Search results for 'financial sector'
Companies
CBZ-FML Acquisition Crumble: Competition and Tariff Commission Ruling Halts Deal
The Competition and Tariff Commission (CTC) has issued a ruling against CBZ Holdings' proposed acquisition of additional shares in First Mutual Holdings (FML). This decision follows CBZ's purchase of
Dec 10, 2024
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?
For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner
Mar 13, 2025
Botswana
Standard Chartered Exits Botswana Business ,Deepens Retreat from African Markets
Standard Chartered ,a British multinational bank focused on Asia, Africa, and the Middle East, providing corporate, investment, and wealth management banking has exited Botswana to reassess risk, sca
Jan 13, 2026
Zimbabwe
End of an Era: Gwen Muteiwa Steps Down as Letshego Group CFO After a Defining Chapter in Pan-African Finance
In a brief but significant announcement released on Monday morning, Letshego Africa Holdings Limited confirmed that Ms. Tinotenda Gwendoline Muteiwa, widely known as Gwen, has resigned as the company’
Mar 02, 2026
Zimbabwe
Old Mutual Tests Zimbabwe’s Return to Group Earnings After Seven-Year Ring-Fence
Old Mutual has begun assessing whether improving cash generation and currency conditions in Zimbabwe are sufficient to eventually return the local business to its Group earnings perimeter, seven years
Sep 08, 2026
Companies
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
Top Stories
After 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
1 day agoCan Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
