Search results for 'Net Interest Income'
Companies
A Billion-Dollar Quarter: CBZ’s Q3 Performance

Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th

Nov 10, 2024
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
Companies
CBZ Net Interest Income Rises 14% to ZWG1.39 Billion

CBZ Holdings, a diversified blue-chip company listed on the Zimbabwe Stock Exchange, has reported a 14% increase in net interest income, reaching ZWG1.39 billion for the full year ended 31 December 20

Apr 03, 2025
Companies
What Do ZB’s Q1 Results Say Against Other Banks?

ZB Financial Holdings’ reported first quarter 2026 results have seen a divergent performance across its four core revenue streams, characterised by both growth and declines. Commissions and fees grew

May 21, 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

Mining Slump Clouds Zimbabwe’s Q1 2026 GDP

Zimbabwe’s economy lost momentum in the first quarter of 2026 as a sharp contraction in mining weighed on growth, underscoring the economy’s continued reliance on the extractive sector despite improvi

1 day ago

FMP Terminates ZSE Listing, Extends Corporate Exit Cycle

First Mutual Properties Limited has voluntarily terminated its listing on the Zimbabwe Stock Exchange effective 2 July 2026, moving a US$140.07 million property platform into an unlisted structure bui

1 day ago

Gold Carries Zimbabwe’s Economy: What Happens When Prices Self-Correct?

Zimbabwe's May 2026 exports stood at $884 million, with $464 million of that, 52.5%, coming from semi-manufactured gold. The United Arab Emirates absorbed $448.7 million of total exports, the majorit

Jul 02, 2026

Zimbabwe Spends US$20 Million on Imported Power in May

Zimbabwe spent US$20.12 million importing electrical energy in May 2026, the highest monthly electricity import bill since September 2024. The payment rose 43.8% from US$13.99 million in April and sto

Jul 02, 2026

The O-Mari Effect: Mobile Money War Goes Physical, NetOne Remains Idle

Zimbabwe's mobile money sector has entered a new phase, one in which the platform that wins will not be the one with the biggest digital wallet but the one that can put physical cash in a customer's h

Jul 02, 2026

Star Africa Swings Back to Profit Despite Lower Turnover, Targets Stronger FY2027 Recovery

Star Africa Corporation Limited, Zimbabwe’s sugar producer and distributor’s turnover declined 9% to $58.1 million from $63.9 million in the prior year primarily driven by strategic price reductions

Jul 02, 2026

PPC Arlington Sale Lapses ,US$30 Million Capital Allocation Plan Returns to Drawing Board

Pretoria Portland Cement Zimbabwe's planned monetisation of its 418-hectare Arlington Estate has been pushed back after the disposal agreement with Transvaal Africa lapsed following the purchaser's fa

Jul 02, 2026

Hippo Valley Posts Standout FY26 Performance, FY27 Tests Its Earnings Base

Hippo Valley Estates Limited, Zimbabwe's largest ZSE listed sugar producer, has reported a revenue growth of $220.8 million, a 15% increase from $191.6 million according to the latest results for the

Jul 02, 2026