People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce
Jun 19, 2025
People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat
Aug 04, 2025
People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it
Jun 18, 2026
People’s Own Savings Bank has expanded its balance sheet aggressively during the first half of 2026, but the additional deposits and lending have yet to replace earnings lost as regulatory measures c
Sep 01, 2026
The Reserve Bank of Zimbabwe’s intervention in banking charges is beginning to alter the economics of Zimbabwe’s transation-banking franchises, although H1 results show that lower regulated prices hav
Sep 16, 2026
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p
