BridgeFort to build US$2bn diaspora fund over two decades
Bridgefort said Zimbabwe’s diaspora concentrated in South Africa, the United Kingdom and the United States, remitted around US$2 billion annually.
By Melody Chikono
Nov. 6, 2024
BridgeFort to reduce local currency exposure on net monetary assets
The transaction with Diaspora Kapita Proprietary Limited involves BridgeFort acquiring a predominantly South Africa-based business from it.
By Tatira Zwinoira
Jun. 11, 2024
MedTech gross profit down 16%
In terms of income statement performance as measured by the change in the equity value in United States dollar, MedTech incurred a loss of about US$260 000.
By Mthandazo Nyoni
Apr. 8, 2024
Escalating costs weigh down company earnings
Revenue growth was premised on recurrent review and adjustments of prices to keep pace with inflation.
By Melody Chikono
Apr. 6, 2023