Stanbic rides lending boom to 48% profit jump

STANBIC Bank Zimbabwe registered a near 48% increase in profit after tax to ZiG1,66 billion for the financial year ended December 31, 2025,
By Tatira Zwinoira 15h ago

CABS lines up new credit facilities to power lending growth

CABS is in advanced negotiations to secure additional lines of credit to support lending to productive sectors of the economy, as the building society moves to expand financing for key industries.
By Tatira Zwinoira 15h ago

Accounts manager faces US$10K theft charges

Simbarashe Rondozai was remanded in custody by magistrate Ruth Moyo and is expected to return to court this week for a bail application.
By Trevor Mutsvairo Mar. 29, 2026

Afreximbank picks Egypt’s El Alamein for 33rd Annual Meetings

He said the next phase now requires prioritising the processing and value addition of goods traded under the African Continental Free Trade Area (AfCFTA).
By Business Reporter Mar. 28, 2026

Egypt to host Afreximbank’s 33rd annual meetings

Afreximbank president and board chairman George Elombi thanked the Egyptian government for hosting the event.
By Mthandazo Nyoni Mar. 28, 2026

NBS crowned 2026 IOBZ Interbank Quiz champions

First Capital Bank Zimbabwe took second place, while NMB Bank finished third in a contest that brought together banking professionals from across the industry. 
By Business Reporter Mar. 27, 2026

Stanbic Bank posts ZiG1,7bn FY profit

New branches were opened in Chiredzi and Masvingo to extend the bank’s reach. Looking ahead, Mkanganwi said the growth outlook remains strong given commodity price trajectories.
By Staff Writer Mar. 27, 2026

Caledonia lines up Zim, SA banks for Bilboes’ US$150m capital raise

Standard Bank Group is the parent company of Stanbic Bank Zimbabwe that together with CBZ Bank are the local arrangers for the proposed facility.
By Tatira Zwinoira Mar. 27, 2026

Will lower fees bring cash out from under mattresses?

The informal sector still accounts for over 70% of economic activity, according to the Zimbabwe National Statistics Agency.
By Justice Chigombe Mar. 27, 2026