PPC cement volumes up 9 percent in H1

BULAWAYO, May 19 (The Source) – Regional cement producer Pretoria Portland Cement says cement volumes at its Zimbabwean unit went up nine percent in the first half of the year ended 31 March on new marketing strategies implemented during the period. In an interim report… Read More

PSMAS restructures, could demutualise

By Bernard Mpofu, HARARE, May 18 (The Source) – Premier Services Medical Aid Society (PSMAS), Zimbabwe’s largest medical aid society by subscription, is restructuring and could possibly demutualise following a highly publicized corporate scandal which saw its executives pocketing millions of dollars in salaries. Demutualisation… Read More

Inflation eases to -2.65pct – ZIMSTAT

HARARE, May 15 (The Source) – Zimbabwe’s inflation eased to -2.65 percent year-on-year in April after shedding 1.45 percentage points on the March rate of -1.20 percent as deflationary pressures persist, the national statistics agency said on Friday. On a monthly basis, inflation shed 0.86… Read More