Search results for 'financial'
Companies
TN CyberTech Adopts 50% Payout Policy, Declares US$2.8 Million Interim Dividend in HY 2026
TN CyberTech Investments ,the Zimbabwe Stock Exchange-listed holding company formerly known as EcoCash Holdings Zimbabwe, has declared an interim dividend of 0.06674934 US cents per share for the six
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
Companies
Proplastics Retains H1 Earnings for Capacity Expansion After 79% Profit Growth
Proplastics has closed the half year ended June 2026 with profit after tax up 79% to US$623,819, yet shareholders will receive no interim dividend as the pipe manufacturer redirects capital towards ad
Sep 03, 2026
Zimbabwe
ZB Taps Fintech Executive Matsaudza to Turn Digital Investment Into Core Banking Growth
Matsaudza brings more than 17 years of experience across African financial and telecommunications markets. ZB’s appointment announcement says he previously served as Managing Director of O’mari, the f
Sep 04, 2026
Zimbabwe
Five Years of Growth, Limited Job Gains: World Bank Flags Zimbabwe’s Productivity Gap
The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont
Sep 07, 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
Zimbabwe
O’mari’s 2.2 Million Customers Are Becoming Old Mutual Zimbabwe’s Distribution Network
Old Mutual Zimbabwe’s O’mari has surpassed 2.2 million customers, with transaction volumes rising 139% and revenue increasing 80% year on year in the first half of 2026, giving the fintech considerabl
Sep 08, 2026
Companies
Turnall Sales Volumes Rise 33% to 16,807 Tonnes in HY26 on New Harare Plant Capacity
Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has increased sales volumes by 33% to 16,807 tonnes in the six months to June 2026 from 12,6
Oct 01, 2026
Top Stories
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, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
