Search results for 'digital banking'
Companies
EcoCash Holdings’ HY Performance: Posts 185% Deposits Surge, 91% Loan Growth

EcoCash Holdings reported a 185% surge in deposits to ZWG1.37 billion for the six months ended August 31, 2024, compared to ZWG483 million in the corresponding 2023 period. This significant growth wa

Nov 20, 2024
Companies
Omni-Channel Platform Fuels 80% Revenue Growth for EcoCash Holdings

EcoCash Holdings has reported an 80% increase in revenue for the quarter ended 30 November 2024 from a decline of ZWG 5 billion in the six months ended 31 August 2024 due to improved operational effic

Jan 14, 2025
Companies
CBZ's Q1 Performance: A Robust Start Amid Economic Uncertainty

CBZ Holdings kicked off 2025 with a stellar first-quarter performance, highlighting its resilience and strategic focus in a challenging economic environment. The Group reported a profit after tax of

Apr 29, 2025
Companies
NMB to Launch Enhanced Mobile Banking Application, Posts Robust Q1 Performance

NMB Bank is set to launch an enhanced mobile banking application for corporate and individual clients in the second quarter of 2025, aiming to elevate customer experience and drive fintech innovation,

May 19, 2025
Companies
TN CyberTech Bank to Become Zimbabwe’s First Neobank

TN CyberTech Bank Limited, formerly known as Steward Bank, is set to become Zimbabwe’s first neobank, according to EcoCash Holdings’ latest full-year financial statement for the year ended 28 February

Jun 10, 2025
Companies
EcoCash Holdings Rebrands to TN CyberTech Investments

EcoCash Holdings Zimbabwe Limited has officially changed its name to TN CyberTech Investments Holdings Limited, marking a significant milestone in the company's evolution according to Ecocash holding’

Jun 17, 2025
Companies
POSB Invests in Real Estate to Hedge ZiG Inflation

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
Companies
Former ABSA Botswana Director Mthimkhulu Joins CBZ Bank as MD

CBZ Bank, Zimbabwe’s largest financial institution by deposits and assets, has appointed Valeta Mthimkhulu as its new Managing Director, marking a significant milestone in the bank’s leadership journe

Aug 08, 2025
Companies
NMBZ Loan Book Surges 18% as Bank Bets on Exporters

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Sep 02, 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
ZB Bank Eyes Loan Book Growth on Fresh Credit Facilities

ZB Financial Holdings Limited (ZBFH) is expecting to underwrite more business from newly issued credit lines, a move set to drive sustained growth in its loan book and strengthen its core lending oper

Nov 11, 2025

Top Stories

Delta Contemplates Beverage Price Hikes As Sugar Tax, VAT Bites

Delta Corporation Limited, Zimbabwe's leading beverage manufacturer, is reportedly weighing the option of increasing prices for its soft drinks and other beverages as the combined effects of the sugar

1 hour ago

Dubai’s Maser Group Pledges US$1.6 Billion Investment in African Agriculture, Data Infrastructure

Maser Group, a closely held Dubai-based consumer electronics manufacturer,  plans to invest US$1.6 billion across Nigeria, Ghana and Kenya over the next 24 months, targeting large-scale agricultural p

2 hours ago

Mutapa Investment Fund Restructures Mining Assets

The Mutapa Investment Fund’s initiative demonstrates how sovereign wealth funds can leverage strategic restructuring to strengthen national assets. By unbundling complex holdings into focused entities

18 hours ago

Breaking Import Cycle: Zimbabwe’s Roadmap for Oil Independence

Zimbabwe is advancing toward edible oil self-sufficiency by 2027 under Vision 2030, which positions agriculture as a key driver for upper-middle-income status. While the country achieved milestones in

Feb 06, 2026

ZIMRA Slaps 15% Tax on Commercial Rentals

The Zimbabwe Revenue Authority (ZIMRA) has introduced a 15% presumptive tax on rental income, effective 1 January 2026, under which landlords leasing premises to tenants carrying on trade, business or

Feb 06, 2026

US Backs Africa-Focused Mining Vehicle to Secure Copper and Cobalt Supply

The US government has backed a new Africa-focused mining vehicle aimed at securing strategic copper and cobalt assets as part of a broader effort to reduce reliance on Chinese-controlled supply chains

Feb 06, 2026

South Africa Reaches Record Tourist Arrivals as Global Confidence Surges

The figures surpass the previous peak recorded in 2018 and exceed 2019 arrivals by 2.6 percent, a benchmark that had long been viewed as the industry’s ceiling. Minister of Tourism Patricia de Lille c

Feb 05, 2026

Cancer's Deadly Bargain: How A Cigarette, Processed Foods Can Steal Lives

As Zimbabwe joins the global community in commemorating World Cancer Day, it is a vital moment for people from rural villages to urban centres to understand that cancer is not an inevitable fate. Man

Feb 05, 2026