finance

Stanbic Bank posts ZWG1,7 billion full-year profit

STANBIC Bank Zimbabwe (Stanbic) recorded a profit after tax of ZWG1,7 billion for the year ended December 31, 2025, a 48 percent increase from the prior year, driven by robust loan book growth and strong economic fundamentals. The bank’s net interest income grew by 77 percent to ZWG1,8 billion, underpinned by a 57 percent expansion…

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NRZ to appoint substantive GM in April

THE National Railways of Zimbabwe (NRZ) is set to appoint a substantive general manager early next month as part of efforts to revitalise the parastatal, its parent company, Mutapa Investment Fund (MIF) has said. The national rail company has been operating for over a year without a substantive general manager after Respina Zinyanduko, the first…

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