Stanbic posts $607, 2m profit
Stanbic Bank Zimbabwe jumped from a $624 million loss posted for the half year last year to an emphatic $607,2 million inflation adjusted profit after tax for the half year ending June 2020.
Messi, Barca stand-off drags on
LONDON. — Barcelona are adamant they will not negotiate to allow Lionel Messi to leave the Spanish football club before his contract ends next year.
Shareholders reject change
Steinhoff shareholders have voted against the adoption of the group’s annual financial statements for the 2019 financial year, as well as proposed amendments to the Stellenbosch-headquartered retailer’s remuneration policy for managing directors.
Industrial profits rebound
Profits of China’s major industrial firms maintained steady recovery in July despite uncertainties due to the grim and complex domestic and international environment, official data showed last Thursday.
PRAZ gives green light for Gwanda solar
The Procurement Regulatory Authority of Zimbabwe (PRAZ), has directed State Power Utility, Zesa Holdings, to address sticking issues to the new proposed contract for the Gwanda solar project in line with the existing contract between the parties and previous procurement law forming the basis of the signed agreement.
Covid-19 recovery rate impressive
GOVERNMENT interventions to curb the spread of Covid-19 are paying off as the country has recorded a significant rise in the number of recovering patients from less than 26 percent to over 80 percent in three weeks.
CZI to shift focus toward market share growth
The Confederation of Zimbabwe Industries (CZI) will shift focus toward policies and strategies that will help local companies increase their share of both the domestic and regional markets.
ZimTrade edges closer to launching online store
As a response to COVID-19, ZimTrade has developed an online platform that will enhance engagements of local companies with international buyers as well as improve the visibility of locally-produced products and services.
JUST IN: U.S. Treasury Clears Zimbabwean Bank of $385 Million Penalty
Zimbabwe’s largest lender said the U.S Treasury Department has cleared it of having to pay a $385 million penalty for processing transactions on behalf of a local lender that was under American sanctions.
ZVICHANGOBVA KUITIKA: Moto wakaparadza panotandarira vanhu . . . paStephen Margolis
Nzvimbo yekutandarira nemafaro, yeStephen Mangolis, iri muHarare, yakaparadzwa chimwe chikamu chayo nemoto wesango.









