Finance
Zimbabwe
FBC Holdings Shatters Records with Over 1 Trillion in Total Income, Circa 500 Billion in Profit
FBC Holdings, a prominent blue-chip company listed on the Zimbabwe Stock Exchange (ZSE), has reported a total income of ZWL1.3 trillion, representing a substantial 138% increase from ZWL533 billion in
Apr 03, 2024Breaking Point MetBank's Troubles Deepen as Interest Income and Non-Interest Revenue Drop
MetBank incurred a net interest expense of ZWL 3.8 billion The bank recorded an operating loss of ZWL 51 billion MetBank's profitability was primarily driven by a fair value gain on investment prop
Oct 07, 2023Alfred Chaavure's Remarkable Journey: From Bank Financial Accountant to Deposit Protection Corporation Director
With over 20 years of experience in Strategic Management, Banking, Finance, and Accounting, Alfred Chaavure brings a wealth of expertise and knowledge to his new role. He holds a Bachelor of Business
Sep 20, 2023Insuring Zimbabwe's Future : Short-Term Coverage Vital for Business Stability and Investment Growth
Zimbabwe has a low insurance penetration rate of 2.6% Potential impact of El Niño and the need to strengethen the insurance sector in the country The GPW surged by 263%, rising from ZW$7.49 billion to
Sep 11, 2023Sugar Rush: Hippo Valley Estates Rides Wave of Rising Revenues Despite Turbulent Economic Tides
Harare - Hippo Valley Estates Limited, a sugarcane grower and sugar producer, recently unveiled its trading update for the first fiscal quarter ended June 30, 2023. The company's financials reveal
Aug 17, 2023Should the Bank of Namibia Adopt a Dual Mandate? The Case for Prioritizing Inclusive Growth
Should the Bank of Namibia Adopt a Dual Mandate? The Case for Prioritizing Inclusive Growth Central banks have traditionally prioritized price stability and controlling inflation. However, in recent
Jul 24, 2023