31 C
Harare
Tuesday, September 21, 2021
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...
Assumes office on 17 March 2020Peter de Beyer served as Non-Executive Director since 2018 Harare - Old Mutual Limited has appointed Peter de Beyer who has served as Non-Executive Independent Director since 2018 as Lead Independent Director effective 17 March 2020. Peter...
Harare - NMBZ Holdings Limited which controls the NMB commercial bank in Zimbabwe released a fair set of earnings for the 12 months period to December. The Group said the financial position was largely driven by the Bank’s continued diversification into the...
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...
Revenue declined by 22% in 2019Profit before tax down by 39%Turnover was 25% down under the crocodile operationProfit in the crocodile operation plunged by 18% Harare - Padenga Holdings Limited registered a 22% contraction in overall revenue for the year ended 31 December 2019.
The company is finalising talks with TCCCIt is also finalising its acquisition of MBCThe move will give Delta total control over the Coca-Cola sparkling drink franchise in all 10 provinces of Zimbabwe   Harare – Zimbabwe’s largest beverage manufacturer, Delta Corporation Limited say...
FBC holdings posts ZW$363 million loss in 2019Inflation adjusting reporting adoptedGroup suffered a net monetary loss of ZWL$408.9 millionTotal income scaled 37% to  ZWL$1.6 billion in 2019 Listed financial services group FBC Holdings reported an inflation-adjusted 2019  profit before...
Gombera led Afdis over an 8 year periodHe oversaw the commissioning of a $5 million plantDuring his tenure Delta increased its shareholding in Afdis Johansburg: Spirits, ciders and wines maker African Distillers, which is also involved in the distribution and marketing of third-party alcoholic...
The company says listing is no longer beneficialEGM to be held in December to vote on the proposalShareholders who want to exit shareholding before delisting offered ZWL1,90 per share. Electrical, hardware, building and home improvement products and services supplier, Powerspeed Electrical limited is...
The Capital’s water system was first designed to serve a population of 350 000 — one-twelfth the capital’s current population.  Harare – Cabinet on Tuesday reported that water production in the City of Harare, currently stands at the rate of 200 megalitres...