29.9 C
Harare
Tuesday, October 20, 2020
The deal with Access Bank is on course and has already received regulatory approval“Access Bank Mozambique will become the 7th largest bank in the country from 20th”Equity Bank was the first to attempt acquisition of BancABC operations Atlas Mara – listed on the...
Total assets stood at ZWL$49.81 billion in nominal termsFixed properties and equities dominated asset baseOld Mutual market share was 41.92% Harare- Total assets in the Life Assurance business for the half year ended 30 June 2020 grew by 134.62% in nominal terms, while...
Financial results will be published on or before 30th October 2020Padenga are expected to improve revenues by 159.9% driven by the consolidation of Dallaglio Harare – ZSE-listed crocodile meat and skin producer, Padenga Holdings limited has announced a delay in the publication of...
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...
Axia acquired an additional 24.5% taking cumulative holdings to 50.51%Move aimed at increasing shareholder value Harare – Zimbabwe Stock Exchange (ZSE) listed retail and distribution company, Axia, has acquired a further 24.5% stake in its subsidiary motor parts and car service business Transerv,...
The group implemented a digitalisation strategy in 2018.App and Online payment platforms ensured business continuitySocial media maintained communication with customers Harare – Zimbabwe Stock Exchange Listed Insurance company, Fidelity Life Assurance of Zimbabwe says their digitalisation strategy implemented two years ago has successfully...
Revenue increased by 15.98%Customer base grew by 7% Harare – Airtel Networks Zambia saw an increased revenue for the six months period to 30 June 2020 compared to the same period last year. In a half year results publication,...
Gross Written Premium grew by 20%Net earned premium increased by 37%Recorded a growth in profit from a loss recorded in the prior comparable period Zambia domiciled Prima Reinsurance company posted a positive performance for the half year period ended 30 June 2020 compared...
Registered a profit after tax of ZMW46.9 million from a loss of ZMW10.8 millionoperating profit before investment property revaluation registered increases of close to 8%The group gained ZMW114.8 million in fair value of investment property portfolio Harare - Real Estates Investments Zambia (REIZ)...
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...