HARARE, December 7 (The Source) – Mashonaland Holdings narrowed its loss position for the year ended 30 September 2017 to $1.6 million compared to $5.9 million in 2016 largely driven by reduced property expenses.
HARARE, August 9 (The Source) – ZB Holdings reported a 38 percent increase in net profit from $5,9 million to $8,2 million in the six months to June driven by a jump in transaction revenue.
HARARE, May 27 (The Source) – ZB Financial Holdings is set to sell debts amounting to $6,3 million to the Zimbabwe Asset Management Company (Zamco) at a discount of 56 percent, a net of $3,5 million, as the group seeks to reduce the level of… Read More
HARARE, August 26 (The Source) – Diversified financial services group ZB Holdings has bounced back into the black with a net profit of $4,1 million in the six months to June 2015 from a loss of $2,5 million over the corresponding period last year despite… Read More
By Bernard Mpofu, HARARE, June 27 (The Source)-ZB Financial Holdings has disposed of its stockbroking unit and asset management firm as the group seeks a new shareholder to shore up its flagship retail banking unit ahead of the 2020 recapitalization deadline, officials said on Friday.… Read More