Standard Bank Group, Africa’s biggest lender by assets, reported record profit as a growing client base bolstered fee and commission income, and as market volatility drove trading revenue. Headline earnings…
By Leonita Mhishi ACROSS Southern Africa, real estate often mirrors the economic and social pulse of a nation. From the skyscraper-lined suburbs of Johannesburg to the rapidly expanding residential estates…
THE CEO Roundtable says the decision by the Reserve Bank of Zimbabwe (RBZ) to keep the bank policy rate at 35 percent will continue to restrict industry’s access to capital. In its latest monetary policy statement, the central bank said the stance would remain in place depending on inflation trends and the performance of other…
RENOWNED economist Eddie Cross estimates that Zimbabwe’s total economy, including the massive informal and “grey” sectors, could be worth over US$100 billion. Speaking to Group Editor-In-Chief Guthrie Munyuki on his…
THE enactment of regulations to formalise the operations of the Victoria Falls International Financial Services Centre (IFSC) signals a concerted effort to attract foreign investment and establish the resort city as a regional financial hub, analysts have said. The regulatory framework, comprising Statutory Instruments 38, 39, and 43 of 2026, defines the operational, prudential, and…
LIQUIDITY on the Zimbabwe Stock Exchange (ZSE) is expected to improve, supported by the increase in ZiG transaction volumes following the recent bank charges cuts and cash withdrawal limit raise, analysts have said. This comes after the Reserve Bank of Zimbabwe (RBZ) in its 2026 monetary policy statement issued a fortnight ago scrapped account service…
THE rising tide of corporate rescue proceedings across Zimbabwe’s formal business sector should serve as a sobering warning to policymakers, investors and business leaders alike. While corporate rescue mechanisms are…
THE Ministry of Finance says the launch of the Business Knowledge Process Outsourcing (BKPO) initiative marks a shift towards growing service exports and intellectual capital in the economy. The government partnered with the Zimbabwe Investment and Development Agency (Zida) to launch the BKPO initiative under the theme “Positioning Zimbabwe as a Competitive Destination for Business Process…
By Bothwell Nyajeka THE past weeks have been nothing short of a roller coaster for businesses and their boards. In a space of less than 24 hours, directors were confronted…
THE Ministry of Industry and Commerce is set to inspect companies registered under locals in reserved sectors in a bid to curb ownership fronting. Statutory Instrument 215 of 2025 enforces the Indigenisation and Economic Empowerment Act, which requires locals to own 51 percent in designated businesses. The policy targets 14 reserved sectors, including retail, transportation…
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