Day: May 17, 2023
Business
NMB record a 63.7% jump in customer deposits
John Tanyanyiwa Staff Reporter Diversified financial services firm, NMBZ Holdings (NMBZ) recorded a 63.7% increase in customer deposits in the first quarter ended 31 March 2023. The company informed stakeholders in a first quarter trading update. “The Bank has witnessed customer deposits grow by 63.7% from ZWL 53.2 billion as at 31 December 2022 to […]
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Business
Rbz auction results – Zim dollar depreciates
The Zimbabwe dollar shed 16% against the greenback on the foreign exchange market yesterday. The rate was at US$1:ZW$1,404.8039 compared to US$1:ZW$1,212.5448 recorded last week. The central bank allotted a total of US$14,444,323.31 to industry. The biggest beneficiary was raw materials, followed by machinery and equipment. The small to medium enterprises forex auction was allotted […]
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