Search results for 'funding'
Companies
To encourage ESG practices, lenders should pledge to fund no coal projects

Many lenders have turned to reduce lending to coal, oil, and gas projects while increasing their exposure to renewable energy in an effort to reduce their net carbon emissions to zero by 2050. We will

Apr 04, 2023
World
EU Suspends Funding for Zim

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

Sep 20, 2023
Zimbabwe
Multichoice's Calculated Move: Can Showmax Stand Netflix’s Supremacy?

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

Feb 06, 2024
Zimbabwe
With Deteriorating Health Services, How Much Has Government Allocated for Health Sector?

he Zimbabwe government has allocated ZiG28.3 billion to the Ministry of Health and Child Care for the year 2025. When converted to United states dollars (USD) at the official bank rate of ZiG26 per d

Dec 03, 2024
World
WHO Loses Largest Donor: US Withdrawal Sparks Concern

United States’ 47th President, Donald Trump has pulled out from the World Health Organization (WHO), citing systemic inefficiencies in managing global health crises. Trump has articulated concerns r

Jan 21, 2025
World
USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development

The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif

May 07, 2025
Zimbabwe
GMB Secures Funds for Wheat Farmers' Payments

The Grain Marketing Board (GMB) has secured USD 5 million and ZWG 15 million this week to settle outstanding wheat payments, pushing total disbursements to USD 28 million and ZWG 230 million, accordin

May 14, 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

Top Stories

Zimbabwe’s Dual-Currency Inflation Eases: ZiG, USD Show Downward Trend

Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an

1 day ago

FBC Holdings Reshapes Revenue Model, Prioritizes Core Operations

FBC Holdings Limited has embarked on a strategic transformation, shifting its revenue base away from volatile hedging and investment revaluation gains toward sustainable core income streams, signallin

Aug 29, 2025

Mash Holdings’ Rental Income Grows 15% Spurred by New Tenants at Pomona Centre

Mashonaland Holdings Limited, a prominent property and investment company listed on the Zimbabwe Stock Exchange (ZSE), reported strong rental income growth in the first half of 2025,  by its developme

Aug 28, 2025

Invictus Energy’s Share Price Rally Biggest Since 2023 After Al Mansour’s US$25M Investment, US$500M Future Commitment

Invictus Energy, an Australian-listed exploration company with a market capitalisation of approximately US$55 million, experienced a dramatic surge in its share price, rising from AUD 0.050 on August

Aug 27, 2025

Africa’s Solar Imports Hit Record High, Zimbabwe Lags Over Policy , Costs

Africa’s solar energy landscape underwent a dramatic transformation, with solar imports from China soaring by 60% to a record-breaking 15,032 megawatts (MW) across 20 nations in the 12 months ended Ju

Aug 27, 2025

RBZ Redesigns ZiG : Should People Fear a Repeat of Past Currency Failures?

The Reserve Bank of Zimbabwe (RBZ) is redesigning its Zimbabwe Gold (ZiG) banknotes to improve their quality, durability, and security features, as part of its broader de-dollarisation strategy aiming

Aug 26, 2025

ZB Launches New Insurance, Core Banking Systems for Digital Edge

ZB Financial Holdings, Fusion Essence, Life Central, digital transformation, core banking system, insurance system, Smile Cash, financial inclusion, Zimbabwe banking, ESG strategy,

Aug 26, 2025

Deceptive Strength: ZiG’s Stability Masks Growing Arrears Crisis

In the week to 25 August 2025, the Zimbabwe Gold (ZiG) exhibited remarkable stability, experiencing a marginal depreciation of 0.02%, moving from an exchange rate of 26.7683 on August 19, 2025, to 26.

Aug 25, 2025