When the Competition and Tariff Commission approved the acquisition of Makasa Sun by ASB Hospitality LLC without conditions in February 2026, the regulatory decision ran to a paragraph. The transactio

CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro

For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Zimbabwe’s Apex Bank,  Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an

Foreign currency inflows into Zimbabwe's banking system reached USD 8.3 billion in the five months to 31 May 2026, against USD 6 billion in the same period of 2025, a 39.1% year-on-year increase that

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

Zimbabwe's Food Poverty Line for one person stood at ZWG 921.72 in June 2026, the amount ZimStat calculates as necessary to afford the daily minimum energy intake of 2,100 calories on its confirmed co

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

Green Hybrid Power and the Intensive Energy Users Group are targeting financial close by October 2026 on a US$400 million floating solar project at Lake Kariba. Intensive Energy Users Group (IEUG) ch

Zambia commissioned the 100MW second phase of the Chisamba Solar Power Plant on 21 July 2026, doubling installed capacity at the Central Province site to 200MW and creating the country’s largest solar

Finance, Economic Development and Investment Promotion Minister , Professor Mthuli Ncube has told Treasury will widen the range of taxes payable only in Zimbabwe Gold, a measure due in the 2026 Mid-Te

Zimbabwe’s platinum industry has entered its strongest cash generation window in years while part of the capital required to sustain output, replace equipment and approve expansion remains locked in u

Zimbabwe’s debt resolution programme has reached the point where its credibility will be judged by two payments moving in opposite directions across the same public balance sheet. Treasury needs about

Nedbank has set a target for one fifth of its earnings to come from outside South Africa as it reshapes its business around Southern and East Africa through the acquisition of a controlling stake in K