Time Bank calls for innovation

September 26, 2003

An indigenous bank has called for innovation in the banking sector saying the current business environment and its problems are…

CFX profit up 870 percent

September 26, 2003

CFX Merchant Bank which was only turned around last year made a profit of $1.4 billion in the first half…

First Bank profit treble that for last year

September 26, 2003

First Banking Corporation's net profit for the six months to June was nearly treble that for last year and 13…

MBCA dealing profits shoot up

September 26, 2003

The Merchant Bank of Central Africa saw its net profit for the six months to June increase from $946.3 million…

Rapid profit down by 17 percent

September 26, 2003

Although net income dropped by 16.9 percent from $295.9 million to $246.6 million, Rapid Discount House says its results were…

Interfin in $12 billion profit

September 26, 2003

Interfin Holdings, one of the most diversified financial services groups, which is into merchant banking, insurance, stockbroking, asset management and…

Stanbic confident

September 26, 2003

Stanbic Bank had a more than 10-fold increase in net profit in the first half of this year and it…

Tobacco seed sales up, but yield expected to fall

September 26, 2003

Tobacco seed sales have increased from 328.25 kgs to 335.58 kgs but the tobacco crop for next year is expected…

Shortage of maize seed could affect next harvest

September 26, 2003

With normal to above normal rains expected for the coming season, the shortage of maize seed could adversely affect next…

Crop production to drop- CFU

September 26, 2003

Production by large-scale farmers in Zimbabwe is likely to further plunge this year because of the ongoing agrarian reform, Commercial…