The value of the business in Zimbabwe is reduced to zero in Group equity value due to the continued impact of hyperinflation on the Zimbabwean economy. However, the Zimbabwe business remained profitab

Africa's financial landscape is undergoing a remarkable transformation, fueled by the swift rise of financial technologies (fintech) and the burgeoning role of artificial intelligence (AI). The latest

NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful

imbabwe Energy Regulatory Authority (ZERA) has increased  fuel prices for the month of February, from January in US dollar terms effective 5 February 2025. Petrol prices increased by 3% to  $1.53 per

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

Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according

It also outlines a governance chain that is intended to reduce counterparty risk. The statement points to independent custody of physical assets by Kreston Zimbabwe, professional asset management by S

Shortly after 1:15 a.m. Eastern Time on 28 February 2026, the United States Central Command initiated what it would later name Operation Epic Fury , a coordinated, large-scale joint offensive with Isr

Buy Zimbabwe, an advocate for promoting local production and reducing reliance on imports, says Zimbabwe should deepen its domestic fuel supply chains to shield the economy from global volatility. Th

FBC Holdings, one of Zimbabwe's largest diversified financial services groups with operations spanning commercial banking, building society activities, insurance, and microfinance, has disclosed at an

Harare-Effective 2 April 2026, ZERA set diesel at US$2.11 per litre and petrol blend E5 at US$2.23, citing a 33.16% rise in the diesel FOB price since the last review as a direct consequence of the Ir

Edgars Stores Limited has reported profit after tax of USD 1.947 million on total revenue of USD 41.3 million for the 52 weeks ended 4 January 2026. That is a net margin of 4.7% on a revenue base that

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Zambia imports a substantial portion of its refined petroleum products through Zimbabwe, transiting Beit Bridge and travelling north along the Harare-Chirundu highway corridor before crossing into Lus

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.