Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i
May 27, 2024
First Capital Bank's loans to customers in HY24 increased to ZWG1.3 billion (US$94.7 million) from ZWG1.2 billion (US$86.1 million) at the end of 2023, reflecting a growth rate of 11.2%. This positiv
Aug 30, 2024
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
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful
Nov 19, 2024
Zimbabwe, as the nation braces for widespread power outages as two vital units at Hwange Power Station are set for Class B maintenance and statutory maintenance between March and May. This follows th
Mar 03, 2025
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
The Zimbabwe Gold (ZiG) has reached an exchange rate of 26.7724 today, continuing a period of relative calm that began in early June 2025. This stability in both the official and parallel markets is
Kavango Resources plc, a London-listed mineral exploration company, is entering the final stages of its planned secondary listing on the Victoria Falls Stock Exchange (VFEX), with official trading sch
The demand for gold grew significantly in the second quarter, reaching a record value of $132 billion, a 45% increase from the previous year according to the World Gold Council. The total amount of g
Largest seed company,Seed Co Limited has recorded a 59% drop in sales volumes for the first quarter ended 30 June 2025, according to the company’s latest trading update. The drop was driven by the ab
Zimbabwe’s banking sector has demonstrated notable strength in the first half of 2025, as highlighted by Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, in th
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
The 2025 Mid-Term Budget and Economic Review, themed "Building Resilience for Sustained Economic Transformation," sets the stage for Zimbabwe’s fiscal and economic trajectory in the second half of the
President Donald Trump’s new tariff regime kicks off today, on the first of August 2025, with Zimbabwe facing a 15% ad valorem tariff on its exports to the United States, moderated from an initial pro
