BancABC narrows losses
Tuesday, April 05, 2016
BancABC was taken over by Atlas Mara
This is evident from its preliminary group results for the year ended December 31, 2015. In comparison with its previous year’s performance, the group recorded an improvement of attributable loss of $0.6 million (P6.51 million), from the reported loss of $48.6 million (P527.23m) in 2014.
The group’s acting chief executive officer, Blessing Mudavanhu said while challenging, the first year of acquisition has been met with considerable success.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...