BAT Zimbabwe performance flat Cigarette maker BAT said its first quarter performance was generally flat compared to the comparative period last year, but expects a strong second half anchored by investments in the company’s core brands, which enjoy close to 70 percent market share. Continue Reading →
Why a white minority continues to dominate South Africa’s economy Many would like to consign the polarising debate about “white monopoly capitalism” (WMC) in South Africa to the margins. Continue Reading →
Barclays Zimbabwe reports marked decline in interest income Barclays Bank of Zimbabwe has reported a marked decline in net interest income for the first four months of 2017, compared to the same period last year on reduced corporate lending, shareholders heard yesterday. Continue Reading →
CBZ income up 7 percent in three months CBZ Holdings’ income in the first quarter to March increased 7 percent to $37.7 million, driven by a surge in business in the three month period. Continue Reading →
Judicial manager hawks Tetrad for $25 million The Deposit Protection Corporation (DPC) is looking for new investors to acquire Tetrad Investment Bank for $25 million after creditors agreed to accept shares and cash, leaving the troubled bank with a clean balance sheet. Continue Reading →
Mugabe does not sleep during conferences, he just rests his eyes President Robert Mugabe does not sleep during conferences as often reported by the media. Continue Reading →
