Business Digest

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 15h ago

Egypt to host Afreximbank’s 33rd annual meetings

NBS crowned 2026 IOBZ Interbank Quiz champions

By Business Reporter Mar. 27, 2026

Aura Group rebrands

By Chen Williams 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

Pension funds tighten grip on equities market

On the sell side, other financial institutions led disposals, offloading shares worth ZiG515,32 million (43,28%), while individual investors sold shares valued at over ZiG79,5 million (6,68%).

By Tatira Zwinoira Mar. 27, 2026

Pension funds tighten grip on equities market

Willdale pins turnaround on US$14,5m land sales

Willdale widened its loss to US$953 490 for the year-ended September 30, 2025, reflecting constrained working capital, reduced production throughput and rising operating costs.

By Tatira Zwinoira Mar. 27, 2026

Willdale pins turnaround on US$14,5m land sales

Innscor unit snaps 27,32% stake in Tanganda

Existing shareholders took up 120 553 102 shares, representing 45,66% of the offer, while Rutanhi absorbed the remaining 143 473 301 shares, accounting for 54,34%.

By Tatira Zwinoira Mar. 27, 2026

Innscor unit snaps 27,32% stake in Tanganda

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

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

No missile will break our inflation resolve, says RBZ

The assurance came as global crude markets reeled from a war that has disrupted flows through a strategic artery handling roughly 20% of world oil supply.

By Mthandazo Nyoni Mar. 27, 2026

No missile will break our inflation resolve, says RBZ

Afreximbank backs Africa’s digital trade future with new startup accelerator

More than 1 600 startups applied. Only eight made the cut.

By Mthandazo Nyoni Mar. 26, 2026

Afreximbank backs Africa’s digital trade future with new startup accelerator

IIZ expands regional footprint as demand for insurance professionals rises

Muradzikwa said the milestone reflected not only the determination of the graduates but also the support of families, mentors and employers who had accompanied them along the way.

By Mthandazo Nyoni Mar. 21, 2026

IIZ expands regional footprint as demand for insurance professionals rises

Windmill seeks US$10m for agro-industrial hub

“Our target is to raise about US$10 million, which will be used to construct a service centre in front of Nemakonde Road,” he said, referring to a site near Westgate.

By Concilia Mupezeni Mar. 20, 2026

Windmill seeks US$10m for agro-industrial hub

Standard Bank dollarises Zim unit, tightens risk controls

The bank posted profit after tax of ZiG682,2 million for the half year to June 2025, up from ZiG27,1 million in the comparable period.

By Tatira Zwinoira Mar. 20, 2026

Standard Bank dollarises Zim unit, tightens risk controls

Delta pours US$39m into local grain supply

Murambinda said the company’s sorghum programme complements its commercial grain supply, anchoring production in its traditional beer segment.

By Freeman Makopa Mar. 20, 2026

Delta pours US$39m into local grain supply

Old Mutual keeps Zim business ring-fenced as fund transfers stall.

The decision, applied prospectively, reflects the economy’s continued reliance on the US dollar and brought an end to hyperinflation accounting for the unit.

By Tatira Zwinoira Mar. 20, 2026

Old Mutual keeps Zim business ring-fenced as fund transfers stall.

‘Tax hikes threaten Simbisa Brands growth momentum’

The group plans to roll out 31 new outlets and refurbish 21 stores by June 2026, part of a broader strategy to deepen its footprint across the region.

By Tatira Zwinoira Mar. 20, 2026

‘Tax hikes threaten Simbisa Brands growth momentum’

Zimbabwe–Uganda trade below US$1m, growth potential huge — ZimTrade

Majuru said a market scan conducted by ZimTrade in Uganda last year revealed several opportunities for stronger commercial cooperation.

By Business Reporter Mar. 19, 2026

Zimbabwe–Uganda trade below US$1m, growth potential huge — ZimTrade

Old Mutual keeps Zim business ring-fenced as fund transfer stall

The challenge of repatriating funds outside Zimbabwe appeared again in the parent company’s annual financial statements for the period ended December 31, 2025.

By Tatira Zwinoira Mar. 18, 2026

Old Mutual keeps Zim business ring-fenced as fund transfer stall

Stanbic scholarship fund expands to Mashonaland West

Stanbic Bank Zimbabwe head of brand and marketing Tariro Memo said the institution places strong emphasis on education as a driver of opportunity and economic growth.

By Business Reporter Mar. 18, 2026

Stanbic scholarship fund expands to Mashonaland West

AfrexInsure appoints Lesley Ndlovu as new chief executive officer

Commenting on his appointment, Ndlovu said he was deeply honoured to assume the role at such a transformative moment in the company’s journey.

By Mthandazo Nyoni Mar. 16, 2026

AfrexInsure appoints Lesley Ndlovu as new chief executive officer

HEXA launches educational travel packages for schools

Destinations covered in the programme include Harare, Victoria Falls, Kariba, Bulawayo, Nyanga and Masvingo.

By Business Reporter Mar. 16, 2026

HEXA launches educational travel packages for schools

Nedbank bankrolls Mbare maternity clinic upgrade

Herry said the project aligned with national development priorities by focusing on maternal and child healthcare.

By Gracious Daniel Mar. 13, 2026

Nedbank bankrolls Mbare maternity clinic upgrade

Zim merger deals surge 86% as corporate activity rebounds

The commission said 2025 marked a significant shift in deal-making activity, driven by domestic consolidation and rising cross-border investment.

By Mthandazo Nyoni Mar. 13, 2026

Zim merger deals surge 86% as corporate activity rebounds

New monetary measures boosts pension funds prospects

Inflation slowed to 4,1% in January — the lowest level in more than three decades — while the exchange rate remained relatively stable under the willing-buyer willing-seller system.

By Mthandazo Nyoni Mar. 13, 2026

New monetary measures boosts pension funds prospects

Frenzy of optimism over Delta as Econet exit reshapes ZSE

With Econet leaving the exchange, analysts say Delta could absorb a significant portion of that investor demand.

By Tatira Zwinoira Mar. 13, 2026

Frenzy of optimism over Delta as Econet exit reshapes ZSE

‘Outstanding retention funds tied to govt, not RBZ’

In the past week, mining firms in Zimbabwe’s platinum sector reported that significant sums were owed to them, and attributed to the RBZ.

By Staff Writer Mar. 13, 2026

‘Outstanding retention funds tied to govt, not RBZ’

Stanbic Bank, NUST Launch Scholarship Fund for Matabeleland students

Under the programme, selected students will receive full tuition, accommodation, meals, laboratory and equipment fees, as well as a brand-new laptop.

By Business Reporter Mar. 12, 2026

Stanbic Bank, NUST Launch Scholarship Fund for Matabeleland students

Africa targets US$50bn in deals as Nigeria secures IATF 2027

Former Nigerian president Olusegun Obasanjo, who chairs the IATF2027 Advisory Council, said preparations were already under way to ensure a successful event.

By Mthandazo Nyoni Mar. 10, 2026