Search results for 'Zimbabwe financial services'
Companies
Crown Bank Profit Hits US$3.3m as FBC Rebuilds Acquired Standard Chartered Franchise
Crown Bank generated US$3.3 million in profit before tax during the first half of 2026, up 344.3% year on year, as FBC Holdings rebuilt the former Standard Chartered Zimbabwe franchise following disru
Aug 28, 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
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
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
Fidelity Life’s Insurance Service Swings Into Loss as Investments Carry Earnings
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Oct 08, 2026
Top Stories
ZRA Cuts Kariba Water Allocation 36%, Adds Pressure to Zimbabwe’s Electricity Shortfall
The Zambezi River Authority, which manages Kariba Dam on behalf of Zimbabwe and Zambia, has cut the combined water allocation for electricity generation in 2027 by 36.1% to 23 billion cubic metres, ac
11 hours agoHippo Sets US$7m–US$10m Annual Capex Baseline: Water, Power and Drip Irrigation Move to the Front of the Queue
Hippo Valley Estates expects to require between US$7 million and US$10 million in annual capital expenditure under normal operating conditions over the coming years, but pressure on its water conveyan
17 hours agoZimbabwe Opens Its Borders to Britain and Germany While Its Citizens Face Costlier Entry Abroad
Zimbabwe maintains comparatively accessible visitor-entry arrangements for British and German nationals, allowing travellers from both countries to obtain visas on arrival, while Zimbabwean passport h
18 hours ago
