ZB FINANCIAL Holdings (ZB), says it is working fast to tie up the merger of its banking operations this year as part of its ongoing transformation. The integrated financial services group commenced a restructuring exercise in 2021 to “unlock value”. “As of December 31, 2022, all group companies, with the exception of ZB Building Society,…
IH SECURITIES says volumes sold in National Foods Holdings (NatFoods) maize and stock feeds divisions are likely to be weak in the last quarter of the fiscal year 2023, due to the projected over-supply of the harvest on the domestic market. This comes as Zimbabwe is expecting a bumper harvest for the 2022-23 crop, which…
NMB Bank (NMB) says it plans to establish a local remittance service to boost its non-funded income. In a recent interview with The Financial Gazette, the group’s chief finance officer, Margret Chipunza, said NMB hoped to attain a better mix of US dollars and local dollars in its non-funded income. “In terms of non-funded income,…
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