finance

INTERNAL auditors must be vigilant and avoid shortcuts in the face of anticipated fast-paced change in Zimbabwe, First Mutual Holdings (FMH)’s chief executive Douglas Hoto has said. Speaking at the …

FIRST Mutual Properties (FMP) says the value of its real estate portfolio appreciated by $8 million in the half year to June 2018 on the back of improved occupancy and …

Former rap mogul Marion “Suge” Knight has pleaded no contest to voluntary manslaughter for running over and killing a Compton businessman nearly four years ago. The Death Row Records co-founder …

ZIMBABWE’s cumulative trade deficit for January to July this year has reached $1,7 billion, data from the central bank and the Zimbabwe National Statistics Agency (ZimStat) shows. This represents a …

THE acquisition of NicozDiamond Insurance Company (Nicoz) by First Mutual Holdings (FMHL) has paid off after the latter’s profit after tax more than doubled with the former contributing the bulk …

BARCLAYS Bank Zimbabwe (Barclays) has changed its business model from the cautious lending regime to adopt a more aggressive use of its banking asset, Old Mutual Securities (OMSEC) says. In …

THE Insurance and Pensions Commission (IPEC) has proposed the setting up of a safety net as a possible avenue of recourse for those affected by hyperinflation. After the introduction of …

ZIMBABWE’S crypto-asset community says the appointment of Mthuli Ncube as Finance minister could see virtual currency trading being allowed in the country. Cryptocurrency trading is banned in the country. Zimbabwe’s …

MEIKLES Limited (Meikles) says it will not include the debt it is owed by the Reserve Bank of Zimbabwe (RBZ) in its financial results for year ended March 2018 after …

THE elimination of bond notes, which has been called for by many, will not solve Zimbabwe’s fundamental economic problems, economists have argued. The country has suffered chronic economic distress for …