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Mthandazo Nyoni

Mthandazo Nyoni

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Technology reduces cost-income ratios

Agrippa Mugwagwa — the managing director of Xarani Private Limited, an FBC Holdings subsidiary — said technology was the future.
By Mthandazo Nyoni Aug. 30, 2022

DPC pays out $139 million

The six failed financial institutions were Royal Bank, Trust Banking Corporation, Afrasia, Interfin Banking Corporation, Allied Bank and Genesis Investment Bank.
By Mthandazo Nyoni Aug. 31, 2022

Digital platforms transfer ZW$8tn

Mutepfa said women's financial inclusion moved from 68% in 2014 to 83% in 2022.
By Mthandazo Nyoni Sep. 2, 2022

‘Policy rate to drive CBZ revenue’

Operating costs were up 302% year-on-year primarily driven by staff costs (up 565%).
By Mthandazo Nyoni Sep. 16, 2022

Zimre cushions shareholders against raging inflation

So far, ZSE-listed companies that have declared dividends have been paying out in Zimbabwe dollars.
By Mthandazo Nyoni Sep. 18, 2022

MMCZ moves to tackle chrome price crisis

“The corporation is currently working towards establishing the necessary infrastructure and modalities of bringing the domestic sales under its ambit.” MMCZ added.
By Mthandazo Nyoni Sep. 20, 2022

Pioneering Zim lithium executive steps down

Greaves was a founding director of the lithium miner — the first to carry out full-scale exploration in Zimbabwe at Arcadia.
By Mthandazo Nyoni Sep. 22, 2022

Hippo earnings seen softening

In an analysis of the firm’s financial statements for the full year ended March 31, 2022, IH said that downside risks still existed from high financial costs.
By Mthandazo Nyoni Sep. 23, 2022

Simbisa accelerates Zim forays …group to spend US$22m in restaurant rollout

The group said its focus was moving from navigating Covid-19-induced challenges to continuing to grow its footprint and creating stakeholder value.
By Mthandazo Nyoni Sep. 23, 2022

Chinese tile maker fights taxes in Zim and Zambia

Zimbabwe has been a flashpoint for harsh taxes and high doing business costs.
By Mthandazo Nyoni Sep. 23, 2022

Small scale miners call for gemstone trade liberalisation

“Government needs to loosen the noose around the neck of the gemstone sector.
By Mthandazo Nyoni Sep. 25, 2022

Australians blast first Zim oil well…20 trillion cubic feet, 845m barrels under spotlight

Invictus said Friday’s developments were “exciting and long-anticipated.”
By Mthandazo Nyoni Sep. 27, 2022

Villagers fight climate change through smart agric

In Mwenezi district, some farmers are harvesting water during the rainy season using plastic tanks connected to the roof of their houses.
By Mthandazo Nyoni Sep. 28, 2022

RioZim faces corporate rescue

He said RioZim was in financial dire straits, and unable to meet its obligations.
By Mthandazo Nyoni Sep. 28, 2022

Directors move to tackle governance crisis

According to the latest Zimdirector Magazine released at the ongoing IoDZ conference, bad governance has reached catastrophic proportions.
By Mthandazo Nyoni Sep. 30, 2022

Bank profits rise to ZW$181bn

This figure was $15,09 billion (about US$25 million) during the comparable period in 2021.
By Mthandazo Nyoni Sep. 30, 2022