NMBZ Holdings Limited (“The Group”) hereby issues the following Trading Update for the First Quarter ended 31 March 2020 (“Q1 2020”). The Zimbabwe Stock Exchange (“ZSE”) has authorised the issue of this Trading Update in lieu of compliance with rule 35(5) of the ZSE Listing Requirements, set out in Statutory Instrument 134 of 2019, read […]
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May
13
Apr
30
CHAIRMAN’S STATEMENT INTRODUCTION The operating environment continues to be a challenging one; the Group however, continued in the pursuit of its short and medium term goals as evidenced by the accompanying results. The financial results continue to be largely driven by the Bank’s continued diversification into the broader market segments, enhanced use of the bank’s […]
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Apr
1
DEFERMENT OF PUBLICATION OF NMBZ HOLDINGS LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2019 Following the declaration by the World Health Organisation on 11 March 2020 that the novel Corona Virus (“COVID -19”) is a global pandemic; the President of the Republic of Zimbabwe proceeded to declare COVID-19 as a National Disaster. This […]
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Dec
13
NMBZ Holding Limited is pleased to announce the Interim management results statement for the nine months ended 30 September 2019. Below is an extract from the Chief Executive Officer’s comment. Commenting on the inflation adjusted performance for the 9 months ended 30 September 2019, Mr Benefit Peter Washaya, the Group Chief Executive Officer, said: “The […]
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Nov
11
Shareholders are advised that the Group shall delay the publication of its Q3 2019 interim financial results as required by the Zimbabwe Stock Exchange (“ZSE”). The Public Accountants and Auditors Board of Zimbabwe (“PAAB”) issued a pronouncement on 11 October 2019 that all Zimbabwean entities with reporting periods ending on or after 1 July 2019 […]
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Sep
11
We are pleased to announce the appointment of Mr Gerald Gore to the position of Deputy Chief Executive Officer for NMB Bank with effect from 1 September 2019. Prior to this appointment, Mr Gore was the Chief Operating Officer, a position he will continue to hold. He has extensive experience in banking spanning over 15 […]
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Sep
4
CHAIRMAN’S STATEMENT INTRODUCTION The operating environment in 2019 was characterised by a multiplicity of monetary and economic reforms which significantly impacted the economic environment in which the Group operated in. The challenges experienced in 2018 persisted into the first half of 2019 largely characterised by a contraction of business operations throughout the economy, inflationary pressures […]
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Aug
23
In line with Section 32 of Statutory Instrument 134 of 2019, Securities and Exchange (Zimbabwe Stock Exchange Listing Requirements) Rules 2019, shareholders are advised that the basic earnings per share for the half year ended 30 June 2019 will be approximately ZWL14.55 cents per share against ZWL2.34 cents per share recorded for the same period […]
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May
7
Members are reminded that included with the audited results for the year ended 31 December 2018 was a dividend announcement of a scrip dividend alternative to the cash dividend of 0.96 RTGS cents per share with members being offered additional shares as an alternative to a cash dividend. The terms of election for the scrip […]
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May
6
INTRODUCTION The Group has continued in the pursuit of its short and medium term goals and the accompanying results are testimony to the considerable progress towards our stated strategy… Financial position The Group’s total assets increased by 25% from US$422 564 352 as at 31 December 2017 to US$527 067 596 as at 31 December […]
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