Business reengineering hits NMBZ earnings

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

NMBZ’s business reengineering exercise significantly eroded profit margins during the third quarter ended September 30, 2025, after once-off expenses propelled operating costs by 70 percent year-on-year to ZiG1,1 billion. The group redesigned its business processes from the ground up to achieve improvements in operational performance. In its latest trading update, the diversified financial services provider…

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