1. Trading Environment The period under review was dominated by Government efforts to arrest the inflationary trend in the economy as well as the local currency depreciation. Bank lending rates were increased to 200% and 100% per annum for corporations and individuals respectively. This was aimed at restricting credit expansion, especially for consumption. This measure was also complemented...Continue Reading
The Board of Directors of Bindura Nickel Corporation Limited (“BNC” or the “Company”) wishes to inform the Shareholders of the Company, potential investors, and the general public, of the projected decline in the Company’s profit for the half year ended 30 September 2022, amounting to approximately 193% when compared to the half-year ended 30 September 2021. Based on...Continue Reading
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