SME Banking: The Next Frontier?
By Yona Menon Banda The increasing speed and scale of change affecting the world has underlined the adage that change is the only true constant. Everyday, emerging technologies and evolving…
ANALYSIS| Value Gains Drive Mash Holdings to ZWL$236bln PAT
…as Diversification Strategy Takes Shape By ETimes Financial Performance Highlights Commentary and Analysis On paper, it’s a performance that was largely driven by fair value and exchange gains. On comparison,…
ANALYSIS| Dairibord Sees ZWL$4.6bln Loss in HY23 as Economic Turbulence Weighs
By ETimes Financial Performance Highlights Analysis and Commentary Its a set of financial results that raises some immediate concerns for the group. It is evident from the decline in the profit…
ANALYSIS| Forex Gains Drive CBZ Holdings to ZWL$543bln Profit After Tax in HY23
By ETimes Financial Performance Highlights Commentary and Analysis The sharp bottom line growth was largely driven by unrealized foreign exchange gains, while growth in the core revenue streams was relatively…
Is the fully integrated Food Lover’s operation going to help OKZim get back on track?
By ETimes Financial Performance Highlights Commentary and Analysis Its a set of financial statements that aligns with the prevailing economic environment. Declining sales combined with rising overheads and borrowing costs…
ANALYSIS| Newly VFEX Listed First Capital Sees After Tax Profits Rise to US$4.3 million
By ETimes Financial Performance Highlights Commentary and Analysis The sizeable growth of peer banks reporting in ZWL denominated accounts makes it difficult to put First Capital Banks financial results into…
ANALYSIS| NMB Holdings Invades FinTech Space as PAT Rises to ZWL$195 billion in HY23
By ETimes Financial Performance Highlights Commentary and Analysis The increasing consolidation in the banking sector raises a lot of questions for the “middle of the pack” players like NMB. The…
ANALYSIS| Resurgent ZB Financial Group Posts ZWL$678 billion PAT in HY23
By ETimes Financial Performance Highlights ZSE listed financial services group ZB Financial Holdings (ZBFH.zw) reported a ZWL$678.5 billion profit for its half-year ended 30 June 2023, representing a 2179% rise…
ANALYSIS| Acquisition Nears Completion as FBC Holdings PAT hits ZWL$366 bln in HY23
By ETimes Financial Performance Highlights Commentary and Analysis Once again, it is becoming increasingly difficult to make anything of ZWL denominated financial statements. The most noticeable thing here is the…
ANALYSIS| Government Aims for Continuity in Mid-Year Policy Updates
By ETimes Mid-Term Monetary Policy Statement General Updates Liquidity Updates Foreign Exchange Updates Banking Sector Updates Key Policy Updates Mid-Year Budget Review General Updates Fiscal Outturn Key Policy Updates According…