For the better part of a decade, Zimbabwe’s banking sector operated on a model that would be unrecognisable in most developed financial markets. Fees and commissions, not interest income from lending,

Cabinet has approved two separate pieces of water sector legislation at its seventeenth meeting, the principles of the Water Act Amendment Bill and the Zimbabwe National Water Authority Amendment Bill

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Zimbabwe’s Apex Bank,  Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an

Foreign currency inflows into Zimbabwe's banking system reached USD 8.3 billion in the five months to 31 May 2026, against USD 6 billion in the same period of 2025, a 39.1% year-on-year increase that

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

Absa Group, South Africa's third-largest bank by assets, has launched a KES30.9 billion (US$238 million) offer to increase its stake in Absa Bank Kenya from 68.5% to as much as 85%, placing one of Afr

The Zimbabwe National Road Administration (ZINARA) is approaching the final stages of repaying a US$206 million loan obtained from the Development Bank of Southern Africa (DBSA) to finance the rehabil

Finance Minister Professor Mthuli Ncube has held discussions at the headquarters of China State Construction Engineering Corporation in Beijing with CSCEC Chairman Wang Wei and President Chen Lie, foc