Search results for 'Banking'
Companies
Crown Bank Profit Hits US$3.3m as FBC Rebuilds Acquired Standard Chartered Franchise
Crown Bank generated US$3.3 million in profit before tax during the first half of 2026, up 344.3% year on year, as FBC Holdings rebuilt the former Standard Chartered Zimbabwe franchise following disru
Aug 28, 2026
Companies
TN CyberTech Adopts 50% Payout Policy, Declares US$2.8 Million Interim Dividend in HY 2026
TN CyberTech Investments ,the Zimbabwe Stock Exchange-listed holding company formerly known as EcoCash Holdings Zimbabwe, has declared an interim dividend of 0.06674934 US cents per share for the six
Sep 02, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half
CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high
Sep 03, 2026
Zimbabwe
ZB Taps Fintech Executive Matsaudza to Turn Digital Investment Into Core Banking Growth
Matsaudza brings more than 17 years of experience across African financial and telecommunications markets. ZB’s appointment announcement says he previously served as Managing Director of O’mari, the f
Sep 04, 2026
Zimbabwe
Five Years of Growth, Limited Job Gains: World Bank Flags Zimbabwe’s Productivity Gap
The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont
Sep 07, 2026
Companies
CABS Signs US$30m BII Partnership to Finance Zimbabwe’s Agriculture and Food Exporters
CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency
Sep 24, 2026
World
British International Investment’s US$50 Million Return Reshapes Zimbabwe’s Productive Finance
British International Investment’s US$50 million commitment through CABS and NMB Bank places long-term foreign development capital back into the part of Zimbabwe’s economy where financing constraints
Sep 28, 2026
Zimbabwe
Government Eyes Record US$3 Billion Current Account Surplus, Forex Inflows Surge 48%
Zimbabwe is projecting a record current account surplus exceeding US$3 billion by December 2026, supported by a 47.8% surge in foreign currency inflows during the first half of the year, although the
Oct 15, 2026
Zimbabwe
Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
