ECOCASH Holdings Zimbabwe, formerly Cassava Smartech Zimbabwe, says its asset base increased by 24 percent to $38 billion in the half-year to August 30, 2021.
The latest development comes as the listed financial technology group, with interests spanning mobile money, insurance, agriculture, on-demand services, health, e-commerce and education, posted a $938 million profit after tax in the period under review in historical terms compared to a loss of $1,6 billion in August 2020.
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EcoCash Holdings, which endured a bruising 2020 due to the coronavirus crisis and a harsh regulatory environment, said it remains optimistic about the future
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