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Zimbabwean truck drivers disappear with load of maize in SA
TWO Zimbabwean truck drivers have disappeared with a staggering 68 tonnes of maize in South Africa.The incident exposed by Vehicle Trackers on it's X account (formerly Twitter) occurred during...Published: 10 Jul 2024 at 12:44hrs | 42 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 2 | by Staff reporter
RBZ approves FBC acquisition of StanChart
THE Reserve Bank of Zimbabwe (RBZ) has approved FBC Holdings Limited's (FBCHL) purchase of Standard Chartered Bank Zimbabwe Limited (SCBZL), making it one of the biggest banks in the country.A...Published: 15 Nov 2023 at 05:12hrs | 10 | by Staff reporter
Mnangagwa's govt hard-pressed to appease restless public sector workers
FINANCE minister Mthuli Ncube has proposed to increase the proportion of employment costs on state expenditure to 52.4% from 42.3% as the desperate government makes frantic efforts to appease the 300 ...Published: 27 Nov 2022 at 14:58hrs | 1 | by Staff reporter
FBC to surrender building society licence
Listed financial services group FBC Holdings, faced with the possibility of failing to meet new minimum capital requirements by 30 June, plans to surrender its FBC Building Society licence to regulato...Published: 07 Jun 2013 at 04:02hrs | | by Business Reporter
ZSE: Industrials break the 215 ceiling as activity improves
The mainstream Industrials raced past the 215 barrier for the first time since dollarisation on Thursday amid improving activity on the floor with 14 counters managing gains out of the 31 that traded....Published: 06 Jun 2013 at 11:14hrs | | by Business reporter
US private equity firm closes in on FBC Holdings
UNITED STATES private equity firm Equator Capital is nearing a deal to acquire a 10 percent shareholding in Zimbabwe Stock Exchange-listed financial group, FBC Holdings, sources familiar with the deal...Published: 22 May 2013 at 03:43hrs | | by Business reporter
FBC has no immediate capitalisation pressure
FBC Holdings will not be selling Turnall Holdings any time soon because there is no immediate capitalisation pressure in the group's subsidiaries, chief executive officer, John Mushayavanhu told analy...Published: 22 Mar 2013 at 08:11hrs | | by Business reporter
First Bank well placed to surpass the interim performance
An improved performance from FBCH, showing attributable earnings of $3.9 million, up 158% year on year. The improved performance was on the back on a solid performance by the bank. Total income grew ...Published: 31 Aug 2011 at 09:26hrs | | by Business reporter
Special bargain for Econet
FOREIGN investors exchanged a block of 625 000 Econet shares valued at US$3,1 million on the Zimbabwe Stock Exchange on Tuesday, in a special bargain deal, one of the biggest concluded this year...Published: 14 Apr 2011 at 05:11hrs | | by Bright Madera
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