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…
Business reengineering hits NMBZ earnings
The strategic acquisition cements NMBZ’s regional expansion strategy with a footprint in about seven African markets.