Browsing Category

Business

Afdis volumes decline 35pc

ZIMBABWE Stock Exchange-listed wine and spirit maker African Distillers (Afdis) says business outlook for the company remains bleak as hyperinflation, poor agricultural season and the continued foreign currency shortages impact negatively…

Axia profit up 64 percent

AXIA Corporation Limited (Axia) says profit surged 64 percent to $74,76 million in the six months ended December 31, 2019 from $45,42 million in prior period, despite inflationary pressures on costs.

Govt evaluates Kazungula costs

TRANSPORT minister Joel Matiza, pictured, says government is currently evaluating the cost of Zimbabwe’s integration into the Kazungula one-stop border-post and bridge after it completed all of the pre-construction works.