Source: 123RF. The firm recalculated certain amounts and ratios using publicly available data for comparability. Despite a challenging operating environment, the report highlighted that these banks have still achieved positive growth during the first six months of 2024. The “Big Four” banks’ combined headline earnings rose by 2.5% to R56.8bn, while bad debt hit R27.1bn….
PRESIDENT Emmerson Mnangagwa PRESIDENT Emmerson Mnangagwa has bemoaned the resurgence of the parallel market, which he says is threatening the recently introduced Zimbabwe Gold (ZiG), adding that corrective measures will be instituted to protect Zimbabweans from economic disruption. The Reserve Bank of Zimbabwe (RBZ) last Friday devalued the ZiG to 24,3 per United States dollar…
Source: Reuters. The purchase of the stake in the deep water field followed a competitive process held by French oil major Total, which operates the project and will retain a 40% stake in the block.
ZimSmart Villages TELEHEALTH and remote monitoring service provider, ZimSmart Villages, has partnered The Samp Group, a multifaceted global organisation renowned for its leadership in the globalisation of cricket, targeting remote areas that do not have health facilities in Zimbabwe. Addressing journalists in Harare on Monday this week, ZimSmart Villages chief medical officer Admore Jokwiro said…
Frank van den Driest, founder of the Institute for Real Growth (Image supplied) The #NedbankIMC conference took place on Thursday, 19 September at The Focus Rooms, Johannesburg, where a lineup of international and local experts shared their knowledge with 2,000 delegates who attended virtually and in person. Bizcommunity chatted to some of the speakers. “The…
Legas Delaney has officially launched in South Africa. L to right: Ray Langa – SA group chief executive, Tim Delaney – founder and global creative director, Margaret Johnson – global CEO , and Ann Nurock – partner at Relationship Audits and Management. (Image: Danette Breitenbach) Launching at the Mesh Room in Rosebank the agency’s founder…
Zimbabwe Electoral Commission THE Zimbabwe Electoral Commission (Zec) has intensified efforts for political parties to be legally registered through an amendment of the Electoral Act. Under current law, political parties just notify the electoral body of their existence without undergoing any rigorous processes. In an interview this week, Zimbabwe Electoral Commission chief elections officer Utloile…
Top row, from left to right: Bas Vrijsen: client service director, JoeLabs | Xolisa Dyeshana: chief creative officer, Joe Public | Pepe Marais: Group Integrated Chief Creative Officer, Joe PublicBottom row, from left to right: Mpume Ngobese: co-managing director, Joe Public | Mia Roets: experience design director, JoeLabs | Vasilios Varfis: technology and digital product…
MIDLANDS Marimba Arts Festival MIDLANDS Marimba Arts Festival executive director Tinomutenda Chihora has called for the transcription of marimba songs so that traditional music can be integrated into the education curriculum. Speaking on the sidelines of the Midlands Marimba Arts Festival held last weekend in Gweru, Chihora said Zimbabwean traditional music should be safeguarded for…
Zifa normalisation committee chairperson Lincolm Mutasa A TWO-MEMBER delegation from the Federation International de Football Association (Fifa) is currently in the country on a mission to strengthen football development. David Fani and Santa Rasoamahenina, officials from the Fifa Regional Office for Southern Africa, will be in the country until tomorrow and are expected to meet…
