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...
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...
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...
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...
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...
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, ...
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...
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...
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...
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...
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...
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....
Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...
Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...
Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...
The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...
ZB Financial Holdings (ZBFH) has launched a new range of Mastercard products as part of its ongoing digital transformation strategy aimed at expanding financial inclusion and giving Zimbabwean custome...
The African Export-Import Bank (Afreximbank) has reported a strong financial performance for the first quarter of 2025, demonstrating resilience and profitability amid global economic headwinds. The p...
NMBZ Holdings has posted a record performance for the first quarter of 2025, generating an impressive operating income of ZWG396 million, as the financial services group sets its sights on regional gr...
Stanbic Bank Zimbabwe has announced the full digitization of its international payments facility, extending the service to all client categories in a major step toward enhancing convenience, accessibi...
Zimbabwe Stock Exchange-listed financial services group NMBZ Holdings is on the verge of securing external lines of credit worth over US$70 million, as part of its broader strategy to unlock US$100 mi...
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...