STANBIC Bank recorded a 39 percent increase in customer deposits to ZiG20,9 billion for the year ended December 31, 2025, driven by improved customer acquisition, rising market confidence and enhanced deposit mobilisation efforts.Advertisements The strong deposit growth comes amid a stable macroeconomic environment marked by easing inflation and tighter liquidity controls. The bank’s performance was…
UNIFREIGHT Africa (Unifreight) plans to shore up its fleet and capacity this year as it races to grow tobacco haulage volumes to over 100 million kilogrammes (kgs) in 2026 from 84 million kgs transported in 2025.Advertisements The transport and logistics firm will acquire an additional 70 trucks in the operating plan to meet a target…
GETBUCKS Microfinance Bank (GetBucks) says it is targeting to complete the revamping of its information communication technology (ICT) systems by the end of the second quarter this year.Advertisements Through investing in these digital upgrades, the deposit-taking micro lender wants to expand market share and remain competitive. “The bank will look to improve operational efficiencies as…
FBC Holdings recorded a 69 percent increase in profit after tax to ZiG789,1 million for the year ended December 31, 2025, driven by strong growth in core income streams.Advertisements Income from lending, transactions and payment processing rose 34 percent and now contributes over 80 percent of total revenue. “These results underscore the group’s resilience in…
ECONET InfraCo has announced the development of a multimillion-dollar luxury resort in Victoria Falls as part of the billion-dollar infrastructure platform’s broader strategy to expand into high-end tourism infrastructure. The…
GLOBAL oil prices have fallen sharply and stock markets have jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the key…
Experiencing the Eiffel Tower can be a crowded affair – about 7 million people visit each year – but now you can enjoy a part of this majestic French monument in your…
By Mpho Hlakudi and Khuleko Siwele, Bloomberg South Africa’s rand soared, government bond yields tumbled and stocks jumped the most in six years as investors piled back into emerging-market assets that…
THE government has warned that Zimbabwe’s winter wheat crop is under serious threat due to a critical fertiliser shortage, driven by disruptions in global supply chains linked to the ongoing Middle East conflict.Advertisements Permanent Secretary in the ministry of Agriculture, Obert Jiri, said the situation posed a major risk to agricultural productivity and food security.…
THE government says Botswana President Duma Boko is expected to officially open this year’s Zimbabwe International Trade Fair (ZITF), highlighting growing bilateral ties and deepening regional cooperation.Advertisements Addressing a post-Cabinet media briefing in Harare yesterday, the minister of Information, Zhemu Soda, said more than 90 percent of exhibition space had already been taken up. “Cabinet…
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