Clothing retail chain Edgars stores reported a fivefold increase in after tax profit to $567 499 in the six months to July, from $109 119 last year driven by an increase in revenue and savings on finance costs.
Movement for Democratic Change leader Morgan Tsvangirai is still in hospital in South Africa but it now reported to be out of danger.
The case of Zimbabwe First Lady Grace Mugabe, in which she is accused of assaulting a 20-year-old South African model, will be heard at the High Court in Pretoria today in what the model’s lawyer said are “preliminary interlocutory proceedings”.
RioZim Limited after tax profit for the half year ended 30 June 2017 increased to $2.9 million compared to a loss position of $403 000 in the same period last year largely driven by improved revenues.
Emmerson Mnangagwa may have been Minister of the mediocre Rural Housing in 2008, but former army commander Solomon Mujuru and his wife Vice President Joice Mujuru still considered him a threat.
Australian-listed junior miner Prospect Resources says it is negotiating with potential investors to raise $55 million to construct a concentrate plant for its Arcadia lithium project in Harare.