Search results for 'Banking'
Companies
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
Apr 07, 2026
Companies
FBC 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
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
Zimbabwe
Zimbabwe Cuts Banking Costs: New Reforms Target MSME Formalisation, ZiG Adoption
For years, the cost of formal banking has pushed Zimbabwe's MSME economy into cash and informality. The financial sector reforms announced on 12 May directly attack that dynamic. Their success will be
May 13, 2026
Companies
NMB vs First Capital: What Q1 Results Reveal About Two Different Banking Strategies
NMB Holdings, has reported profit after tax of USD 8.34 million for the first quarter ended 31 March 2026, against USD 2.52 million in Q1 2025, a 231% increase according to the latest trading update.
May 21, 2026
Companies
Zimbabwe's Bigest Bank Profit Falls 33% as Fee Income Model Comes Under RBZ Pressure
CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro
May 25, 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
Macro Success, Micro Failure: Inflation Drops Dramatically, Social Welfare Lags Behind
Zimbabwe’s May 2026 inflation data, released by the Zimbabwe National Statistics Agency, confirmed a picture that is simultaneously encouraging and instructive. Annual blended inflation was 3.2%, whil
11 hours agoNo 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
