ZIMBABWEAN banks have survived an onslaught brought by International Financial Reporting Standards (IFRS) 9, the new standard of accounting for classification and measurement of financial instruments which came into effect …
finance
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TOTAL merchandise trade increased by 25 percent from $799,6 million in May 2018 to $999,2 million in June due to month-on-month increases in the stock of both exports and imports, …
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THE insurance industry can play a fundamental role in supporting economic sustainability by protecting governments and consumers from losses, the Zimbabwe Association of Funeral Assurers (ZAFA) has said. Solomon Chikanda, …
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ZECO Holdings (ZECO) — which has been incurring losses since dollarisation in 2009 — says it expects its balance sheet to improve in the short term after changing its asset …
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DAVID Whitehead Textiles (DWT)’s creditors will meet on September 27 to discuss the manufacturer’s revival strategy. The company resumed operations at its Chegutu factory in January this year after receiving …
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BARCLAYS Bank Zimbabwe (Barclays) has missed out on low hanging fruits after it registered a decline in non-interest income in the first half of this year. Non-interest income, which is …
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DELTA Corporation (Delta), Zimbabwe’s largest beverages manufacture, yesterday said it had invested $260 000 towards the upgrade of a road junction near its Fairbridge Chibuku Super plant. This comes as …
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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 …
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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 …
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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 …
