Business »
Friday, 03 May 2013 10:29
HARARE - Interfin Financial Services Limited (IFS) plans a deposit to equity swap deal as part of strategies to rescue its troubled flagship subsidiary Interfin Bank. If approved, the transaction could see the bank’s top depositors such as pension fund National...Read More
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Business »
Monday, 04 March 2013 12:43
HARARE - Zimbabwean financial institutions should brace for a tough economic climate this year due to tighter regulation and indigenisation threats, a report by stock broking firm Lynton-Edwards says. Last year, Finance minister Tendai Biti and Reserve bank of Zimbabwe (RBZ)...Read More
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Business »
Friday, 31 August 2012 09:26
HARARE - People’s Own Saving Bank (POSB) has reported an 11 percent increase in total deposits to $57,6 million for the half-year, while total assets rose 12 percent to $73,1 million. The banking concern however, said despite country growth prospects remaining...Read More
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