CHAIRMAN’S STATEMENT INTRODUCTION For the greater part of 2021, there was a growing sense of cautious optimism that finally the worst of the COVID-19 pandemic was behind us. However, towards the end of the year, our resilience was put to the test once more as the spread of new variants necessitated the reintroduction of various […]

NMBZ Holdings Limited (“The Group”) hereby issues the following Trading Update for the First Quarter ended 31 March 2022 (“Q1 2022”). The Zimbabwe Stock Exchange (“ZSE”) has authorised the issue of this Trading Update in compliance with rule 35(5) of the ZSE Listing Requirements, set out in Statutory Instrument 134 of 2019, read in conjunction […]

CHAIRMAN’S STATEMENT INTRODUCTION For the greater part of 2021, there was a growing sense of cautious optimism that finally the worst of the COVID-19 pandemic was behind us. However, towards the end of the year, our resilience was put to the test once more as the spread of new variants necessitated the reintroduction of various […]

INTRODUCTION The Group’s interim results come at a time when our nation and the global economies are battling with the effects of the COVID-19 pandemic. The pandemic has, without a doubt, created a difficult operating environment due to the unprecedented and pervasive nature of this global crisis. I am however pleased to report that in […]

(Excerpts from the Chairman’s Statement) INTRODUCTION The 2020 operating environment was largely dogged by the devastating effects arising out of the outbreak of the COVID-19 pandemic which ravaged global economies. In response to the COVID-19 pandemic, the Government of Zimbabwe like many other Governments imposed lockdown measures of varying extents in an effort to curtail […]

CHAIRMAN’S STATEMENT INTRODUCTION The 2020 operating environment was largely characterised by the unprecedented global challenges emanating from the novel COVID-19 pandemic. Global and regional economies have experienced significant challenges due to the COVID-19 virus and the Zimbabwean economy was no exception. The Government of Zimbabwe pronounced a number of socio-economic restrictions, effectively plunging the nation […]

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 […]

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 […]

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 […]

INTRODUCTION The country witnessed a leadership transition in November 2017 which ushered in a new political dispensation. This was followed by various re-engagement efforts with the international community and there has been a notable increase in interest from foreign investors raising prospects of an economic turnaround. This said, the 2017 operating environment was characterised by […]