Search results for 'profit decline'
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
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Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth
Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in
1 hour agoZimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025