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
Companies
ZimRe Bets on Reinsurance Capital Injection After 28% Revenue Jump to USD26.4m

ZimRe Holdings Limited, a diversified financial services group will prioritise recapitalising its reinsurance cluster during the remainder of 2026 as part of the Great Africa Trek, using additional ba

Jul 30, 2026

Top Stories

Nedbank Targets One Fifth of Earnings Outside South Africa After NCBA Deal

Nedbank has set a target for one fifth of its earnings to come from outside South Africa as it reshapes its business around Southern and East Africa through the acquisition of a controlling stake in K

22 minutes ago

Zimbabwe Posts Strongest Export Month on Record: Export Concentration Reaches 87%

Zimbabwe has recorded its highest monthly export value on record at least six years in June 2026, with merchandise exports rising 63.1% from May to US$1.442 billion. Imports increased 11.5% to a reco

3 hours ago

Zimplats Holds Matte Output Ahead of an Earnings Rebound

Zimplats has held production in matte at 606,300 6E ounces in the year ended June 2026 after mining and milling improvements lifted concentrate output 5% to 660,400 ounces. The flat final output conce

5 hours ago

Meikles Returns to Profit, TM Pick n Pay Rebuilds Market Share

Meikles Limited has delivered the clearest evidence yet that its core supermarket business is emerging from years of losses. For the year ended 28 February 2026, the Group swung to an operating profit

1 day ago

RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma

Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property

1 day ago

Kavango Begins Live Processing at Hillside Gold Project

Kavango Resources has entered a decisive phase in its Zimbabwe growth strategy after commissioning its 50 tonne per day gold processing plant at the Hillside Gold Project, shifting the company from ex

1 day ago

Building Hotels Without Building Hotels: How RTG Is Turning Existing Assets Into Its Next Growth Engine

Hospitality companies have traditionally expanded through a simple formula, acquire another property, build another hotel or borrow against the balance sheet to create additional room inventory. Howev

1 day ago

Zimbabwe Quietly Rewrites Its Growth Model: Why Treasury Is Designing The Economy For Resilience Instead Of Recovery

Zimbabwe's Mid Term Budget Review and the 2027 Budget Strategy Paper reveal a policy shift that is larger than the headline numbers on growth, inflation or revenue. Together they show Government movin

2 days ago