Business reengineering hits NMBZ earnings

NMBZ said the business reengineering initiatives also included restructuring and staff rationalisation.

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.Advertisements 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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