Archive | May, 2006

Al Glass enters building sector

Staff Writer PG Glass Zimbabwe (Pvt) Ltd and Almin Metal Industries (Pvt) Ltd have launched a joint venture company known as Al Glass (Pvt) Ltd to manufacture and distribute aluminium […]

Freda Rebecca bags Cluff mines

Dumisani Ndlela MWANA Africa has quietly bagged Cluff Mining (Zimbabwe) in its portfolio of growing mining assets in Zimbabwe, businessdigest established this wee (more…)

Apex back in the money

Eric Chiriga APEX Corporation of Zimbabwe (Apex), which suffered a $3,9 billion loss last year, has turned around to profitability, posting a $136,8 billion before tax p (more…)

Zim dollar loses ground

Paul Nyakazeya THE Zimbabwe dollar remained defenceless against mounting hyperinflationary pressure, losing significant ground against major currencies on a thriving parallel market that has become the benchmark for (more…)

Renco’s gold output declines

Eric Chiriga RENCO Mine’s gold production declined to 6 012 ounces during the second quarter of the year, 100 ounces down on the comparable period the previous yea (more…)

CZI gears up for reform

Paul Nyakazeya THE Confederation of Zimbabwe Industries (CZI) has embarked on a restructuring exercise aimed at increasing its operational capacity, businessdigest(more…)

Bankers union threatens strike

THE Zimbabwe Banks and Allied Workers Union (Zibawu), which represents about 5 000 workers in the banking sector, this week threatened to go on strike if their demands for higher […]

Zimbabwe on agenda of IMF meeting

Dumisani Ndlela THE International Monetary Fund (IMF) is expected to schedule a board meeting in September to review Zimbabwe’s overdue financial obligations, sour (more…)

ACBF tightens financial system

Staff Writer THE African Capacity Building Foundation (ACBF) is tightening its financial support system and is now operating a special account to be used solely for its projects.

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