Search results for 'financial inclusion'
Companies
EcoCash Holdings Delays Annual Results to Finalize IFRS Reporting

coCash Holdings Zimbabwe Limited has delayed the publication of its Group's annual audited financial statements for the year ended 29 February 2024, according to its latest circular. The results will

May 30, 2024
Finance
The Fintech Frontier: Redefining Financial Inclusion in Africa

Africa's financial landscape is undergoing a remarkable transformation, fueled by the swift rise of financial technologies (fintech) and the burgeoning role of artificial intelligence (AI). The latest

Jul 17, 2024
Companies
No Paperwork, No Fuss: O'MARI Brings Affordable Digital Home Insurance

O'MARI, the fintech subsidiary of Old Mutual Zimbabwe, has launched O'mari HomeCare, a groundbreaking digital-first home insurance product designed to make essential coverage more accessible and affor

Aug 16, 2024
Companies
NMB Holdings Profitability Slumps, Non-Performing Loans Rise to 1.2% in H1 2024

NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following

Sep 20, 2024
Zimbabwe
ZiG Continues Downward Trend as November Opens

The Zimbabwe Gold (ZiG) has demonstrated a continued suboptimal performance, declining to 28.6829 on November 1, 2024, from 27.44, marking a significant week-on-week decrease. This downturn represent

Nov 04, 2024
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
Zimbabwe
No POS Machine, No Licence, No Bank Account, No Licence: RBZ Commands

he Reserve Bank of Zimbabwe (RBZ) has introduced a transformative policy aimed at formalizing the informal trading sector and promoting digital transactions. Effective immediately, local authorities

Feb 07, 2025
Companies
Stanbic Bank, EIB Global Launch $21M Facility for Women-Led Businesses

he European Investment Bank (EIB Global), in partnership with Stanbic Bank Zimbabwe, has unveiled a €20 million ($21 million) credit facility aimed at bolstering Zimbabwean small and medium enterprise

Mar 05, 2025
Companies
ZB Financials Launch Innovative Digital Payment Solutions: How They Compare to Existing Ones

ZB Financial Holdings, a prominent financial services provider in Zimbabwe, has launched two innovative digital payment solutions: Smile Cash, a digital wallet, and Smile & Pay, a payment gateway desi

May 15, 2025
Zimbabwe
Zimbabwe’s Banking Sector in Q1: A Comparative Performance Analysis

Zimbabwe’s banking sector has demonstrated resilience and adaptability in the first quarter of 2025, overcoming a complex economic environment shaped by the ZiG currency’s introduction, inflationary p

May 28, 2025
Companies
POSB Launches Instant Payday Loan

People’s Own Savings Bank (POSB), Zimbabwe’s government-owned financial institution, has launched the Instant Payday Loan, a fully automated loan facility designed to empower customers with rapid acce

Jun 19, 2025

Top Stories

Artificial Intelligence Drives Econet’s Strong Q1 25 Performance

Econet Wireless ,the country’s largest telecommunications operator leveraged AI‑powered analytics to deepen customer insight and tailor services in real time, a strategy that helped propel data traffi

1 hour ago

CFI Bounces Back With ZWG493 Million Profit in HY 25 , Driven by Monetary Gains

CFI Holdings Limited has staged a strong comeback in the first half of 2025, swinging from a loss of ZWG348.96 million in the prior comparable period to a ZWG493.64 million profit, according to the co

1 day ago

Caledonia Raises FY Gold Production Guidance After Blanket’s Q2 Record Production

Caledonia Mining Corporation, Zimbabwe's third largest gold producer, has seen a record-breaking second quarter for gold production in 2025, with output reaching 21,070 ounces (597.32 kg), surpassing

2 days ago

Weekly Markets Watch: Global Trade Tensions, Mixed Equities, Gold’s Resilience

Global markets, Tariff developments, Gold prices, Economic data, Federal Reserve, Trade tensions, Eurozone economy, China's export growth, UK economic contraction, Reserve Bank of Australia.

Jul 16, 2025

ZCDC Cuts 400 Jobs as Global Diamond Industry Faces Major Crisis

Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global

Jul 15, 2025

Zimbabwe's Gold Deliveries Hit Historic Peak Since 2021

Zimbabwe’s gold deliveries to Fidelity Printers and Refiners (FPR) in June 2025 reached 4.27 tonnes, marking a significant increase from May’s 3.49 tonnes, driven primarily by contributions from Artis

Jul 15, 2025

ZSE Lifts Suspension on Meikles Limited, Trading Resumes

The Zimbabwe Stock Exchange (ZSE) has officially lifted the suspension of trading in Meikles Limited shares, effective July 14, 2025, following the successful resolution of corporate governance concer

Jul 15, 2025

Gold Weekly Wrap: Africa Investors Lag as Global Gold ETFs Surge to $400 Bn with Record H1 2025 Inflows

In the first half of 2025, global gold exchange-traded funds (ETFs) saw a remarkable resurgence, with inflows reaching US$38 billion, the highest semi-annual performance since H1 2020, driven by geopo

Jul 14, 2025