Search results for 'FBC'
World
FBC Holdings Limited Acquires Standard Chartered's Business in Zimbabwe

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 08, 2023
Companies
RTG Eyes Strategic Acquisition

Hospitality concern, Rainbow Tourism Group (RTG) is eyeing a strategic acquisition to expand its business and enhance shareholder value. In a cautionary statement, the Group said the acquisition inv

Jul 07, 2023
Companies
FBC Holdings Smashes Profit Records

FBC Holdings Limited, a diversified group listed on the Zimbabwe Stock Exchange (ZSE), has achieved an impressive profit after tax (PAT) of ZWL366 billion for the half-year period ended June 30, 2023.

Sep 01, 2023
Companies
FBC Holdings' Income Exceeds ZWG2 Billion Despite Currency Carnage

FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u

Sep 19, 2024
Zimbabwe
FBC Unveils Premium Mastercard with Exclusive Perks, Connects Zimbabwe to Global Markets

Zimbabwe’s titan bank, FBC Holdings, has launched a new family of FBC Premium Mastercard products yesterday at the Hyatt Regency Hotel in Harare. It is linked to both USD and Zimbabwe Gold (ZWG), an

Feb 26, 2025

Top Stories

Vast Resources Discovers Additional 6,055 Carats of Diamonds in Marange Parcel

Vast Resources plc, a London-based junior mining company listed on the Alternative Investment Market (AIM), has discovered additional 6,055.35 carats of gem-quality diamonds during the classification

21 hours ago

Zimbabwe's Fuel Prices Hold Steady Despite Global Oil Price Collapse

Zimbabwe’s fuel prices have remained static for both petrol and diesel in May, according to  energy regulator,  Zimbabwe Energy Regulatory Authority (ZERA). Petrol continues to retail at US$1.53 per

1 day ago

USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development

The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif

1 day ago

Lake Kariba's Water Level Increases to 15%

Lake Kariba is witnessing a steady rise in water levels fuelled by sustained inflows from the Zambezi River, according to the latest hydrological bulletin. This upward trend, though modest has sparke

1 day ago

Gold Quarterly Snap: China Leads Demand, Jewellery Consumption Hits 35 Billion in Just 3 Months

Global gold demand soared to a record 1,206 tonnes in the first quarter of 2025, the highest Q1 figure since 2016, driven by a 1% year-on-year increase that included over-the-counter (OTC) investment.

May 07, 2025

After 3-Month Pause, Zimbabwe Gold Exports Surge to 246.9 Million

Gold export earnings have resumed an upward trajectory in March 2025, climbing to $246.87 million, a 14% increase from February’s $216.86 million, marking the first rise since November 2024 when a rec

May 07, 2025

Zimbabwe Electricity Crisis to Worsen as Hwange Faces Technical Faults

Zimbabwe is bracing for prolonged power cuts this week as several units at the Hwange Thermal Power Station, the country’s largest power plant, are offline, intensifying an already critical electricit

May 06, 2025

Proplastics Sees 11% Production Boost in Q1 25

Proplastics Limited, a Zimbabwe Stock Exchange listed plastics manufacturer and distributor, has reported a 11% jump in production for the first quarter of 2025, according to its latest trading update

May 06, 2025