Search results for 'debt'
Companies
ZB Bank Boosts Lending Income 27% Despite Slow Growth: Bets Big on Digital Fixes
ZB Bank Limited, the flagship of ZB Financial Holdings (ZBFH), saw income from lending activities net of recoveries climb 27% to ZWG370 million in 2024 from ZWG292 million in 2023, despite sluggish lo
Apr 03, 2025
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
World
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025
Top Stories
Nampak Sustains 1HY Profitability Despite Soft Volumes: Targets Regional Markets for Growth
Nampak Zimbabwe, the country’s largest packaging firm, reported a challenging first half of 2025, with revenue declining by 17% to US$38 million from US$45.78 million in the prior year, as detailed in
1 day agoZimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025