Search results for 'financial'
Zimbabwe
FBC Unveils Premium Mastercard with Exclusive Perks, Connects Zimbabwe to Global Markets
Zimbabwe’s titan bank, FBC Holdings, has launched a new family of FBC Premium Mastercard products yesterday at the Hyatt Regency Hotel in Harare. It is linked to both USD and Zimbabwe Gold (ZWG), an
Feb 26, 2025
World
Weekly Gold Wrap: Tariffs Spark Global Gold Rush, COMEX Inventories Hit Pandemic Highs
With increasing US tariffs across the world from America to Europe, Asia to Africa, gold has emerged as a critical barometer of market uncertainty. As trade tensions escalate, investors and instituti
Mar 03, 2025
Companies
Proplastics CEO, Kudakwashe Chigiya Resigns, Paschal Changunda Appointed Acting Leader
Plastics and plastic products manufacturer, Proplastics Limited, has announced the resignation of its Chief Executive Officer (CEO), Kudakwashe Leo Chigiya, effective 19 February 2025. The Board of
Mar 03, 2025
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
World
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends
Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on
Mar 28, 2025
Companies
ZB Bank Boosts Lending Income 27% Despite Slow Growth: Bets Big on Digital Fixes
ZB Bank Limited, the flagship of ZB Financial Holdings (ZBFH), saw income from lending activities net of recoveries climb 27% to ZWG370 million in 2024 from ZWG292 million in 2023, despite sluggish lo
Apr 03, 2025
Zimbabwe
Government Approves $311 Million Compensation for 740 Farms Under Global Compensation Deed
Zimbabwe’s recent initiation of compensation payments to former farm owners under the Global Compensation Deed (GCD), signed in 2020, marks a significant step toward resolving historical grievances st
Apr 10, 2025
Top Stories
MBZ's Profit Turnaround Amidst Qualified Audit Opinion: A ZWG248Mn Prior Period Error Reshapes 2024 Numbers
NMBZ Holdings Limited has swung from a restated loss of ZWG205 million in 2024 to a profit after tax of ZWG251 million in FY2025, a turnaround that looks decisive until the audit opinion is read caref
7 hours agoZimpapers' Revenue Collapse Against a Forensic Audit in Progress: Loses Ground on Every Front Simultaneously
Zimbabwe Newspapers (1980) Limited recorded a loss before tax of ZWG96.3 million in FY2025, nearly double the ZWG55.7 million loss of the prior year, as revenue contracted 15.5% to ZWG622.1 million an
14 hours agoBAT’s Profit Surge Against Revenue Decline: A 582% Earnings Jump With Nothing to Do With Selling Cigarettes
BAT Zimbabwe has posted one of the most spectacular profit numbers in Zimbabwe's FY2025 earnings season, and probably, one of the most misleading according to its FY2025 financial results. The group
Apr 05, 2026Dairibord's Tax Bill Swallows 66% Profit Surge as ZIMRA's Reach Extends Into Boardrooms
Dairibord Zimbabwe Limited, the country’s largest milk processor and various mik products producer has recorded a 66% rise in profit before tax to US$5.34 million for the year ended 31 December 2025,
Apr 05, 2026February Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War
Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.
Apr 01, 2026
