The banking sector after-tax profit dipped 17% last year to $78,69 million amid rising impairments, a reflection of the deteriorating economic activity, an analysis by a leading brokerage firm has shown.
One of the country’s biggest retailers, OK Zimbabwe Limited, will have a bigger and better Grand Challenge this year, marketing manager Tendai Makomva has said.
Bindura Nickel Corporation’s (BNC) Trojan Nickel Mine recorded a 49% increase in nickel sales to 2 072 tonnes in the fourth quarter for the financial year ended March 2015 compared to the previous quarter buoyed by a $7 million investment in new equipment.
TURNING an idea into a viable business requires money. But in this environment where liquidity is tight, how can you raise money to fund your small business so that it grows.
THE country’s active mobile subscriber base grew by 3,5% while revenue generated by mobile network operators declined by 17,9% in 2014.
Meikles Limited should get $56,6 million from the debt owed by the Reserve Bank of Zimbabwe (RBZ) instead of $90,8 million.
THE year-on-year inflation rate for the month of March gained 0,19 percentage points on February figures to -1,20%.
AFTER ZB Financial Holdings (ZBFH) emerged second runner-up in the corporate social investment (CSI) and sponsorship category at the inaugural Monthly Financial Sector Bulletin (MFSB) Innovation Awards, Shadowsight Kumbirai Chiganze (SKC), ZBFH’s head of group corporate services spoke to NewsDay’s financial columnist Omen N Muza (ONM) about the diversified financial services group’s philosophy as well […]
ZIMBABWE’S largest gold mining group, Metallon Gold, is consolidating its claims at Redwing Mine in Manicaland into a mining lease.
THE Zimbabwe Stock Exchange (ZSE) industrial and mining indices dipped during the first quarter of this year on the back of losses recorded on some counters that were listed on the local bourse.