Markets
Breaking Point MetBank's Troubles Deepen as Interest Income and Non-Interest Revenue Drop
MetBank incurred a net interest expense of ZWL 3.8 billion The bank recorded an operating loss of ZWL 51 billion MetBank's profitability was primarily driven by a fair value gain on investment prop
Oct 07, 2023De Beers' Cycle 8 Rough Diamond Sales Reflect Industry Rebalancing and Increased Marketing Investment
De Beers, a subsidiary of global mining company Anglo American, has reported a provisional figure of $200 million for the rough diamond sales value in its eighth sales cycle of 2023. This figure repre
Oct 06, 2023
Insuring Zimbabwe's Future : Short-Term Coverage Vital for Business Stability and Investment Growth
Zimbabwe has a low insurance penetration rate of 2.6% Potential impact of El Niño and the need to strengethen the insurance sector in the country The GPW surged by 263%, rising from ZW$7.49 billion to
Sep 11, 2023