Search results for 'Finance'
World
GetBucks Microfinance Exhibits Robust Growth in Total Income, yet Faces Challenges in Profitability and Asset Quality
GetBucks Microfinance Bank’s net interest income increased by 62% from ZWL220 million in 2021 to ZWL399 million in 2022. This shows that the bank's lending activities grew significantly during the yea
May 02, 2023
Zimbabwe
Government Amends Sovereign Wealth Fund Act: Will It Revive Struggling State-Owned Enterprises?
The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ
Nov 26, 2024
Zimbabwe
Government Commences Compensation Payments, Marks Milestone in Economic Reforms
The Government of the Republic of Zimbabwe is demonstrating its unwavering commitment to honoring Bilateral Investment Protection and Promotion Agreements (BIPPAs) by compensating investors whose prop
Feb 12, 2025
Zimbabwe
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
Companies
NMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors
NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil
Apr 08, 2025
Top Stories
Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges
President Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h
1 day agoWeekly Currency Market Analysis: Monetary Discipline Anchors ZiG Stability Post-2024 Devaluation
he Zimbabwe Gold (ZiG), backed by reserves estimated at USD 900 million by the Reserve Bank of Zimbabwe (RBZ), has maintained a stable exchange rate, marking over a year of resilience since the Septem
Oct 20, 2025President Mnangagwa Introduces $150 'Presidential Bonus Scheme' for Civil Servants, Further Benefits Planned
he Government of Zimbabwe has introduced a series of measures aimed at improving the welfare of its civil servants, a group that has long grappled with economic hardship. Among these is a presidential
Oct 17, 2025Zimbabwe’s Health Turning Point: Inside the Economics and Humanity of the 2026 National Health Insurance Rollout
In a country where a visit to the doctor can still mean a choice between healing and hunger, Zimbabwe’s plan to launch its National Health Insurance (NHI) in June 2026 represents more than a policy mi
Oct 17, 2025