Diversified blue-chip company CBZ Holdings, listed on the Zimbabwe Stock Exchange, has posted strong results in its first quarter of the 2024 fiscal year solidifying its position as the largest bank i
May 27, 2024
First Capital Bank's loans to customers in HY24 increased to ZWG1.3 billion (US$94.7 million) from ZWG1.2 billion (US$86.1 million) at the end of 2023, reflecting a growth rate of 11.2%. This positiv
Aug 30, 2024
Largest bank by deposits and assets, Commercial Bank of Zimbabwe Holdings (CBZ) has recorded an exceptional Q3 performance ended September 30, characterized by billion-dollar revenues, according to th
Nov 10, 2024
NMB Zimbabwe's loan book expanded significantly, with loans and advances surging 110% to ZWG2.7 billion for the third quarter ended September 30, 2024. This growth was driven by the bank's successful
Nov 19, 2024
Zimbabwe, as the nation braces for widespread power outages as two vital units at Hwange Power Station are set for Class B maintenance and statutory maintenance between March and May. This follows th
Mar 03, 2025
CBZ Holdings, a diversified blue-chip company listed on the Zimbabwe Stock Exchange, has reported a 14% increase in net interest income, reaching ZWG1.39 billion for the full year ended 31 December 20
Apr 03, 2025
Gold production is expected to recover gradually. Under favourable conditions, output could return to roughly sixty-five to seventy tonnes per year by 2027. Whether this occurs will depend on regulato
Gold is closing in on the $5,000-an-ounce milestone, driven by a powerful mix of geopolitical uncertainty, a weakening US dollar, and deepening concerns over the stability of traditional financial sys
The Crisis in Zimbabwe Coalition (CiZC) is dissolving its organisational structure with immediate effect, ending a 25-year-old civil society project that rose, peaked, and ultimately exhausted itself
NMBZ Holdings Limited a Zimbabwe headquartered diversified financial service group has acquired a 100% stake in Entrepreneurs Financial Centre (EFC) Zambia, completing a strategic cross-border transa
Zimbabwe's economy is experiencing resilient growth, with its rebased gross domestic product (GDP) reaching $44.4 billion in 2025. This revision highlights stronger economic momentum than earlier esti
Zimbabwe has ordered foreign-owned businesses operating in certain designated sectors to divest at least 75% of their equity to indigenous Zimbabweans within three years, according to the latest Statu
Zimbabwe remains a highly informalised economy, severely affected by high unemployment rates that have driven millions to pursue livelihoods through self-employment and small-scale enterprises. One o
Zimbabwe’s sharp surge in tobacco exports at the start of 2026 the latest chapter in a four-decade arc of expansion, collapse, and recovery that now appears to be approaching another historic peak, wi
