NMBZ’s XPlug expands to Malawi

NMBZ Holdings’ (NMBZ) fintech subsidiary XPlug is expanding its operations to Malawi as it continues to grow its regional footprint beyond the six African markets it currently serves.XPlug, functions as a comprehensive fintech operating system—effectively a ready-made digital bank that can be adopted by other financial institutions.NMBZ chief executive officer Gerald Gore told The Financial…

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ZSE terminates Khayah listing

THE Zimbabwe Stock Exchange (ZSE) has announced the termination of Khayah Cement’s listing following a decision by the company to voluntarily delist.The shareholders of Khayah met on May 19, 2025 and passed the resolution for the voluntary termination of its listing on the ZSE in accordance with Section 11 of the ZSE Listing Requirements.“In terms…

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Teen Superbrand Awards shaping youth culture

Do you still remember the brands that shaped your childhood? The taste of Cascade on a hot afternoon after school, the excitement of unwrapping your favourite snack, or the sneakers that made you feel like you could outrun time? These weren’t just products they were moments, memories, and emotions. They were the brands that understood…

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AI strategy and reinvention of business leadership

By Ephias Ruhode AS a scholar and a digital business transformation consultant, I have drawn inspiration from many writers and thinkers. Among them is Yuval Noah Harari, whose central theme in the book, 21 Lessons for the 21st Century, is the importance of asking deep, foundational questions rather than rushing to technical answers. His key…

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Liquidity crunch hits Zimplow income

ZIMPLOW says its revenue for the first quarter to March 31,2025 fell eight percent from prior year levels impacted by tight liquidity conditions that hampered customer payments.The pace of infrastructure development projects has provided the Group an incentive to adequately position itself with major earth moving fleet owners through Tractive Power Solutions.“Major o­fftakers of agricultural…

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African Sun expects recovery in Q2

AFRICAN Sun anticipates strong recovery in the second quarter (Q2) supported by the domestic market and conference business after key performance indicators plunged during the first three months to March, 31, 2025.Matters were made worse by the declining foreign aid to developing nations that has significantly impacted the tourism sector, as non-governmental organisations (NGOs) reduced…

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Time Bank misses compliance deadline

TIME Bank of Zimbabwe missed the December 31, 2024 deadline to shore up its capital levels to US$30 million in line with tier 1 commercial banks requirements.The bank was last year granted a reprieve by the Reserve Bank of Zimbabwe but managed to close the year with just US$5,37 million in capitalisation.“As part of the…

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Ariston plots VFEX listing, seeks US$18 million raise

ARISTON Holdings (Ariston) is considering ditching the Zimbabwe Stock Exchange (ZSE) and seeking a Victoria Falls Stock Exchange (VFEX) listing as part of a long-term capital raising strategy to meet its US$18 million capital expenditure target.Ariston’s potential VFEX listing follows similar migrations by several counters seeking dollar-denominated capital and improved foreign investor appeal.Counters that have…

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Stanbic bank named best banking brand in Zimbabwe

LEADING financial services institution Stanbic Bank Zimbabwe has been named the Best Banking Brand in Zimbabwe by the world-renowned Global Brands Magazine.This latest accolade adds to the impressive list of awards the bank has received over the years.Global Brands Magazine (GBM) is widely recognised as a leading publication in the field of brands. Each year,…

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What Zimbabwe’s cyber laws should protect

IN the age of digital technology, Zimbabwe is working hard to modernise. From e-government platforms and mobile money to online learning and digital health records, more of our lives are moving online. But as we connect more, we also expose ourselves to growing risks not just from hackers, but from excessive surveillance and invasion of…

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