Search results for 'financial'
Companies
Eagle REIT Executes Major Portfolio Expansion Despite Lower Reported Profit from Reduced Stand Sales
Eagle Real Estate Investment Trust, Zimbabwe's first dollar listed reit, has delivered a textbook development-focused performance in 2025, prioritising long-term value creation over short-term trading
Apr 09, 2026
Companies
Zimre Holdings Delivers Transformational Turnaround on Elite Underwriting Discipline and Investment Gains
Zimre Holdings Limited (ZHL) has recorded its strongest performance since the IFRS 17 transition, posting a 196% increase in profit for the year to USD16.70 million for the twelve months ended 31 Dece
Apr 09, 2026
Companies
First Mutual Holdings Swings From $26m Loss to a $14m Profit: Property Revaluation Did Most Work
First Mutual Holdings, Zimbabwe's largest listed insurer, has posted a profit after tax of $14.3 million for the year ended 31 December 2025, against a loss of $26.3 million in 2024. The rehabilitati
Apr 13, 2026
Zimbabwe
ZSE Holdings Posts USD 1.3 Million Comprehensive Loss as Currency Translation Erases Operating Gains
The operating business generated fee income across all revenue lines. The accounting result was determined by the exchange rate, not the business.Zimbabwe Stock Exchange Holdings Limited reported a to
Apr 14, 2026
Zimbabwe
Is Zimbabwe’s Insurance Sector Missing the Market That Now Defines the Economy?
Zimbabwe's insurance penetration rate stands at approximately 2%, below the Sub-Saharan Africa average of 2.8% and less than a third of the global average of 6%. This figure was cited in the 2024 annu
Apr 27, 2026
Zimbabwe
Zimbabwe Cuts Banking Costs: New Reforms Target MSME Formalisation, ZiG Adoption
For years, the cost of formal banking has pushed Zimbabwe's MSME economy into cash and informality. The financial sector reforms announced on 12 May directly attack that dynamic. Their success will be
May 13, 2026
Companies
The Great Africa Trek Pays Off: Regional Footprint Sprints Zimre to a Historic 142% Profit Surge
Zimre Holdings Limited has reported a 142% increase in profit for the first quarter ended 31 March 2026, rising from US$1.70 million to US$4.12 million, driven by strong top-line performance across al
May 18, 2026
Companies
WestProp’s 80% Revenue Jump Faces Profit Conversion Test: Tax Consumes Half of Incremental Profit
WestProp Holdings Limited has reported revenue of USD 8.06 million for the first quarter ended 31 March 2026, an 80.2% increase on the USD 4.47 million recorded in Q1 2025, with net profit reaching US
May 18, 2026
Companies
Zimbabwe's Bigest Bank Profit Falls 33% as Fee Income Model Comes Under RBZ Pressure
CBZ Holdings Limited, Zimbabwe’s largest financial services group by assets and deposits, reported profit after tax of ZWG 361.34 million for the first quarter ended 31 March 2026, a 32.8% decline fro
May 25, 2026
Zimbabwe
No More Easy Fees: RBZ's Reforms Marks the End of Transactional Rent-Seeking for Banks
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,
May 25, 2026
Zimbabwe
Operationally Viable, Financially Irretrievable: The Harsh Reality for JSE-Listed Firms in Zimbabwe
Pick n Pay, one of South Africa's largest listed retailers, says its Zimbabwe operations remain fully impaired, a designation that has been in place since 2024, when the group stopped incorporating th
May 31, 2026
Zimbabwe
ZEEX’s First Partner: Evaluating INVESCI’s Real Market Impact Before the First Listing
The Zimbabwe Stock Exchange Limited has signed a Memorandum of Understanding with INVESCI Asset Management, establishing a strategic institutional partnership to advance the growth and development of
23 hours ago
Top Stories
Zimbabwe’s Soyabeans Domestic Supply Jumps to 54% from 19% in 2015:Highest Yield Post Land Reform
Zimbabwe's 2025/26 soyabean harvest reached 119,067 metric tonnes from 56,562 hectares harvested, according to the Second Round Crop, Livestock and Fisheries Assessment Report presented to Cabinet on
Jun 10, 2026Why Diesel Imports Set New Monthly Record of Above USD 130 Mn: Barometer of Production?
Zimbabwe's April 2026 diesel import bill reached USD 132.5 million, a 44.6% increase from March 2026's USD 91.6 million and the highest monthly value recorded from December 2022 through April 2026, a
Jun 09, 2026
