STANBIC Bank has reported a 572 percent rise in its inflation-adjusted half-year profit, underpinned by the surge in foreign currency-denominated transaction volumes. Together with the improved tobacco selling season, the …
finance
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BUSINESS is behind the government’s quest to encourage the wider use of the Zimbabwe dollar in the country, and wants authorities to put in place all the necessary measures which …
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NATIONAL Building Society (NBS) says unprecedented steps taken to respond to challenges in the operating environment had a positive impact on profitability and growth. In a statement accompanying the building …
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TRADE development and promotion body ZimTrade has expressed confidence that the horticulture sector can get back to the 1999 export record level of US$143 million driven by the emergence of …
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CBZ Bank says it is investing a total of US$60 million into agriculture this year. The bank’s managing director Lawrence Nyazema said with CBZ as one of the country’s largest …
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EMPOWER Bank says it will increase its foreign currency income generation going forward, despite recording the first six months of 2023 as the most difficult operating period in its five-year …
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THE Zimbabwe Investment and Development Agency (Zida) says it witnessed an improvement in investment this year, as compared to last year, despite 2023 being an election year. In an interview …
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Bindura Nickel Corporation (BNC) says it will be embarking on a solar power plant project as it seeks to transition to clean energy sources to reduce its carbon footprint. The …
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KUVIMBA Mining House (Kuvimba, a state-owned company, says it is not acquiring a new asset this year, but is considering listing some of its existing units on the Victoria Falls …
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STARAFRICA Corporation (Starafrica) says it is looking forward to the government reinstating duty on imported sugar, a development that will positively impact the local sugar industry. The listed sugar …
