ECOBANK Zimbabwe recorded a $18,4 million profit after tax in the six months to June 30, 2018, a 64 percent increase from the $11,4 million realised during the same period …
finance
-
-
FOREIGN investors were net sellers of $4,4 million shares on the Zimbabwe Stock Exchange (ZSE) in August, according to figures released by the local bourse this week. Foreign purchases accounted …
-
THE Zimbabwe Stock Exchange (ZSE) says it is weighing the local market’s readiness for the listing of trade derivatives. A derivative is a financial security with a value that …
-
NETONE says digital payments play a critical role in creating opportunities for people to improve their lives and participate in their economies. As such, the government-owned mobile telecommunications company said …
-
ZIMBABWE has set up 13 Special Economic Zones (SEZs) across the country in a move aimed at stimulating production and create jobs. SEZs are areas in which business and trade …
-
ZIMBABWEAN banks are slowly increasing capital allocation towards investment securities after controlled lending rates put pressure on the sector’s profits in the half year to June 2018, The Financial Gazette …
-
CBZ Holdings (CBZ) says it is targeting to grow its asset base to $3 billion this year as the financial institution seeks to maintain its dominance on the local market. …
-
THE Infrastructural Development Bank of Zimbabwe (IDBZ) expects to return back to profitability by year end after its half year performance surpassed expectations. The government-owned financial institution incurred a loss …
-
NATIONAL Assembly Speaker Jacob Mudenda has submitted the recently-passed Mines and Minerals Amendment Bill to President Emmerson Mnangagwa for assent, last Friday’s Government Gazette said. The Bill, seeking to repeal …
-
THE Infrastructural Development Bank of Zimbabwe (IDBZ) yesterday said government has injected an additional $150 million fresh capital into the financial institution.Advertisements Industry experts said the recapitalisation of state banks …
