FIRST Capital Bank recorded a 33 percent increase in total income to US$71,2 million for the fiscal year ended December 31, 2023 buoyed by a significant increase in customer base, loans and advances, and proportion of US- dollar transactions.>shorturl.at/jrKZ9

THE Zimbabwe National Statistics Agency (Zimstat) has pegged the monthly food basket for a family of six at ZiG2 550.> shorturl.at/eimyO

INNBUCKS Microbank posted an inflation adjusted profit after tax of $24,6 billion (bond) for the 16 months to June 30, 2023 largely driven by gains on exchange rate translations as well as fees and commissions income.>rb.gy/vntp1l

This was a high end laptop in 1989.

It would cost $13,000 in today’s prices.

ORGANISERS of the 64th Zimbabwe International Trade Fair edition, which ended in Bulawayo on Saturday, have expressed satisfaction over the bigger and higher quality outlook of the show saying exhibitors for this year’s edition increased by 35 percent.>shorturl.at/eopr2

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ZIMBABWE continues to lag in the deployment of Long-Term Evolution base stations, as revealed by the Postal and Telecommunications Regulatory Authority of Zimbabwe.>shorturl.at/luEY0

Business News Worth Knowing daily: Read The Financial Gazette e-paper -epaper.fingaz.co.zw

ZIMBABWE’S insurance and pensions industry is struggling to meet prescribed asset requirements amidst a challenging economic environment. The Insurance and Pensions Commission reports low compliance levels, especially within the life assurance sector.>shorturl.at/ES579

DIRECT short-term insurers reported a foreign-currency-denominated insurance revenue of US$174,80 million during the fourth quarter of 2023, making up a significant portion of the total insurance revenue compared to the local currency.>shorturl.at/xRY58

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ACTIVITIES on the parallel market will now be classified as money laundering, the Ministry of Finance says. The move is a bold attempt to curb currency manipulation and stabilise the economy.>rb.gy/1co0f5

Why is the monetary policy so important?>rb.gy/vgwygf

Strategic Agility In A Dynamic Environment

THE Zimbabwe Investment and Development Agency says it plans to develop a US$15 billion project pipeline through resource beneficiation, manufacturing, and technology transfer this year.>shorturl.at/swMU6

On this day in 1981: the mouse makes its commercial debut.

ICT firm, Compulink Holdings, is advocating for increased representation of ICT professionals on company boards.>rb.gy/qnz758

SABI Star Mine is nearing the completion of its US$5 million 15 MW thermal power plant, with plans to fully integrate the station in the second half of this year.>rb.gy/hp8vmi

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In 1998, Google was valued at $10 million.

Today, it’s worth $2 trillion.