Zimbabwe’s largest financial house, CBZ Holdings reported a 16.8 percent increase in after tax profit to $27.8 million for the full year to December 2017 from $23.8 million in the previous year driven by a surge in non-interest income.
President Emmerson Mnangagwa today said Zimbabweans can make their country a heaven if they shun hate speech, love one another and work for economic prosperity.
President Emmerson Mnangagwa has now confirmed that elections will be held as dictated by the constitution which says they must be held within 30 days of the end of the term of the current administration.
Zimbabwe’s mobile telecoms sector revenue for 2017 increased 17.6 percent to $849.49 million compared to $722.93 million in 2016 largely driven by adoption of plastic money and higher uptake in data, the latest report by the regulator showed.
President Emmerson Mnangagwa has brushed off former President Robert Mugabe’s claims that his takeover was a coup d’etat saying Mugabe resigned in terms of section 96 of the country’s constitution.
Binga North legislator Prince Dubeko Sibanda says the media landscape in Zimbabwe has not changed at all and continues to be dominated by two people despite the new dispensation.
The Zimbabwe Consolidated Diamond Company (ZCDC) says it is negotiating to acquire the remaining 40 percent in the Chimanimani diamond claims owned by DTZ-OZGEO, despite the company expressing willingness to revive its operations, an official said.
Zimbabwe’s annualised consumer price inflation slowed to 2.98 percent year-on-year in February from 3.52 percent in January, the national statistics agency said today.