Search results for 'African Financial Services'
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
More Markets, Less Money: FBC Re Botswana's Expansion Test

FBC Re Botswana expanded its footprint to 21 African markets during the first half of 2026, six more than a year earlier, while revenue fell 41.5% to US$470,000 and profit before tax declined 56% to U

Aug 31, 2026
Zimbabwe
Old Mutual Tests Zimbabwe’s Return to Group Earnings After Seven-Year Ring-Fence

Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years

Sep 08, 2026

Top Stories

Inflation Rises to 4.3% as Hidden Costs of ZiG Stability Come into Focus

Zimbabwe's annual ZiG inflation accelerated to 4.3% in October 2026 from 3.7% in September and 2.9% in August, as higher transport costs placed renewed pressure on consumer prices. Annual US-dollar in

1 day ago

Zimbabwe Nears Fresh Milk Self-Sufficiency Target, Dairibord Expands Capacity

imbabwe's commercial milk production is projected to nearly double to 131 million litres in 2026 from 66 million litres in 2017, as years of herd rebuilding, agricultural financing and dairy-sector re

1 day ago

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026