HARARE,November 13 (The Source)- Caledonia Mining Corporation said its after tax profit increased almost three times to $3,1 million in the third quarter to September compared to $1,1 million in the same period last year on increased gold production.
HARARE, November 13 (The Source) – Zimbabwe’s largest retailer, OK Zimbabwe last week said its internal tracking of inflation showed that inflation stood at 7,69 percent in September, much higher than the 0,78 percent given out by the Zimbabwe Statistics Agency (Zimstats), laying bare the… Read More
HARARE, November 13 (The Source) – Zimbabwe has relaxed restrictions on fertilizer and agro-chemical imports as local manufacturers struggle to meet demand.
HARARE, November 13 (The Source) A new international report has confirmed what Zimbabweans already knew; the Zimbabwe Republic Police (ZRP) is one of the world’s worst police forces. According to the World Internal Security and Police Index (WISPI), a new report released by the International… Read More
HARARE, November 10 (The Source) – Australian-listed junior miner Prospect Resources has secured a seven year offtake arrangement with Hong Kong based Sinomine Resources Exploration.
HARARE, November 9 (The Source) – Retail group OK Zimbabwe on Thursday said its net income more than doubled to $5,1 million in the six months to September, from $2,3 million in the comparable period last year on increased revenue and inflationary pricing.
HARARE, November 9 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,59 percent to 533,2 points on Thursday while the mining index advanced 1,89 percent to 137,94 points powered by RioZim.
HARARE, November 9 (The Source) – Zimbabwe’s budget deficit will grow to $1,82 billion this year, from the initial projection of $400 million on runaway government expenditure, finance minister Ignatius Chombo said on Thursday.
HARARE, November 9 – Zimbabwe will upgrade its main airport at a cost of $153 million in an effort to attract more visitors, state media reported on Thursday, as authorities renamed the airport in honour of 93-year-old President Robert Mugabe.
HARARE, November 9 (The Source) – African Distillers sales volumes and revenue fell below budget in the first quarter to September, but the beverage maker expects improvement in the second quarter, boosted by demand in the festive season.
HARARE, November 8 (The Source) – Delta Corporation on Wednesday reported a 4 percent increase in after tax profit to $32,3 million for the six months to September, from $30,98 million in the comparable period last year on improved finance and income from associates.
HARARE, November 8 (The Source) – With the country in the midst of a political drama that saw Emmerson Mnangagwa axed as vice president on Monday and adding to the political uncertainty, the stock market stretched gains to a new high on Wednesday.
HARARE, November 8 (The Source) – Zimbabwe risks being removed from the S&P Dow Jones Indices (“S&P DJI”) as the country faces up to foreign currency shortages and inflation concerns that are driving its stock market bull run despite surviving the cull for now.
HARARE, November 8 (The Source) – National Foods says profitability for the first quarter to September is largely in line with expectations,but volumes fell 10 percent below the same period last year.
HARARE, November 8 (The Source) – The morning after President Robert Mugabe sacked his deputy, pensioners are still outside a branch of NBS on Samora Machel Avenue. While we all gorged on a stream of news in a day of high political drama, engaged in… Read More