Search results for 'credit market'
Zimbabwe
Cheaper Credit, Tight Money: RBZ Cuts Productive Sector Credit Rate, Keeps Liquidity Brakes On

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

Jun 16, 2026
Companies
SECZim Expands Into Digital Markets as Securities Levy Income Declines

The Securities and Exchange Commission of Zimbabwe is repositioning itself for a future where capital market growth is driven by digital assets, carbon finance and financial technology as declining se

Jul 15, 2026
Zimbabwe
Zimbabwe Stabilises Money, Can Banks Now Price It?

Zimbabwe has entered the second half of 2026 with annual ZiG inflation at 3.2%, foreign currency reserves of US$1.7 billion and an official exchange rate that has remained within a relatively narrow r

Aug 21, 2026
Companies
TN CyberTech’s 725,000 Small Loans Test Zimbabwe’s Next Banking Model

TN CyberTech Bank is using technology to attack one of Zimbabwe’s persistent banking problems, the economics of serving customers who need small amounts of credit but are too expensive to reach throug

Sep 14, 2026
Zimbabwe
Banks Finance Private Sector at Just 6.5% of GDP

Zimbabwe’s private-sector credit stock is equivalent to only 6.5% of GDP, according to the World Bank’s Zimbabwe Country Growth and Jobs Report, compared with approximately 22% in Côte d’Ivoire, 32%

Sep 14, 2026

Top Stories

Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage

SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three

6 hours ago

WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

7 hours ago

Hippo Sees FY27 Profit 5% to 10% Lower, Revenue Growth to Continue

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

7 hours ago

WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%

WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th

1 day ago

Econet InfraCo Makes US$13.7m Profit in First HY Results Since VFEX Listing

Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (

1 day ago

General Beltings Profit Falls 63% in HY26, Credit Constraints Limit Production

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8

1 day ago

Harare follows Nairobi on Exchanges Profit Behaviour: Analysis

The Safaricom levy sits in other assets, which rose Kshs 593 million, and operating cash flow reached Kshs 161 million, or 22% of profit after tax. Excluding the block trade, equity turnover grew 111%

1 day ago

ZECO’s Revenue Triples, Overheads Push Group Into Loss

ZECO Holdings has nearly tripled revenue during the first half of 2026, but a sharp increase in administrative costs overwhelmed the improvement in trading and pushed the group back into loss. Revenu

1 day ago