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CBZ deposits up 36pc

HARARE – Zimbabwe’s largest financial institution by assets CBZ Bank (CBZ) says its year-on-year deposits went up 36 percent to $1, 4…

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Bank transactions decline

HARARE – Zimbabwe’s financial transactions have declined significantly as the country slides into full deflation on the back of depressed aggregate demand,…

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Zimplow plans to dispose more assets

HARARE – Listed agro-implements manufacturer Zimplow Holdings Limited (Zimplow) plans to dispose its remaining non-core assets to raise funds to reduce borrowings….

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‘MDC chaos spooks investors’

HARARE – Veteran banker Nigel Chanakira says the leadership confusion in opposition party Movement for Democratic Change (MDC) will dampen investor confidence….

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Zimplats posts $36m profit

HARARE – Impala Platinum Holdings (Implats)’ Zimbabwean subsidiary Zimplats reported a $36,1 million profit in the quarter to March 2014, up 76…

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$23m unclaimed listed shares

HARARE – The Securities and Exchange Commission of Zimbabwe (SecZim) says there are unclaimed shares in listed companies worth $22,8 million. This…

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Cambria revenue to grow 147pc

HARARE – Zimbabwe-focused investment group Cambria Africa Plc (Cambria) is tipped to grow its revenue by 147 percent from $11,64 million in…

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