CAFCA profit up 73 pct in FY

HARARE, November 16 (The Source) – Cable manufacturer CAFCA reported a 73 percent increase in profit after tax to $726,213 for the year ended September 30, on the back of increased sales volumes.

Zimbabwe inflation spikes to 2.24pct

HARARE, November 15 (The Source) – Zimbabwe’s consumer price inflation grew to 2.24 percent year-on-year in October from 0.78 percent in September, the national statistics agency said on Wednesday. Month-to-month the inflation rose by 1.54 percent in October from 0.38 percent previously, Zimstats said.