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 …
finance
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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 …
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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 …
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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. …
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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 …
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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 …
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THE Infrastructural Development Bank of Zimbabwe (IDBZ) yesterday said government has injected an additional $150 million fresh capital into the financial institution. Industry experts said the recapitalisation of state banks …
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THE Agriculture Development Bank of Zimbabwe (Agribank) says it is close to securing a strategic partner to help it reach the minimum capital requirements of $100 million by 2020. A …
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NMBZ Holdings’ (NMBZ) strategy to broaden its target market to the masses is paying off after the financial institution recorded a $9 million after-tax profit in the half year to …
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ZIMBABWE’s cooking oil raw material imports spiked to a 17-month high of $16 million in July, latest trade data shows. Crude soya bean oil, a critical ingredient in making cooking …
