16.7 C
Harare
Sunday, April 5, 2020
In the Aftermath of Cyclone Idai, Financial Services Institution, FBC holdings undertook the initiative to bring relief and hope to communities in Eastern Zimbabwe where the effects of the devastating cyclone continue to be felt long after the cyclone is gone.
ZANACO Trading Income mounts 328%PAT grows 9%Loan book grows funded incomeThe group operationalizes 2 subsidiaries Lusaka listed Zambian National Commercial Bank group reported a 328% growth in Trading income compared to the prior year on account of increased volumes of transactions as well as an improved...
Recorded a 78% profit decline in 2019Performance attributed to low economic growth in SA and unbundling of Nedbank Group Harare - Dual listed Old Mutual Limited with a primary Johannesburg Stock Exchange (JSE) and secondary Zimbabwe Stock Exchange listing (ZSE) registered a contracted 2019...
TBs worth ZWL$200 million issuedThe offer opens and closes on Wednesday 12 March 2020TB has a 180-day tenureThere has been an intensely low uptake of TBs in the greater part of last year The Reserve Bank has today floated Treasury Bills worth $200 million...
The development follows the lack of an official exchange rateThe Reuters system will pave way for an official market exchange rate and liberalisation of foreign exchangeThe system will also generate a daily exchange rate. A defining economic development in Zimbabwe took place today as the treasury...
Assumed office on 1 March 2020She left ABCH in January 2020Comes in following Letshego Group’s executive shake up Harare – Former Banc ABC executive has re-emerged at a Botswana listed microfinance bank. Gwen Muteiwa whose previous designation was finance director...
RBZ allocates $25 million to fuel dealersOil tumbled over 31% as Saudi Arabia slashes pricesThe publication of weekly fuel allocations is in line with RBZ’s strategy to increase transparency in terms of allocation of subsidised funds to oil players. Harare - RBZ has highlighted that it has...
RFO to fall by 0% to 5%Headline earnings expected to decline by 24% and 28%PAT is exclusive of the profits from Quilter plc and Nedbank Harare- Old Mutual Limited is expecting its Results from Operations (RFO) to decrease by approximately 0% to 5% for the year...
Group’s HE declined by 7%Nedbank Zimbabwe HE down by 23%Nedbank Zimbabwe registered monetary loss of R296 millionZimbabwe’s weak economic fundamentals also weighed on SADC business performance Harare - Nedbank Group’s financial performance fell flat for the year ended 31 December compared to the previous year owing to...
New visual identity launchedNew technological business enablers to be introducedThe brand refresh programme to be done in phases Harare- CBZ Holdings, has rebranded as the Group consolidates its market leadership and enhances the financial services providers standing as a trusted and progressive player.