Non-funded income lifts CBZ revenue

CBZ Holdings (CBZ) total income increased by 0,4 percent to ZiG2,86 billion in the six months to June 30, 2026 compared to ZiG2,85 percent a year earlier supported by growth in non-funded income and the group’s diversification model. The group, which owns the country’s largest bank by assets and deposits, CBZ Bank, was largely supported…

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RBZ pushes banks to cut lending rates

THE Reserve Bank of Zim­babwe (RBZ) has urged lo­cal banks to reduce lending rates in line with policy rate cuts, warning that expensive credit is pricing productive sectors out of formal financing. The central bank, in June this year cut its main bank policy rate from 35 percent to 30 percent in line with stability…

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Zimbabwe moves closer to a ZiG economy. . . amid relative prices and exchange rate stability in the country

Blessings Mashaya NEWS EDITOR THE country is making headway in its quests to only use the ZiG in all local transactions, helped by the continuing rela­tive stability in the exchange rate and prices of basic goods, authorities say. However, the governor of the Reserve Bank of Zimbabwe, John Mush­ayavanhu, added quickly in his mid-term policy…

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Property indaba targets institutional capital

THE sixth edition of the an­nual ZimReal Property In­vestment Forum, set for next Wednesday, will spotlight capital market reforms aimed at increasing institutional investment in the real estate sector. This comes as listed real estate vehicles, capital market reforms and a surge in hospitality projects have created new avenues for investors seeking alternative assets. The…

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SMEDCO targets US$10m SME lending

THE Small and Medium Enter­prises Development Corporation (SMEDCO) plans to disburse US$10 million in loans to the small and medium-sized en­terprise (SME) sector this year after achieving 95 percent of its lending target in the first half of 2026. The lending target comes as the government seeks to im­prove access to finance for mi­cro, small…

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