EARNINGS from the Rio Tinto Group's 78 percent owned Murowa mine in Zimbabwe totaled US$3 million compared with "break even" in the first half of 2007, attributable to higher volumes, according to figures from the first half of 2008, ending June 30, 2008.
PGI GROUP Plc said although its first-half pretax profit before adjustments for biological assets and Zimbabwe hyperinflation, rose 14 percent to 2.12 million pounds, operating conditions in Zimbabwe have deteriorated further, as the wider economy collapses.
SOUTH AFRICAN construction and engineering firm Group Five is ready to start operating in Zimbabwe if the political situation is resolved, the firm's chief executive officer said on Monday.
THE Minister of Transport and Communications, Chris Mushowe has appointed three new board of management Chairpersons for three key parastatals in a bid to ensure viability and enhanced reputation.