Search results for 'financial services'
Zimbabwe
RBZ Partners Homelink to Solve ZiG Cash Crisis: A Swing or Sink Idea?

he government has partnered with Homelink, a financial services company, to address the ZiG cash crisis that has bewildered the economy. This crisis has led to a rounding up of previously valued produ

Jun 06, 2024
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
Zimbabwe
VFEX Achieves Record Turnover in Q1 2025, Driven by Local Investor Confidence

The Victoria Falls Stock Exchange (VFEX) posted a remarkable Q1 2025, driven by local investors who powered a record-breaking turnover of $58.5 million and a historic daily high of $40.1 million on Fe

Apr 15, 2025
Companies
ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

May 15, 2025
Companies
FBC Holdings Starts 2025 on Firmer Note, Loan Base Surpasses 9 Billion

FBC Holdings, one of the leading financial services provider has reported a loan base of ZWG 9.56 billion in the first quarter (Q1) of 2025, supporting the strong asset base of ZWG 19.9 billion. The

May 15, 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
Markets
VFEX Turnover More than Quadruples to US$58.5 Million in Q1 2025

The Victoria Falls Stock Exchange (VFEX), a dynamic subsidiary of the Zimbabwe Stock Exchange (ZSE), has solidified its role as a catalyst for Zimbabwe’s ambitious International Financial Services Cen

Jun 25, 2025
Companies
NMBZ Acquires 100% Stake in EFC Zambia

NMBZ Holdings Limited a Zimbabwe headquartered diversified financial service group  has acquired a 100% stake in Entrepreneurs Financial Centre (EFC) Zambia, completing a strategic cross-border transa

Jan 23, 2026
Zambia
Izwe Loans Zambia Caps Multi-Year Transformation with Profit Growth, Cash Flow Turnaround

Izwe Loans Zambia Plc has successfully completed its transformation into a diversified, digital-first financial services provider, delivering robust audited results for the year ended 31 December 2025

Mar 20, 2026
World
Why Investors Are Increasingly Choosing Kenya

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

Jun 23, 2026
Zimbabwe
VFIFC Licences First 38 Firms, Creates USD Safe Zone Amid De-Dollarisation Push

Thirty eight companies received operating licences at a Victoria Falls International Financial Centre (VFIFC ) licence ceremony held in Harare yesterday, marking the operational launch of a financial

Jun 30, 2026

Top Stories

National Breweries Posts First Profit in Years: Real Story Behind the Turnaround

National Breweries, Zambian beverages behemoth listed on the Lusaka Securities Exchange has reported a profit before tax of ZMW 277.3 million, equivalent to USD 14.3 million at the confirmed closing r

1 hour ago

Corporate Zimbabwe Is Falling Behind the AI Productivity Curve

Zimbabwean companies are entering the second half of 2026 with limited artificial intelligence deployment across work, agriculture, healthcare, finance, security and transport, according to the latest

2 hours ago

Karo Platinum Crosses Critical Execution Milestone as Tharisa Deepens Zimbabwe Investment

Tharisa increased capital deployment into Karo during the quarter despite weaker platinum group metal prices, signalling confidence in the project’s long term economics.

14 hours ago

SECZim Expands Into Digital Markets as Securities Levy Income Declines

The Securities and Exchange Commission of Zimbabwe is repositioning itself for a future where capital market growth is driven by digital assets, carbon finance and financial technology as declining se

22 hours ago

Airtel Zambia Delivers 44% Operating Margin, Returns 90% of Earnings as Dividend

Airtel Networks Zambia has reported revenue of ZMW 2,344 million, approximately USD 120.8 million at the confirmed closing rate of ZWM 19.4 per US dollar as at 31 March 2026, for the first quarter end

22 hours ago

Zimbabwe's Internet Traffic Jumps 57% in Q1 2026

Zimbabwe’s digital economy is beginning to consume data much faster than it is adding internet users, forcing telecommunications operators, technology companies and policymakers to redirect investment

1 day ago

ZCCM-Investments Holdings Swings from $1.5 Bn Profit to $110 Mn Loss: The Real Story Behind the Numbers

ZCCM Investment Holdings, Zambia's only listed diversified mining and energy investment company, reported a net loss of ZMW 2.79 billion, equivalent to USD 110.7 million, for the year ended 31 Decembe

1 day ago

New Cement Player Enters Zimbabwe : Shuntai
Sets September 2026 Launch After $200M
Project Build

Shuntai Investments, a Chinese-owned emerging cement producer, plans to begin operations at its integrated Chegutu plant in September 2026 after investing about US$120 million in cement production and

1 day ago