Search results for 'deposit growth'
Companies
Currency Switch Costs TN CyberTech Bank ZWG61m in Hidden Earnings

TN CyberTech Bank Limited, the institution that spent decades as TN Bank, then Steward Bank, before shedding both identities in 2025 has reported a profit after tax of ZWG129 million for the ten month

Apr 13, 2026
Companies
First Capital’s Deposit Base Surges as Customer Confidence Deepens

First Capital Bank has reported total income of USD 23 million for the first quarter ended 31 March 2026, a 20% increase on the prior year according to the latest trading update. Customer deposits gr

May 21, 2026
Companies
POSB Profit Falls 42%, Fee Squeeze Outruns 37% Deposit Growth

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
Companies
Insurance Nearly Matches Banking Profit at ZB as Group Earnings Mix Shifts

ZB Financial Holdings' insurance businesses has almost matched banking operations in profit before tax during the first half of 2026, producing the clearest shift in the group's earnings mix as weaker

Sep 02, 2026
Companies
CBZ Holdings Operating Income Falls 41% as Expected Credit Loss Charge Rises Sixfold in First Half

CBZ Holdings’ profit after tax fell 20.3% to ZWG691.6 million in the half year ended June 2026 from ZWG868.1 million a year earlier, with the deeper earnings deterioration occurring before tax as high

Sep 03, 2026

Top Stories

Inflation Rises to 4.3% as Hidden Costs of ZiG Stability Come into Focus

Zimbabwe's annual ZiG inflation accelerated to 4.3% in October 2026 from 3.7% in September and 2.9% in August, as higher transport costs placed renewed pressure on consumer prices. Annual US-dollar in

1 day ago

Zimbabwe Nears Fresh Milk Self-Sufficiency Target, Dairibord Expands Capacity

imbabwe's commercial milk production is projected to nearly double to 131 million litres in 2026 from 66 million litres in 2017, as years of herd rebuilding, agricultural financing and dairy-sector re

1 day ago

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

Oct 22, 2026

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

Oct 22, 2026

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026