First Mutual Holdings’ net income for the five months to May jumped by 44 percent to $4.36 million, spurred by an increase in investment income.
Two legislators, one an independent, yesterday questioned Prophetic Healing and Deliverance leader Walter Magaya’s sponsorship of the Zimbabwe national soccer team.
The government has set aside funds to revive industry in Bulawayo and is inviting entrepreneurs from the second city to apply for these funds to restore Bulawayo as the industrial hub of the country.
Zimbabwean investment group, Brainworks Capital says it plans to list on the Johannesburg Stock Exchange (JSE) later this year, with an Initial Public Offer (IPO) set for next month.
The liquidator of Altfin Life Assurance says creditors should expect to recover a quarter of their claims if he sells off the company’s building.
Zimbabwe’s largest mobile operator, Econet continues to leverage on broadband and mobile transactions growth to protect its topline against a background of waning voice and SMS revenues owing to the downside presented by over-the-top (OTT) services.