Search results for 'Debt'
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
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
World
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025
Zimbabwe
Zimbabwe's Macroeconomic Stabilisation: Insights from the 2025 IMF Article IV Consultation
imbabwe's economy has navigated a turbulent path marked by hyperinflation, currency instability, and external shocks, but the 2025 IMF Article IV consultation highlights a tentative stabilisation amid
Oct 09, 2025
Zimbabwe
Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges
President Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h
Oct 21, 2025
Companies
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
Top Stories
Zimbabwe Approves USD 92Mn PPP to Unlock 1,200 Hectares at Victoria Falls: The Largest Single Land-Backed Infrastructure Deal
Government has approved a Public Private Partnership for the development of bulk infrastructure on Lot 1 of Jafuta Estate within the Masuwe Special Economic Zone in Victoria Falls, committing a combin
15 hours agoZimbabwe Projects Cereal Surplus of Up to 965,000 Metric Tonnes Through March 2027 as Soyabean Output More Than Doubles
Zimbabwe has projected a national cereal surplus of between 550,945 and 964,945 metric tonnes through to March 2027, with total cereal production for the 2025/2026 summer season estimated at 2.74 mill
19 hours agoZimbabwe's Largest Hotel Group Exits VFEX: Reasons Say More About the Exchange Than Company
African Sun Limited has ceased to be a listed company at midnight on Monday, 20 April 2026, becoming effective from that date a Public Unlisted Company following the formal termination of its listing
1 day ago
