Mandiwanza exits the operation this month after helping it expand from a milk-only outfit to a broader beverages giant previously under state control.
This figure was ZW$1,4 billion (about US$2 million) during the comparable period in 2021.
The BAZ president said at the onset of the grinding liquidity crisis in 2016, banks had under their stewardship a combined 1,5 million accounts.
The BAZ president said at the onset of the grinding liquidity crisis in 2016, banks had under their stewardship a combined 1,5 million accounts.
This precipitated a backlash from the IPP, which raised contractual violation claims.
The annual inflation rate was estimated at 268% last month.
Ncube said adopting the standard early would also bring opportunities for capacity building to accountants and auditors in Zimbabwe from ISSB.
Industries have slammed policymakers for effectively closing taps to vital funding, which companies want as the economy tanks.
Policymakers have maintained that Zimbabwean banks remain stable despite sustained shocks.
IN the past few weeks, we have deployed most of our efforts on covering the implications of rolling blackouts on Zimbabwe’s economy.
Opinion
By Shame Makoshori Dec. 23, 2022
Sugar output fell by 1% to 207 430 tonnes during the period, compared to 209 239 tonnes during the comparable period in 2021.
There were blow backs to the move, which forced authorities to lift the suspension within eight days.