16.7 C
Harare
Sunday, April 5, 2020
Airtel Profit plummets 75% in 2019Economic instability affects Airtel’s performanceAirtel’s customer base- 5.836 million as at 31 December 2019 Lusaka listed Mobile Network Operator Airtel Zambia reports a 75.73% decline in Profit After Tax to ZMW 15.74 million (USD...
SADC’s economic growth slower than other blocsPower cuts affecting SA economySlow SA economic growth to grow marginally Harare- SADC’s regional economy is expected to continue on a slow growth trajectory as South Africa’s economic challenges continue. The bloc’s growth has been slow...
RBZ sets new minimum capital requirements for financial institutionsRBZ allowed banks to have reserves in TB’sFinancial institutions to supplement reservesFinancial institutions under pressure after Supreme court 1:1 ruling on debt The Reserve Bank of Zimbabwe on Wednesday afternoon issued a statement which among other things indicates new Minimum Capital...
FPL for one person in November 2019 was $327.00.TCPL for one person stood at $731.00.TCPL for an average of five persons per household stood at $3, 656.00. Harare- The economic conditions continue to deteriorate and as a result, standards of living continue to decline with over...
Harare- The two months old Monetary Policy Committee (MPC) which was created with a mandate to help buttress monetary policy while retaining independence from the Reserve Bank, has damningly warned that monetary stability is in danger following a presentation of the 2020 National budget. On its...