Search results for 'debt'
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
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
World
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025
Companies
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025
Zimbabwe
Zimbabwe's Macroeconomic Stabilisation: Insights from the 2025 IMF Article IV Consultation
imbabwe's economy has navigated a turbulent path marked by hyperinflation, currency instability, and external shocks, but the 2025 IMF Article IV consultation highlights a tentative stabilisation amid
Oct 09, 2025
Zimbabwe
Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges
President Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h
Oct 21, 2025
Companies
Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
Top Stories
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
21 hours agoSARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
22 hours agoWhat the Invictus PSA Really Means: Legal Framework Signed, Appraisal Wells to Decide the Prize
Invictus Energy has suspended trading in its shares pending a material announcement expected by Friday, which the company has confirmed relates to the imminent signing of a Production Sharing Agreemen
23 hours agoSADC's Grain Supercycle:Zimbabwe Joins Zambia, South Africa in Record-Breaking Bumper Harvest
In the same week that Zambia announced the highest maize harvest in its recorded history, and South Africa confirmed the largest grain crop ever produced on the continent's southern tip, Zimbabwe rel
1 day agoZimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
