Debt collection reduces ZBFH’s NPL ratio

Listed financial services group, ZB Financial Holdings has made a significant headway in reducing its non-performing loans (NPL) ratio to just 1,2 percent.

Padenga diversifies into gold to reduce risk

Listed crocodile breeder, Padenga’s proposed diversification into alternative export oriented business will help the company reduce concentration risk.

Food insecurity looms

Droughts or floods always have a devastating impact on agriculture. But the second-round effects on livelihoods are manageable in countries that are economically stable, depending of course on the magnitude of the impact.

Weather holds cards for SA agric economy

It is almost certain that SA’s agricultural economy will contract in 2019, mainly as a result of the poor summer crop harvest coming after a drought.

How agile, fragile is mining fiscal reform agenda?

Totemic. That is the word which perhaps sums up aptly the potential of Zimbabwe’s huge and diverse mineral wealth to propel the country’s socio-economic development agenda.

Innovation and research needed

Zimbabwean industry is starting to become more innovative but generally has a long way to go before it approaches even the levels it reached before hyperinflation and dollarisation, let alone the sort of levels it should be operating at.

US, China in ‘painful’ trade war

HP-laptop maker Inventec said it will shift production of notebooks for the US market out of China within months, adding to the tech industry’s exodus as the world’s two largest economies escalate their trade war.

What next for Old Mutual, Moyo?

Old Mutual’s on and off again CEO Peter Moyo was reinstated a week and a half ago by the Gauteng High Court in Johannesburg but he is yet to take up the reins again as he and the company’s legal team clash over what exactly the judgment means. 

Festival that ‘united African diaspora’

Last week saw 20 000 people of African descent gather on the beaches of Portimao, Portugal.

Did you know? Powerspeed Electrical Limited history

Powerspeed Electrical Limited evolved with Mashonaland Holdings’ restructuring exercise. The latter, a Zimbabwe Stock Exchange (ZSE)-listed property investment and development concern, was a product of the 1966 merger between Mashonaland and Provincial Trust Company and Mashonaland Real Estate.

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