Search results for 'digital banking'
Companies
EcoCash Holdings’ HY Performance: Posts 185% Deposits Surge, 91% Loan Growth

EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa

Nov 20, 2024
Companies
Omni-Channel Platform Fuels 80% Revenue Growth for EcoCash Holdings

EcoCash Holdings has reported an 80% increase in revenue for the quarter ended 30 November 2024 from a decline of ZWG 5 billion in the six months ended 31 August 2024 due to improved operational effic

Jan 14, 2025
Companies
CBZ's Q1 Performance: A Robust Start Amid Economic Uncertainty

CBZ Holdings kicked off 2025 with a stellar first-quarter performance, highlighting its resilience and strategic focus in a challenging economic environment. The Group reported a profit after tax of

Apr 29, 2025
Companies
NMB to Launch Enhanced Mobile Banking Application, Posts Robust Q1 Performance

NMB Bank is set to launch an enhanced mobile banking application for corporate and individual clients in the second quarter of 2025, aiming to elevate customer experience and drive fintech innovation,

May 19, 2025
Companies
TN CyberTech Bank to Become Zimbabwe’s First Neobank

TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February

Jun 10, 2025
Companies
EcoCash Holdings Rebrands to TN CyberTech Investments

EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’

Jun 17, 2025
Companies
POSB Invests in Real Estate to Hedge ZiG Inflation

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

Aug 04, 2025
Companies
Former ABSA Botswana Director Mthimkhulu Joins CBZ Bank as MD

CBZ Bank, Zimbabwe’s largest financial institution by deposits and assets, has appointed Valeta Mthimkhulu as its new Managing Director, marking a significant milestone in the bank’s leadership journe

Aug 08, 2025
Companies
NMBZ Loan Book Surges 18% as Bank Bets on Exporters

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Sep 02, 2025
Companies
TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts

TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin

Nov 06, 2025
Companies
ZB Bank Eyes Loan Book Growth on Fresh Credit Facilities

ZB Financial Holdings Limited (ZBFH) is expecting to underwrite more business from newly issued credit lines, a move set to drive sustained growth in its loan book and strengthen its core lending oper

Nov 11, 2025
Companies
Nedbank Hits Historic 8 Million Client Milestone in 2025, Eyes 66% Stake in NCBA Group

Nedbank Group, one of South Africa's four major banks, has achieved a historic milestone by reaching 8 million clients for the first time in its nearly 140-year history according to the latest circula

Mar 03, 2026

Top Stories

Revenue Down, Losses Doubled: Puma's Results Expose Hidden Cost of a Stronger Kwacha

Puma Energy Zambia, the country's listed downstream fuel distributor and one of the most recognisable names at the Zambian pump, has reported full year results for 2025 that lay bare a business under

18 hours ago

Selling Itself to Survive: Decoding Standard Chartered Zambia's 2025 Performance

Standard Chartered Bank Zambia, the country's oldest international lender and one of the most recognisable names in its corporate banking landscape, has reported full year results for 2025 that tell t

19 hours ago

More Duty, Less Revenue: How Zambia's Tobacco Crackdown Built a Black Market Instead

BAT Zambia, the country's only listed tobacco manufacturer and the dominant player in Zambia's formal cigarette market, has reported a year in which profit grew but the business shrank, a paradox that

1 day ago

Zimbabwe's Hydrocarbon Hunt: What Invictus's Losses Reveal Now

When Invictus Energy, an Australian-listed junior explorer, first announced it had struck a discovery of gas-condensate and light oil in the Cabora Bassa Basin of Zimbabwe, it felt like the birth of a

1 day ago

First Quantum Offloads Turkish Copper Mine for $340Mn, Tighten Focus on Core Assets

First Quantum Minerals, one of the world’s leading copper producers and Zambia’s single largest taxpayer in the mining sector has entered into a binding agreement to sell its Çayeli copper-zinc mine i

Mar 13, 2026

Vamara Group to Acquire 100% Ownership of Dendairy Zimbabwe

The Competition and Tariff Commission (CTC) has greenlit the acquisition of Dendairy (Private) Limited by Vamara Group Limited, a subsidiary of the Mauritius-registered Export Trading Group (ETG), in

Mar 13, 2026

CEC Renewables More than Doubles Solar Capacity as Profits Surge 63%

CEC Renewables Limited, a wholly owned subsidiary of CEC PLC and a pivotal player in Zambia's burgeoning green energy sector, has reported a robust 63% surge in profit after tax for the year ended Dec

Mar 13, 2026

Gold Weekly Commentary: Yellow Metal Rockets 20% YTD as Dollar Crumbles

Gold prices have continued their relentless climb, reaching US$5,222 per ounce by late February 2026, marking a 5% gain for the month and a remarkable 20% year-to-date increase, according to W

Mar 13, 2026