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Leading financial institution ZB Financial Holdings (ZBFH) has urged the nation to remain watchful and observant of Covid-19 regulatory measures to consolidate the gains made so far, in the prevention of the disease. In a statement, ZBFH group Chief Executive Officer Ron Mutandagayi said citizens must

Business

Cash Shortages Affecting ZB Financial Holdings

February 16, 2018

author: Jeoffrey Ncube

“This shortage of cash, however, led to minimized borrowing from customers which in turn led to the net earnings from lending and trading activities decreasing by 15%, from $17.5 million to $14.8 million.