ECOBANK Zimbabwe (Ecobank) says it is gearing to exploit new opportunities in the second half of the year, with inflation expected to decline further, while the economy is forecast to grow by 7,8 percent on the back of a successful agricultural season and firming international mineral prices.
This comes as Zimbabwe’s annual inflation has fallen from 838 percent last July to 50 percent last month.
Ecobank reported a seven percent decline in post-tax profit for the half-year ended June 30, 2021 to $1,85 billion.
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Moses Kurenjekwa, Ecobank Zimbabwe managing director.
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