MBCA Bank’s net profit more than doubled to $2.7 million in the six months to June from $1.2 million achieved in the comparable period last year, driven by an increase in non-interest income.
First Lady Grace Mugabe did not attend the youth rally in Matebeleland South today, hardly two weeks after she raffled feathers with senior party officials including Vice-President Emmerson Mnangagwa, and her husband’s spokesman George Charamba.
Movement for Democratic Change leader Morgan Tsvangirai described the 2002 presidential elections which he lost to Zimbabwe African National Union-Patriotic Front leader Robert Mugabe by 427 000 votes as the “biggest fraud he has ever witnessed”.
President Robert Mugabe’s two sons Robert Junior and Bellarmine, popularly known as Chatunga,are shamelessly displaying their lavish lifestyles on instagram, according to the London Economist.
The former archbishop of Bulawayo Pius Ncube said Zimbabweans, both educated and uneducated, were unhappy with President Robert Mugabe and were waiting for someone to lead them but Movement or Democratic Change leader Morgan Tsvangirai was too weak to do that.
The Zimbabwe Power Company (ZPC) missed its production target in the first quarter by 5 percent, sending out a total of 1789.80 gigawatts hour (GWh) of energy against a target of 1902.76GWh.
The Zimbabwe Consolidated Diamond Company (ZCDC) says it will resume mining after it was issued an Environmental Impact Assessment certificate by the Environmental Management Agency (EMA) late today.
Old Mutual Zimbabwe’s mortgage lender Central African Building Society (CABS) reported a 20 percent drop in profit in the six months to June from $20.7 million last year to $16.5 million, weighed down by a surge in operating costs.