Search results for 'Profit'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Companies
El Niño, Power Failures Weigh on NamPak: Only Plastics Unit Bucks the Trend in 2024
NamPak Zimbabwe Limited experienced a challenging fiscal year in 2024, with only one of its operating units recording sales growth amidst a difficult economic and operational environment. The company
Jan 30, 2025
Top Stories
Weekly Currency Market Analysis: Monetary Discipline Anchors ZiG Stability Post-2024 Devaluation
he Zimbabwe Gold (ZiG), backed by reserves estimated at USD 900 million by the Reserve Bank of Zimbabwe (RBZ), has maintained a stable exchange rate, marking over a year of resilience since the Septem
54 minutes agoPresident Mnangagwa Introduces $150 'Presidential Bonus Scheme' for Civil Servants, Further Benefits Planned
he Government of Zimbabwe has introduced a series of measures aimed at improving the welfare of its civil servants, a group that has long grappled with economic hardship. Among these is a presidential
Oct 17, 2025Zimbabwe’s Health Turning Point: Inside the Economics and Humanity of the 2026 National Health Insurance Rollout
In a country where a visit to the doctor can still mean a choice between healing and hunger, Zimbabwe’s plan to launch its National Health Insurance (NHI) in June 2026 represents more than a policy mi
Oct 17, 2025IPEC HY'25 Pension Sector Performance: Assets Grow to $3 Bn, Arrears Rise to $100 Mn Amid Declining Income
The pensions sector in Zimbabwe, as reported by the Insurance and Pensions Commission (IPEC) for the half-year ended 30 June 2025, showed strength with a significant 6% increase in total assets, reach
Oct 16, 2025