Getbucks issues $5,4mln debt on ZSE

HARARE, April 28 (The Source) – Deposit taking microfinance institution Getbucks has issued a $5,4 million debt security, the first series of its $30 million bond, on the local bourse. “GetBucks Financial Services Limited (“GetBucks Zimbabwe” or the “Issuer”) issued $5,442,250.95 within the $30,000,000 Medium… Read More

Zimre Holdings narrows FY loss to $2,2mln

HARARE, April 28 (The Source) – Zimre Holdings narrowed its loss by 90 percent to $2,2 million for the full-year to December, from $23,1 million recorded in the preceding year on increased business retention and cost containment measures. “The improvement was mainly due to increased… Read More

NBS to float housing bonds

CHINHOYI, April 13  (The Source) – The National Building Society (NBS) plans to float a series of bonds in the second half of the year as part of moves to raise $150 million for the construction of 10,000 housing units this year. The mortgage lender,… Read More