Banking stocks are still a huge turnoff for investors on the local equities market if valuation multiples are anything to go by.

Old Mutual Ltd will take positions in real assets and avoid monetary assets to preserve value, CE Jonas Mushosho said.

ZB Holdings net profit for the half year to June rose 38% to US$8,2 million from US$5,9m in the comparative period in H116 helped by improved revenue performance. The group’s […]

Zimbabwe’s central bank chief John Mangudya left interest rates unchanged, saying lowering the rates could be a moral hazard in the troubled country, despite his push to stimulate production and […]

Banks’ net profit for the half-year to June jumped 47,99% to US$100 million from US$67,97 million reported in the same period las year, the central bank said.

THE Reserve Bank of Zimbabwe (RBZ) has introduced a portfolio fund in an attempt to speed up the repatriation of portfolio-related funds to foreign investors invested on the Zimbabwe Stock […]

Reserve Bank of Zimbabwe chief John Mangudya this week moved to lift production in the economy with a US$200 million financing to raise exports.