The Zimbabwe Women's Microfinance Bank (ZWMB) has joined hands with Government to facilitate access to tractors under the Belarus mechanisation scheme, in a move aimed at advancing agricultural produc...
By Staff reporter | Published: 17 September 2025
CBZ Bank has signed a US$10 million factoring and supply chain finance line of credit with the African Export-Import Bank (Afreximbank), a move the bank says will revolutionise financing for Zimbabwea...
By Staff reporter | Published: 11 September 2025
Standard Bank, Africa's largest bank with subsidiaries across 26 countries including Zimbabwe under the Stanbic Bank brand, has appointed David Hodnett as its new Group Chief Executive.Hodnett, curren...
By Staff reporter | Published: 09 September 2025
Old Mutual Zimbabwe (OMZ) has transitioned to reporting in United States dollars across key subsidiaries, reflecting increased hard currency inflows and positioning the group for greater transparency ...
By Staff reporter | Published: 31 August 2025
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...
By Staff reporter | Published: 22 August 2025
CBZ Holdings has announced the appointment of Eunice Mujekenyeki as its new Group Chief Risk Officer, bringing over two decades of experience in the financial services sector to the role.Ms. Mujekeny...
By Staff reporter | Published: 20 August 2025
The Reserve Bank of Zimbabwe (RBZ) is developing specific rules to regulate the use of artificial intelligence (AI) within the country's financial institutions, signaling a major step toward modernizi...
By Staff reporter | Published: 19 August 2025
African Banking Corporation of Zimbabwe Limited (BancABC) has returned to profitability, posting a profit after tax of ZiG146,6 million for the half year ended June 30, 2025, reversing a loss-making p...
By Staff reporter | Published: 19 August 2025
Nedbank Group has sold its 21.2% stake in Ecobank Transnational for US$100 million to Bosquet Investments, an investment vehicle of former Ecobank chairman Alain Nkontchou.The South African lender, wh...
By Staff reporter | Published: 19 August 2025
The Reserve Bank of Zimbabwe (RBZ) has stepped up efforts to promote financial literacy in rural and marginalised communities, directing all banks and microfinance institutions to submit quarterly up...
By Staff reporter | Published: 18 August 2025
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent l...
By Staff reporter | Published: 16 August 2025
In Zimbabwe, funeral assurance is more than an insurance product-it is a cultural practice, an economic safeguard, and a psychological comfort all rolled into one. While traditional life insurance pr...
By Staff reporter | Published: 16 August 2025
The Insurance and Pensions Commission (Ipec) has called on Zimbabwean insurers to adapt to digital transformation while expanding into untapped sectors to boost resilience and competitiveness.Speakin...
By Staff reporter | Published: 16 August 2025
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...
By Staff reporter | Published: 13 August 2025
Fidelity Life Assurance Zimbabwe has reported a sharp rise in profit after tax to US$6,1 million for the year ended May 30, 2025, more than doubling the US$2,4 million recorded in the prior period. Th...
By Staff reporter | Published: 12 August 2025
Caledonia Mining Corporation has reported a robust second-quarter performance for the financial year, buoyed by the sale of its solar energy business for US$22,35 million, which significantly strength...
By Staff reporter | Published: 12 August 2025
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...
By Staff reporter | Published: 12 August 2025
The manufacturing sector has received the largest share - 45 percent - of funds disbursed under the Reserve Bank of Zimbabwe's (RBZ) Targeted Finance Facility (TTF) as of June 30, 2025, underscoring i...
By Staff reporter | Published: 11 August 2025
The Reserve Bank of Zimbabwe (RBZ) has mandated all commercial banks to ensure the full distribution of Zimbabwe Gold (ZiG) cash through automated teller machines (ATMs) by the end of September 2025, ...
By Staff reporter | Published: 11 August 2025
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...
By Staff reporter | Published: 08 August 2025
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, im...
By Staff reporter | Published: 07 August 2025
CBZ Bank has appointed Valeta Mthimukhulu as its new Managing Director, marking a new chapter for Zimbabwe's largest financial institution.Mthimukhulu brings with her over 20 years of executive leader...
By Staff reporter | Published: 07 August 2025
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...
By Staff reporter | Published: 08 July 2025
Financial services provider Mukuru is projecting a 500 percent increase in the use of its MukuruPay platform during the 2025 tobacco selling season, driven by strategic partnerships within the tobacco...
By Staff reporter | Published: 06 July 2025
First Mutual Life Assurance Company (FML) says it is continuing to engage with the Insurance and Pensions Commission (IPEC) to bring closure to matters arising from a forensic audit conducted in 2022....
By Staff reporter | Published: 05 July 2025
NetOne CEO granted US$500 bail in fraud case 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Wheat records first ZMX trade at US$400/tonne 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
