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NetOne acquires $160m equipment

HARARE – State-owned mobile telecommunications operator NetOne says it has received equipment valued at over $160 million from China as the company…

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Zim trade deficit declines

HARARE – Zimbabwe’s trade deficit declined by 19 percent to $380 million in the first two months of 2016 compared with a…

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Cabs assets surpass $1bn

HARARE – Old Mutual’s mortgage lending unit Central African Building Society (Cabs) total asset base increased by 22 percent to $1 billion…

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Edgars profits down

HARARE – Zimbabwe Stock Exchange-listed clothing retailer Edgars Stores (Edgars) says its profits declined to $4 million in the 52 weeks to…

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FBCH records $18,1m profit

HARARE – Financial services group FBC Holdings (FBCH) profit for the year to December 31, 2015 surged 269 percent to $18,1 million…

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