Search results for 'Zimbabwe Banking Sector'
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Companies
TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts
TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin
Nov 06, 2025
Companies
The Banking Sector: How Zim Listed Banks Performed, What Shapes the 2026 Outlook
Zimbabwe's six listed banking groups closed the year to December 2025 having generated their strongest aggregate profitability in the post-hyperinflation era, collectively earning an estimated $140 mi
Apr 09, 2026
Zimbabwe
Cheaper Credit, Tight Money: RBZ Cuts Productive Sector Credit Rate, Keeps Liquidity Brakes On
Zimbabwe’s Apex Bank, Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an
Jun 16, 2026
Top Stories
Karo Enters PGM Race at Unki and Mimosa Scale: Valterra Offtake Secures Route to Market Ahead of 2027 Start
Karo Platinum’s five year concentrate purchase agreement with Valterra Platinum removes a major commercial uncertainty from a project that has moved through four years of construction, weaker PGM pric
3 hours agoZimbabwe’s US$1.59bn Investment Pipeline Faces Execution Test: ZIDA Shifts Focus From Licences to Capital Deployment
Zimbabwe has approved almost US$1.59 billion of new investment proposals during the second quarter of 2026, although the more consequential number sits outside the licensing table. It is the amount of
1 day ago
