CBZH in $12 mln H1 net profit

Harare – Financial group, CBZ Bank  Holdings (CBZH) said on Thursday it recorded a marginal 0,8 percent  increase in net profit to $12 million for the half-year ended June, 2017  aided by growth in non-interest income.
Posted On 04 Aug 2017

MBCA profit up 125 pc

MBCA Bank Limited reported a 125 percent jump in profit after tax to $2,71 million for the half year to June 30, 2017 despite a challenging operating environment.
Posted On 04 Aug 2017

Gas-powered cars sputter toward obsolescence

More and more countries are ditching the internal combustion engine. Britain and France announced last month the death of the internal combustion engine, both scheduling it for 2040.
Posted On 04 Aug 2017

Oil prices dip on high OPEC supplies

SINGAPORE – Oil markets dipped on Friday, with US crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC.
Posted On 04 Aug 2017

South Africa withdraws plan for moratorium on mining rights

JOHANNESBURG – South Africa’s Department of Minerals withdrew plans to impose a moratorium on granting and renewing mining rights and will explore other measures to ensure companies are compliant with the industry charter.
Posted On 04 Aug 2017

Majority of workers prefer better remuneration than “good boss” – Survey

Harare –  Zimbabwean workers are largely inclined to choose to work for a company that pays them more compared to getting a low salary and having a “good boss”, a recent survey has revealed.
Posted On 04 Aug 2017

Zim culls 215 000 chickens

Harare – Zimbabwe has culled 215 000 chickens to stop the spread of the highly contagious bird flu virus, the Food and Agricultural Organisation (FAO) said on Thursday.
Posted On 04 Aug 2017