Finance

Zimbabwe

End of an Era: Gwen Muteiwa Steps Down as Letshego Group CFO After a Defining Chapter in Pan-African Finance

In a brief but significant announcement released on Monday morning, Letshego Africa Holdings Limited confirmed that Ms. Tinotenda Gwendoline Muteiwa, widely known as Gwen, has resigned as the company’

Mar 02, 2026
World
Zambia’s Currency Resilience Tested as Government Expands Foreign Access to Local Bonds

Copper's role in the economy can't be overstated. As a globally traded commodity, it anchors foreign exchange inflows and supports investor confidence. However, heavy reliance on a single commodity in

 Jan 22, 2026
Zimbabwe
ZSE Changes its Index Composition; Here is What You Need to Know

The shift reflects on the market’s growing tilt toward property-backed and yield-oriented instruments at the expense of operating businesses. This transition highlights how inflation stability and tig

 Jan 21, 2026
Climate
Zambia’s ZNEC bet, turning constituency power into an investable pipeline

The headline ambition is large and deliberately broad based. ZNEC is expected to deploy renewable energy solutions across all 156 constituencies, at an estimated 2MW per constituency, implying a 312MW

 Jan 19, 2026
Zimbabwe
Tokenised Collateral Meets EcoCash: Can Ndarama Rewire Zimbabwe’s Credit Market?

It also outlines a governance chain that is intended to reduce counterparty risk. The statement points to independent custody of physical assets by Kreston Zimbabwe, professional asset management by S

 Jan 19, 2026
Zimbabwe
IPEC HY'25 Pension Sector Performance: Assets Grow to $3 Bn, Arrears Rise to $100 Mn Amid Declining Income

The pensions sector in Zimbabwe, as reported by the Insurance and Pensions Commission (IPEC) for the half-year ended 30 June 2025, showed strength with a significant 6% increase in total assets, reach

 Oct 16, 2025
Zimbabwe
ZiG Resumes Cat and Rat Chase: Policy Shift Triggers ZiG Turmoil

The Zimbabwe Gold (ZiG) has entered a volatile phase on the parallel market, shelving the stability the currency enjoyed from the first quarter into April. On the formal market, the ZiG maintained its

 May 05, 2025
Is Zimbabwe losing the fight against IFFs?

According to the International Journal of World Policy and Development Studies, Zimbabwe lost over US$32.179 billion during the period 2000 to 2020 . The paper by Jeffrey Kurebwa further notes that I

Mar 19, 2025
Mad Money Muse:  Zimbo Economic Circus Rolls On

This week, we’ve got a buffet of absurdity: tax revisions that scream “oops, my bad,” Blessed Geza’s grand return as the wannabe Che Guevara of Harare, Blessing Mhlanga’s jailhouse blues, Chris Mutsv

Mar 19, 2025
Elon Musk muddied with Tesla as sales slump & boycotts escalates

As of March 12, 2025, reports indicate that Tesla shares have dropped sharply, with a notable single-day decline of over 13% on March 10, wiping out more than $700 billion in market value from its mid

Mar 12, 2025
FBC Unveils Premium Mastercard with Exclusive Perks, Connects Zimbabwe to Global Markets

Zimbabwe’s titan bank, FBC Holdings, has launched a new family of FBC Premium Mastercard products yesterday at the Hyatt Regency Hotel in Harare. It is linked to both USD and Zimbabwe Gold (ZWG), an

Feb 26, 2025

The Fintech Frontier: Redefining Financial Inclusion in Africa

Africa's financial landscape is undergoing a remarkable transformation, fueled by the swift rise of financial technologies (fintech) and the burgeoning role of artificial intelligence (AI). The latest

Jul 17, 2024

Zimbabwe to Ensure Smooth Online Payments from Friday

In a circular released by the Reserve Bank, John Mushayavanhu, the Governor of the Central Bank, has announced that all online payment platforms will operate smoothly for all transactions starting fro

Apr 09, 2024

FBC Holdings Shatters Records with Over 1 Trillion in Total Income, Circa 500 Billion in Profit

FBC Holdings, a prominent blue-chip company listed on the Zimbabwe Stock Exchange (ZSE), has reported a total income of ZWL1.3 trillion, representing a substantial 138% increase from ZWL533 billion in

Apr 03, 2024

ART's Quarterly Volumes Decline Again, Faces an Unstable Outlook

Amalgamated Regional Trading Holdings Limited (ART), recorded an overall volumes slump of 9% due to worsening economic headwinds which impacted raw material availability, higher operating costs and li

Feb 19, 2024

Battle of the Heavyweights : Innscor's Bold Move Challenging Delta's Opaque Beer Hegemony

Delta's Revenue soared by 164% to ZWL1.9 trillion in HY'24 Nyathi Beer opaque beer production at 30 000 hectolitres against Delta's 350 000 hectolitres Innscor possesses the firepower to rival Delta's

Nov 20, 2023

Zimbabwe’s Electricity Woes Pose Yuletide Gloom

Harare - Zimbabwe finds itself mired in an ongoing electricity crisis that shows no signs of abating, now expected to persist throughout the festive period. The situation is compounded by multiple fac

Nov 16, 2023

State of the Zimbabwean Banking Sector : The Chase to Zero

During the first half of 2023, the banking sector experienced notable changes in various key indicators. One such indicator was the aggregate total loans, which saw a significant increase of 9.76% in

Oct 23, 2023

Zimplow Sales Surge Amidst Profitability Challenges

Zimplow's sales of goods, reached an impressive ZWL44.7 billion  Zimplow achieved a gross profit margin of approximately 46.54% Zimplow is now making significant strides towards acquiring a 49 percent

Oct 07, 2023