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RBZ stalls ZB merger

HARARE – ZB Financial Holdings (ZBFH) says a delay in Reserve Bank of Zimbabwe (RBZ) approval is stalling plans to merge its…

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ABCH snubs ADC offer

HARARE – Africa-focused banking group ABC Holdings Limited (ABCH) has advised its shareholders to reject a mandatory offer by German-listed major shareholder,…

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African Sun to delist?

HARARE – Hospitality concern African Sun Limited (ASL) may delist from the Zimbabwe Stock Exchange (ZSE) after private equity group Brainworks Capital…

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MPs deliberate on Budget

HARARE – Members of Parliament are next week expected to converge in Nyanga to deliberate on the long-awaited 2014 National Budget. This…

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ZSE bearish

HARARE – The Zimbabwe Stock Exchange (ZSE)’s benchmark industrial index continued on a seven-day losing streak closing the week in the red…

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ZB targets informal sector

HARARE – ZB Bank Limited (ZB) has unveiled a $1 million loan facility targeted at boosting the informal sector’s capacity. The “Informal…

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FBCH seeks $5m PTA loan

HARARE – FBC Holdings Limited (FBCH)’s mortgage subsidiary is targeting $5 million-plus from its international financiers to expand its housing projects next…

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