Harare, (New Ziana) – Zimbabwe’s annual inflation eased 32.16 percentage points in May to close the month at 161.91 percent, the Zimbabwe National Statistics Agency (ZimStat) said on Wednesday. Inflation was 194.07 percent in April. Month-on-month inflation was 2.54 percent, up from 1.58 percent the previous month. The slide in annual inflation, however, comes against […]
Harare, (New Ziana) – Integrated media house, Zimbabwe Newspapers 1980 Limited (Zimpapers) said on Monday it recorded a 50 percent inflation adjusted increase in revenue to $427 million in the first quarter of the year compared to same period in 2020, weathering the Covid-19 lockdown storm. In the first three months of last year, the […]
Harare, (New Ziana) – Pro-Plastics recorded a 93 percent surge in sales in the first quarter of 2021 compared to the same period last year due to huge demand for its products despite the hard Covid-19 lockdown during the period. The Zimbabwe Stock Exchange listed firm is a manufacturer of plastic pipes and fittings used […]
Harare, (New Ziana) – Diversified miner, RioZim suffered a 10 percent drop in gold production in the first quarter of 2021 due to a combination of foreign currency access challenges and the Covid-19 pandemic. “The combined effect of these negative forces contributed to the 10 percent decline in gold production compared to the prior year’s […]