Business Briefs 27-09-07

Dip in inflation
ZIMBABWE'S inflation rate slowed to 6,592,8% year-on-year in August, from a
record 7,634,8% in July, the Central Statistical Office said last week.
CSO director Moffat...

Money Market

THE money market that had been brought about by Monday’s statutory reserve adjustments as well as...

Zimre records Z$2.6 trillion before tax of 32 000 percent (21-09-07)

HARARE:
ZIMRE Holdings' Profit before tax rose 32 000% to $2,6 trillion and earnings attributable to policy-holders...

Edgars debt soars


HARARE - Edgars is currently seriously in debt, mortgaging 42,4% of its balance sheet by short-term...

OK plans ratified


HARARE - OK Zimbabwe shareholders have ratified the long-awaited share consolidation and buyback resolutions at the...

Finance Bill passed


THE Finance and Appropriation Bills 2007 passed through Senate without amendment and is now awaiting President...

SA laws govern aid


CAPE TOWN - Any economic bailout for Zimbabwe from South Africa would have to conform to...

Final tobacco figures


HARARE - A total of 70,1million kg of tobacco, valued at US$164,3 m ($118,5 bn), were...

Government debt soars

$6,1 trillion interest payment cripples economy
BY CAJ NEWS
GOVERNMENT'S domestic debt has soared to $8,1 trillion, increasing...

An ‘out of control’ economy – MDC


Quote:
'The amount allocated to securocrats at the helm of this Vampire State is 43 percent of...

More tobacco sold


THE tobacco-selling season came to a close last week on Friday with about 70,2 m kilograms...

Business Briefs

Zim is rock-bottom
HARARE - A leading international research group, the Fraser Institute, has ranked Zimbabwe the...

Miners challenge Government to restore land to its productive state (31-08-07)

MINERS have called on the Government to put in place a law to ensure that land...

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