LISTED banks’ earnings were resilient during the first half of 2026 despite sweeping cuts in banking charges introduced earlier this year. Recently published half-year financial results suggest that earnings momentum has been driven primarily by higher transaction volumes, greater digital banking adoption and broader product offerings, defying earlier concerns that bank fee cuts could weigh…
ZIMBABWE’S goods trade surplus grew in July, according to figures released by the Zimbabwe National Statistics Agency (ZimStat). The agency reported a surplus of US$320,6 million for the month, up from US$239,1 million in June, a 34,1 percent month-on-month increase. The agency attributed the widening surplus to two simultaneous trends. Exports rose, while imports fell.…
FMB Capital Holdings (FMBCH) posted an 18 percent year-on-year growth in profit after tax (PAT) during the six months ended June 30, 2026, to US$86,3 million driven by growth in consumer lending across operating markets. The Mauritius-headquartered pan-African lender with a 52,49 percent controlling stake in Zimbabwe’s First Capital Bank also attributed the positive performance…
THE Zimbabwe Stock Exchange Holdings (ZSEH) says it will embark on an outreach programme targeting large indigenous companies to encourage them to list on the exchange. Many major indigenous companies in Zimbabwe remain privately held or unlisted because their owners want to retain family control, avoid regulatory and public disclosure requirements, and limit exposure to…
Almot Maqolo INTERNATIONAL risk models that track Sub-Saharan Africa are undergoing a sharp recalibration after the World Bank officially removed Zimbabwe from its list of fragile and conflict-affected economies. The reclassification has been widely received by economists as signalling a significant validation of the country’s macroeconomic turnaround, positioning Zimbabwe as one of the region’s most…
A TOTAL of 133 international buyers have registered for the 19th edition of the Sanganai/Hlanganani/Dzimbahwe Tourism Expo in Masvingo next week, representing a 49,4 percent increase from the same period last year. In the comparative period, international buyers were 89. “This level of participation demonstrates the growing confidence in our destination and reinforces its position…
ZIMBABWE can emulate China’s land tenure system of giving value to rural land and use it to improve its own model, Finance minister Mthuli Ncube has said. The development comes…
THE growing adoption of artificial intelligence (AI) by Zimbabwean companies will come under the spotlight at this year’s Top Companies Survey Awards, with organisers calling for enhanced investment in technology and human skills. Conducted annually by the iconic business and financial weekly newspaper, The Financial Gazette, in partnership with financial services giant, Old Mutual Zimbabwe,…
ZIMBABWEAN companies will not adopt sustainability reporting unless regulators make it mandatory, experts say. Sustainability reporting in Zimbabwe is shifting from a voluntary practice towards a mandatory requirement under national regulations and stock exchange rules. Speaking at the Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) 2026 Summer School held in Masvingo last week, international…
Mike E. Juru ZIMBABWE’S 2026 Mid-Term Monetary Policy Review marks an important point for property investors because it suggests that real estate may gradually be shifting from being used primarily as a hedge against monetary instability towards being assessed more conventionally on income, risk, financing and long-term asset performance. Read together with the Mid-Term Budget…
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