IDBZ eyes return to profitability by year-end

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THE Infrastructural Development Bank of Zimbabwe (IDBZ) expects to return back to profitability by year end after its half year performance surpassed expectations. The government-owned financial institution incurred a loss of $1,2 million for the half year, coming off a profit of $196 572 recorded in the comparable period last year. Thomas Sakala, IDBZ’s chief…