FBC Holdings (FBC)’s total income reached ZiG578 million during the first quarter to March 31, 2025 supported by strong revenue from fees and commissions.Fees and commissions revenue stood at ZiG337 million, contributing 58 percent of total income.“This highlights the group’s strategic pivot towards fee-based revenue, to reduce exposure to currency and interest rate volatility,” group…
UNIFREIGHT Africa (Unifreight) strategic investments, mainly its two new business units propelled overall freight volumes, catapulting group revenue for the first quarter ended March 31, 2025 by 30 percent year-on-year.The transport and logistics firm, recently established two new strategic business units (SBUs)- the 4PL logistics brokerage and Cross-Border Transport- which has begun to contribute ‘materially’…
By Simbarashe Hamudi THE Zimbabwe Revenue Authority (ZIMRA) has reminded all taxpayers that the deadline for the submission of Income Tax Returns (ITF 12C) for the tax year ending December 31, 2024, is May 31, 2025. This applies to all individuals and entities that earned or accrued income from trade, investments, or other taxable activities…
AT this year’s Chartered Governance and Accountancy Institute of Zimbabwe (CGI Zimbabwe) Winter School, leaders in the profession have called for a bold shift toward strengthening governance in small and medium enterprises (SMEs), positioning professionals as key drivers of national resilience and inclusive economic growth.Held under the theme “Upskilling Governance and Accountancy Professionals for Enhanced…
In the summer of 2020, Jadon Sancho had his pick of Europe’s top clubs. The England winger had not long turned 20 and, after registering 17 goals and 16 assists…
Inter Milan and manager Simone Inzaghi have parted company “by mutual agreement” three days after their Champions League final thrashing by Paris St-Germain. The 49-year-old, who was appointed by the…
Honda has been on something of a big dipper ride in the last few years, a ride that has seen more dips than ascents to be sure, but having said that, the Japanese company has been far from alone in having to deal with a topsy turvy market in the face of politically driven clean…
ZIMBABWE will introduce a new Incentives package by the end of 2025 to encourage companies to source raw materials locally, boosting domestic industry and cutting import dependence.Industry minister Mangaliso Ndhlovu revealed this recently during the commissioning of Nestlé Zimbabwe’s US$7 million fourth roller dryer cereal plant. He emphasised the need for firms to increase their…
Third one-day international, Kia Oval West Indies 251-9 (40 overs): Rutherford 70, Motie 63; Rashid 3-40 England 246-3 (29.4 overs): Smith 64, Duckett 58 England won by seven wickets; win series 3-0…
Australian Nick Kyrgios says he will miss this year’s Wimbledon after suffering a “small setback” on his latest return from injury. Kyrgios, who was beaten in the 2022 final at the All England Club by Novak Djokovic, has played very little tennis over the past two years because of a troublesome wrist that required surgery.…
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