Bears hit banking shares on BSE

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The country’s three largest banks traded in the negative on the stock market in the past few weeks. The investors adopted a risk-averse attitude towards the counters whose profitability is likely to take a knock in 2014.


Apart from the prevailing low interest rate regime which has squeezed margins, banks’ income steams will this year be further constrained by the recently announced central bank’s two year moratorium on commercial banks’ charges.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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