THE 14th edition of the Superbrand Awards will take place at the Harare International Conference Centre on Friday. Organised by the Marketers Association of Zimbabwe (MAZ), the Superbrand Awards celebrate brand excellence in the country’s corporate sector. MAZ executive secretary, Gillian Rusike said the awards are running under the theme ‘Brand relevance and dominance in…
NORSAD Capital, an impact investor, and private creditor provider, offering tailor-made debt solutions to mid-market growth companies in Sub-Saharan Africa, has provided Central Africa Building Society (Cabs) Zimbabwe with a US$10 million credit facility to support the bank’s growth strategy. The facility is earmarked towards lending to Cabs’ export clients, particularly in the agricultural sector. …
ZIMBABWE’S leading financial services entity, FBC Holdings has established a fully-fledged reinsurance company in neighbouring Botswana as part of its regional growth and expansion strategy. The new entity will operate as Fbc Reinsurance Botswana and it is set to redefine the insurance landscape in Africa and the world at large through offering customised reinsurance solutions…
OK Zimbabwe Limited has launched a Christmas festival promotion that will offer affordable prices to enable ordinary people to have a decent and joyful fiesta. In a statement yesterday, OK Zimbabwe said the promotion is meant to bring a colourful festival season to all families. “OK Zimbabwe Limited through its brands, OK stores, Bon Marche…
Time Bank would operate a new business model whereby the bank will not start by taking deposits, as is usually done by commercial banks. The bank will start by lending out to various categories of clients without taking deposits and review the model at an appropriate time. The bank announced last year, before the pre-opening…
ECOCASH Holdings Zimbabwe Limited achieved a profit before tax, demonstrating that its turnaround strategy, anchored on digital transformation, has begun to bear fruit. The Zimbabwe Stock Exchange (ZSE) listed firm posted a profit before tax of $911.1 million in inflation adjusted terms, for the six-month period ending August 2022 compared to a $106.2 million loss…
WATER levels in some of the country’s major dams have started rising in response to the recent rains, Zimbabwe National Water Authority…
THE government says it is on the cusp of clearing a two million housing backlog as authorities bid to offer low affordable and quality housing to both rural and urban dwellers. This comes as the government has so far delivered 160 000 housing units out of the 220 000 target it seeks to achieve by…
LEADING financial institution, Ecobank, yesterday donated US$35 000 to Care Zimbabwe to empower women and girls in rural areas through embracing financial inclusion. The donation was handed over to Care Zimbabwe by Ecobank Zimbabwe’s head of transaction services Michael Dengwani at Murambinda Town in Buhera, Manicaland province. The event also coincided with Ecobank Day, a…
NETONE has approached the High Court, for a second time this year, seeking an order to evict its former chief executive (CE) Lazarus Muchenje from a furnished company property in Borrowdale, Harare. Earlier this year, NetOne and Muchenje jointly agreed to have the telecom giant’s first summons submitted in December 2020 struck off the roll….
