Search results for 'interest income'
Companies
A Billion-Dollar Quarter: CBZ’s Q3 Performance

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
Companies
ZB Bank Boosts Lending Income 27% Despite Slow Growth: Bets Big on Digital Fixes

ZB Bank Limited, the flagship of ZB Financial Holdings (ZBFH), saw income from lending activities net of recoveries climb 27% to ZWG370 million in 2024 from ZWG292 million in 2023, despite sluggish lo

Apr 03, 2025
Companies
CBZ Net Interest Income Rises 14% to ZWG1.39 Billion

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
Companies
POSB Invests in Real Estate to Hedge ZiG Inflation

People’s Own Savings Bank (POSB), Zimbabwe’s state-owned financial institution, has ventured into real estate as part of a hedging strategy against the country’s volatile economy, according to its lat

Aug 04, 2025
Companies
CBZ’s Digital Push Yields ZWG 2 Bn in Non-Funded Income, Interest Income Nears 1 Bn

CBZ Holdings, Zimbabwe’s largest bank by assets, and deposits, has reported a significant surge in non-funded income, rising from ZWG 1.5 billion in the first half of 2024 to ZWG 1.9 billion in the fi

Aug 22, 2025
Finance
Zimbabwe’s New Banking Reality: The Informal Sector Holds the Future

In February 2026, the Reserve Bank of Zimbabwe (RBZ) removed balance enquiry fees and capped transaction charges across the banking system, directing all banks and deposit-taking microfinance institu

Apr 22, 2026
Companies
What Do ZB’s Q1 Results Say Against Other Banks?

ZB Financial Holdings’ reported first quarter 2026 results have seen a divergent performance across its four core revenue streams, characterised by both growth and declines. Commissions and fees grew

May 21, 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

Top Stories

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

20 hours ago

Zim’s  Potato Sector: Set for the Biggest Winter Potato Recovery

Zimbabwe is expecting 243,850 metric tonnes of Irish potato from the 9,000 hectares planted in the 2026 winter season, with 92,400 metric tonnes already produced from the 3,300 hectares already harves

21 hours ago

Squeezing the Soil: How GMB’s Over ZiG 200 Million Arrears Threaten the Next Season

The Grain Marketing Board is owing 17.27% of ZiG payment obligations to farmers who delivered grain in the  FY2025 marketing season amounting to ZiG 50,192,313.52. Transporters who hauled grain to GM

1 day ago

A Historic First: Zimbabwe Confirms Highest Maize Harvest in National History

Zimbabwe's maize harvest has risen from 2,341,857 metric tonnes presented during the 16th Post-Cabinet Briefing to 2,824,110 metric tonnes confirmed at the 18th Post-Cabinet Briefing on 9 June 2026, a

Jun 10, 2026

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, 2026

Zimbabwe’s Cement Industry: What Record Cement Imports Tell Us About the Economy

Zimbabwe's monthly Portland cement import bill reached USD 12.02 million in April 2026, the highest single monthly value recorded in the sixty-four months dataset running from January 2021 through Apr

Jun 09, 2026

SADC Growth Shift: Zimbabwe Builds Capacity as South Africa Loses Investment Momentum

South Africa's economy expanded 0.5% quarter-on-quarter in Q1 2026, its sixth consecutive quarter of growth and the strongest performance since Q2 2025, as nine of ten industries registered positive o

Jun 09, 2026

Why 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