18.9 C
Harare
Friday, January 15, 2021
 Total revenue was ZWL1,63 billion Volumes slightly improved by 9 tonnes Earnings per share improved by 69% Harare – Electrical and telecommunication cable manufacturing firm CAFCA has recorded a24% improvement in revenue and a slight 9 tonne improvement in volumes for the...
Africa’s Internet economy has the great potential to reach $180 billion by 2025 according to the e-Conomy Africa 2020 report by Google and the International Finance Corporation (IFC). Currently, the digital economy contributes nearly $115 billion to the continent. The sector is expected to grow to...
Foreign liabilities amounted to US42.8mThe Group recorded inflation-adjusted revenue of ZWL4.6bnGross profit margin increased by 68% Harare – Zimbabwe Stock Exchange (ZSE)-listed tech heavyweight, Cassava Smartech Limited incurred foreign exchange losses amounting to ZWL2.0 billion during the year ended 29 February 2020 as...
Zimbabwe’s smart phone penetration is at low 52%Increased access to data services is necessary to support online education, health and business digitalisation initiativesEconet service approximately 60% of all the mobile customers in Zimbabwe Harare – Zimbabwe’s leading Telecommunications Group, Econet Wireless Zimbabwe Limited...
Revenue increased by 443% in nominal termsRecorded exponential revenue growth in the Insurtech and the Vaya Technologies businesses unitsEcocash contributed 62% of the total revenue, down from 72% Harare – Diversified smartech group, Cassava Smartech  Zimbabwe Limited saw its half year ended 31...
Noku assists clients with banking and insurance services on WhatsApp 24/7Noku provides a customer focused experienceNoku allows one to open an FBC Instant Account or Mobile Moola wallet on WhatsApp without visiting a physical branch. Harare - COVID-19 has mandated most businesses to...
Covid-19 spread has ensured that cash as a concept is now passé while touch-free payments take center stageTapping your card at a point of sale terminal that is enabled with contactless technology allows users to extract value from this evolving techStanbic recently stepped up functionality of FCAs...
The Bank seeks to minimize the spread of the COVID-19 and improve Customer serviceProductivity is one of the evident benefits resulting from paperless bankingKeeping paper out of the equation speeds up response times Harare – Financial institutions are always looking for new ways...
NMBConnect Online successfully launchedNMBDirect to be phased out with effect from 30 September 2020 Harare- As more and more companies move to embrace digitization to improve customer services and ease of doing business, NMB Bank Limited has announced the phasing out of its...
PAT grew to $361 million in inflation-adjusted termsIncreased digital acceptance grew customer basePDFS unit registered 202% growth in transactional income Harare -BancABC (Zimbabwe) Limited’s investments in technological infrastructure has yielded positive results for the Bank as it contributed to its strong performance in...