NMBZ confident of future property yields

The strategic acquisition cements NMBZ’s regional expansion strategy with a footprint in about seven African markets.

NMBZ Holdings (NMBZ) says its property unit (NMBZ Properties) is making headway with several projects poised for future profitability, despite currently contributing modestly to group total income.The group diversified its operations into the property market by establishing a fully-fledged property division, which is part of the banking unit.In an interview with The Financial Gazette, NMBZ…

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