adminABC income up 60pc
Business ReporterABC Holdings recorded a 60 percent rise in net income to BWP132, 8 million (US$17,5 million) for the full year to December 31 2012, driven by strong growth in advances coupled with higher transactional volumes as well as increased market share.
Work hard to be a master
Zimbabweans never come short of ideas. It might even be the reason for our downfall. I met someone last week who runs 42 small businesses.I asked him if they were making money. His sheepish smile told me that he was not.
The rise and rise of FBC
Takunda Mugaga Economic AgendaUnlike his predecessor, Livingstone Gwata, the new man at the helm of FBC was not a choice of head-hunting but rose through the system.
Whether this explains why the bank has been impressive regardless of tight market conditions is debatable. However, the record of the former boss, Gwata deserves
How to manage your boss
BEING a manager gives you the powers to manage the person that you report to. To be effective you rely on your boss to acquire critical resources.It is very unwise to have a rocky relationship with your boss and expect yourself to be very productive.
Botswana faces power crisis, as SA cuts exports
GABORONE. — Botswana is staring at a possible economic rollback following sharp cuts in electricity imports and the halting pace at which a replacement power source is being erected. South Africa — under pressure to satisfy growing domestic demand — has scaled back on power exports to the region and allowed a five-year deal with Botswana whichEmerging markets thrive
Lisbon. – No matter how Cyprus’ financial drama ends, its troubles show yet again that rich countries enfeebled by the great financial crisis remain a weak link in the world economy.East Africa awaits SMEs listing
NAIROBI. — East Africa is still waiting for the first small and medium-sized enterprise to list on any stock market in the region.A Nairobi Securities Exchange official yesterday said SMEs are yet to list despite the launch of the Growth Enterprise Market Segment to make it easy for them to trade on the
All set for audit congress
CAPE TOWN. — Officials from some of the leading international auditing firms have confirmed participation at next month’s Breakbulk Africa Congress.Michael Lalor, Ernst & Young’s director of strategy and innovation, Africa Business Centre, will outline sub-Saharan Africa’s development, investment trends and proposed capital
Brics leaders agree on bank formation
DURBAN. — Leaders of the five countries that constitute the Brics have agreed to the formation of a new development bank, ending weeks of speculation around the establishment of such a facility.Getting down to Zero
As we celebrate Easter 2013 it is important that as a nation and in particular motorists we are reminded of the simple and yet very effective advice that can help us, our families and families of our colleagues to avoid the increased dangers on the roads particularly during these times of increased traffic movement, distractions such as