ABC Holdings FY profit up 49 pct

HARARE, March 25 (The Source) – Financial services group ABC Holdings Limited has reported a 49 percent growth in attributable profit for the full year to December 31, 2013 driven by strong performances in its Botswana, Zambia and Zimbabwe units. Attributable profit grew to BWP198… Read More

ZSE weakens in mixed trades

HARARE, February 25 (The Source) – The industrial index dropped 0.37 points on Tuesday to 189.88 points in a session of mixed trades. Weighing down the index were losses recorded in blue chip counters, mainly Delta, BAT and OK. Hippo led the bears with a… Read More

Zim widens multi-currency basket

HARARE, January 29 (The Source) – The Reserve Bank of Zimbabwe (RBZ) on Wednesday widened the multi-currency basket to include four more foreign currencies in what analysts see as a way of addressing the cash shortage in the economy. Currencies of China, India, Japan and… Read More