotton seed saw its sales soar from $10.7 billion to $73.8 billion in the six months to September.
Seed Co, one of the biggest seed producers in the region, says there is insatiable demand for seed in the region.
Though lamenting poor trading conditions Powerspeed Electrical still managed a $2.5 billion net profit for the year ending September, nearly a tenfold increase from the $269.3 million it made in 2002.
The Daily News saga, which has been dragging on for five months, clearly demonstrates how true the old saying: When two elephants fight it is the grass that suffers, is.