Search results for 'interest income'
Companies
A Billion-Dollar Quarter: CBZ’s Q3 Performance

Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th

Nov 10, 2024
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
Companies
CBZ Net Interest Income Rises 14% to ZWG1.39 Billion

CBZ Holdings, a diversified blue-chip company listed on the Zimbabwe Stock Exchange, has reported a 14% increase in net interest income, reaching ZWG1.39 billion for the full year ended 31 December 20

Apr 03, 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
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
Finance
Zimbabwe’s New Banking Reality: The Informal Sector Holds the Future

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Apr 22, 2026
Companies
What Do ZB’s Q1 Results Say Against Other Banks?

ZB Financial Holdings’ reported first quarter 2026 results have seen a divergent performance across its four core revenue streams, characterised by both growth and declines. Commissions and fees grew

May 21, 2026
Zimbabwe
No More Easy Fees: RBZ's Reforms Marks the End of Transactional Rent-Seeking for Banks

For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,

May 25, 2026

Top Stories

Zambia's Economy Accelerates to 7.7% , Agriculture Leads Broad-Based Recovery

Zambia's economy expanded by 7.7% during the first quarter of 2026, marking its fastest quarterly growth in several years as a strong agricultural recovery, improving domestic demand and expanding ser

3 hours ago

Zimbabwe’s Winter Wheat Planting Target Surpasses 125,000ha Benchmark, ARDA Achieves 92% Planting Goal

Zimbabwe’s wheat planting programme has reached 128,459 hectares, surpassing the national target of 125,000 hectares by approximately 3,459 hectares or 2.8%. The Agricultural and Rural Development Au

5 hours ago

Proplastics Exports Surge 139% in Five Months, Hits 97% USD Revenue

Proplastics Limited, Zimbabwe's only listed manufacturer of PVC piping and infrastructure systems, has seen a 139% surge in export sales in the first five months of 2026, rising from a 4% contribution

6 hours ago

Proplastics Exports Surge 139% in First Five Months of 2026, Volumes Up 26%

Proplastics Limited, the Zimbabwe Stock Exchange-listed manufacturer of plastic piping systems that underpin water infrastructure, sanitation, irrigation, and construction across Zimbabwe, has record

8 hours ago

Why Dairibord is Becoming the Latest Corporate Delisting from the ZSE

Dairibord Holdings is set to be the latest delisting form the Zimbabwe Stock Exchange according to the latest circular to shareholders. Dairibord Holdings led the ZSE's gainers on Wednesday 24 June 2

11 hours ago

Operational Reactivation: RioZim’s Q1 Gold Output Eclipses Entire 2025 Production

Resuscitating mining giant, RioZim Limited has produced 92 kilograms of gold in the first quarter of 2026 from Renco Mine, an exponential increase from the 6 kilograms produced in the same quarter of

1 day ago

RTG Lifts Q1 2026 Revenue to US$11.4m as Occupancy and Room Yields Rise

Rainbow Tourism Group Limited (RTG), Zimbabwe’s second-largest hotelier, has recorded a 32% increase in revenue to US$11.41 million for the first quarter ended 31 March 2026, from US$8.65 million in t

1 day ago

Zimbabwe's Economy Expands to US$59.7 Billion as GDP is Rebased to 2025

With GDP reaching approximately US$59.7 billion at current prices, the latest estimates provide an updated benchmark for policymakers, investors, businesses and development partners seeking to underst

Jun 23, 2026