MBCA, which is rebranding to Nedbank Zimbabwe, reported a 40 percent increase in net profit to $7.89 million for the year to December 31, 2017 from $5.65 million in the previous year buoyed by non-interest income.
The death of opposition heavyweight Morgan Tsvangirai robbed Zimbabwe of the strongest challenger to Robert Mugabe for almost 20 years – and no successor will be able to emulate him fully.
Senior officials of the Bulawayo province of Movement for Democratic Change-Tsvangirai are among the nine people that were arrested for the intra-party violence that gripped the city on Sunday.
Leaders of opposition political parties have set pre-conditions to attend the all political parties indaba which has been proposed by President Emmerson Mnangagwa ahead of the harmonised elections.
President Emmerson Mnangagwa today gave his twitter followers an update on his 90-day amnesty on people that had externalised funds to return them and promised to name and shame those who had defied his call on 19 March.
Zimbabwe will hold fresh elections at the end of July this year, a sign that, following decades of rule under autocratic leader Robert Mugabe, the southern African nation is on the path towards democracy.