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  • ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1

ANALYSIS| Digitization Strategy Sees NMB Holdings Earn Total Income of ZWL$10bn in H1

…as Group Targets Expansion By Yona Banda Financial Performance Highlights  Listed banking group NMB Holdings posted a ZWL$1.7 billion net profit after tax for the half year period ended 30…

ANALYSIS| Dairibord Swings Back to Profitability as Half-Year Sales Volumes Hit 47mln liters

By Yona Banda Listed food and beverages manufacturer Dairibord Holdings earned a net profit after tax of ZWL$689 million in the financial half year ended 30 June 2022. The performance…

ANALYSIS| Monetary Losses Drag BAT Zimbabwe to ZWL$678mln After Tax Loss

…as Sales Volumes Decline 6% By Yona Banda Financial Performance Highlights Listed cigarette manufacturer BAT Zimbabwe earned an inflation adjusted after tax loss of ZWL$678 million. The loss was largely…

Hedging Strategies Appear to Payoff as FBC Holdings H1 Profits hit ZWL$8.1bn

By Yona Banda Performance Highlights The FBC Holdings group reported an inflation adjusted net profit after tax of ZWL$8.1 billion for the half-year ended 30 June 2022. The earnings surged…

ZB Profits Surge to ZWL$6.1bn as Botswana Operations Open Doors

By Yona Banda Highlights from financial performance ZSE listed financial services group ZB Financial Holdings earned an inflation adjusted half-year profit of ZWL$6.1 billion, which represented a 165% rise from…

Thinking Out Loud – On SDRs and Gold Coins

By Yona Banda The Government of Zimbabwe through the Ministry of Finance and Economic Development recently sought to provide some clarity on the utilization of the Special Drawing Rights (SDRs)…