Search results for 'Banking Sector'
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
Sep 20, 2024
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Companies
TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts
TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin
Nov 06, 2025
Botswana
Standard Chartered Exits Botswana Business ,Deepens Retreat from African Markets
Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to reassess risk, sca
Jan 13, 2026
Companies
The Banking Sector: How Zim Listed Banks Performed, What Shapes the 2026 Outlook
Zimbabwe's six listed banking groups closed the year to December 2025 having generated their strongest aggregate profitability in the post-hyperinflation era, collectively earning an estimated $140 mi
Apr 09, 2026
Top Stories
Tigere REIT Leads Peers with Doubled Q1 Net Property Income, Four Yield Accretive Acquisitions Planned for 2026
Tigere Real Estate Investment Trust has once again set the pace among Zimbabwe's listed REITs, delivering a standout first quarter performance that reflects its dominance over smaller and newer peers
Apr 09, 2026Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026Eagle REIT Executes Major Portfolio Expansion Despite Lower Reported Profit from Reduced Stand Sales
Eagle Real Estate Investment Trust, Zimbabwe's first dollar listed reit, has delivered a textbook development-focused performance in 2025, prioritising long-term value creation over short-term trading
Apr 09, 2026Morgan & Co ETF Delivers 21% Return and Strong Real NAV Growth in 2025, Despite Trailing Broader Market
The Morgan & Co Made In Zimbabwe Exchange Traded Fund has posted a solid 21% total return for the year ended 31 December 2025, generating a meaningful positive real return after comfortably beating ye
Apr 09, 2026FBC Holdings Reports 84% Profit Jump , Core Trading Income Surges 34% and Now Dominates Revenue Mix
FBC Holdings Limited has delivered a markedly stronger underlying performance in 2025, posting an 84% increase in profit before tax to ZWG 815.2 million from ZWG 443.7 million the prior year, while pr
Apr 09, 2026
