AGENCY banking network expansion and increased use of digital channels are underpinning NMB Holdings’ growth in transactional volumes, the financial institution has said. The group’s banking unit, NMB Bank launched its primary agency banking model in 2022 starting with approximately 16 active agents. To date, the bank’s agency network has risen to 409 active touchpoints…
FBC Holdings’ loans and advances increased 8,8 percent to ZiG11,96 billion in the six months to June 30, 2026, supported by growth in deposits and total assets. Total assets rose 17,5 percent to ZiG26,33 billion from the audited December 31, 2025, position, while customer deposits increased 20,4 percent to ZiG15,56 billion, providing a relatively stable…
THE Association of Healthcare Funders of Zimbabwe (AHFoZ) has called for greater collaboration among healthcare funders, providers and regulators to address challenges affecting the sustainability and accessibility of medical aid in Zimbabwe. The call comes as the association began its four-day conference yesterday in Bulawayo. The event is being held under the theme: Mastering the…
THE Zimbabwe Tourism Authority (ZTA) says Mercedes-Benz’s recent expedition to Victoria Falls has strengthened the country’s position as a leading tourism destination and raised the profile of its attractions in…
CFI Holdings (CFI) doubled soyabean sales volumes at its Glenara Estates in the third quarter ended June 30, 2026, as it prioritised the higher-value crop to support revenue amid weaker maize prices. The shift reflects growing interest in soyabeans, which command a higher producer price than maize. The Grain Marketing Board early this year set…
STARAFRICA Corporation (Starafrica) sales volumes across its two sugar divisions rose significantly in the first quarter ended June 30, 2026, supported by improved consumer spending linked to strong activity in the mining and tobacco sectors. Zimbabwe’s 2026 tobacco marketing season closed with a record harvest of about 358 million kilogrammes, generating more than US$890 million…
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…
ZIMBABWE’S Finance ministry has strongly warned creditors and suppliers from hiring third parties and consultants to pursue their debts, as authorities move to stave off undue pressure and possible extortion.…
CAFCA Limited (Cafca) reported an eight percent uptick in exports during the nine months to June 30, 2026, mainly driven by a stable monetary environment in the domestic economy which improved trading conditions. The cables manufacturer last year recalibrated its regional strategy, pivoting toward direct business-to-business (B2B) sales as it sought to revive export earnings,…
MEIKLES Limited (Meikles) is planning to expand its supermarket network in the coming financial year in a push to grow revenue and reclaim market share from the informal sector. The expansion comes after the group’s performance for the year ended February 28, 2026, was weighed down by intense competition from informal traders and subdued consumer…
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