Business reengineering hits NMBZ earnings

NMBZ has se­cured more than US$185 million in credit lines and is finalising an additional US$70 million, which is expected to further support its lending portfolio and offset the impact of fee cuts.

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…

Subscribe to read full article. Subscribe today

Related posts

Willdale seeks capacity expansion

Tigere REIT to diversify portfolio

Star Africa targets regional exports

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More