Search results for 'expansion'
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
Companies
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
Jun 02, 2025
Companies
Caledonia Mining Boosts Gold Production Prospects at Blanket Mine with Encouraging Drill Results
Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drill programme at its owned Blanket Mine. This will improve gold production at Blanket, whi
Jun 24, 2025
Companies
Caledonia Raises FY Gold Production Guidance After Blanket’s Q2 Record Production
Caledonia Mining Corporation, Zimbabwe's third largest gold producer, has seen a record-breaking second quarter for gold production in 2025, with output reaching 21,070 ounces (597.32 kg), surpassing
Jul 16, 2025
Companies
Edgars Lines Up New Store Openings with Quality Affordable Clothes to Take on Informal Sector
Edgars Stores Zimbabwe Limited, a prominent fashion retailer established in 1946 by Sydney Press, has been a cornerstone of Zimbabwe’s retail landscape for over 77 years, catering primarily to middle
Jul 23, 2025
Companies
CBZ’s Digital Push Yields ZWG 2 Bn in Non-Funded Income, Interest Income Nears 1 Bn
CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi
Aug 22, 2025
Companies
Padenga Net Profit Soars 200% as Gold Rally Turns Global Chaos into Windfall
Padenga Holdings Limited, Zimbabwe’s largest listed gold producer, has more than tripled its profit after tax (PAT) for the half year to 30 June 2025, closing at US$26.4 million compared to US$9.2 mil
Sep 26, 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
