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RBZ absorbs ZiG490.5m as demand for local-currency instrument grows

RBZ absorbs ZiG490.5m as demand for local-currency instrument grows

The Reserve Bank of Zimbabwe has absorbed ZiG490.5 million through its latest 30-day Term Deposit Facility, with every bid received allotted at an 8% annual interest rate, highlighting growing partici...

By Oscar Jeke •
Varun’s Dairibord Takeover Faces Competition Probe

Varun’s Dairibord Takeover Faces Competition Probe

Zimbabwe’s competition regulator has opened a formal investigation into Varun Beverages Holding’s proposed acquisition of a 48.79% stake in Dairibord Holdings, putting the transaction under scrutiny o...

By Oscar Jeke •
ZIDA, InvestHK Forge Investment Partnership

ZIDA, InvestHK Forge Investment Partnership

 The Zimbabwe Investment and Development Agency and Invest Hong Kong have signed a Memorandum of Understanding aimed at strengthening investment flows between Zimbabwe and Hong Kong.Signed on August 3...

By Audrey Galawu •
CAAZ Approves New Air Logistics Frontier

CAAZ Approves New Air Logistics Frontier

Zimbabwe has opened a new frontier in commercial aviation after the Civil Aviation Authority of Zimbabwe approved Drone Solutions Zimbabwe to conduct commercial drone delivery operations, paving the w...

By Oscar Jeke •
CBZ Holdings profit falls 20 percent in first half

CBZ Holdings profit falls 20 percent in first half

 CBZ Holdings recorded a 20 percent decline in profit after tax to ZWG691.64 million for the six months ended June 30, 2026, despite growth in assets, customer deposits and loans.The financial service...

By Audrey Galawu •
Adventist Expo Opens New Market Opportunities for Entrepreneurs

Adventist Expo Opens New Market Opportunities for Entrepreneurs

 Businesses and entrepreneurs from Zimbabwe’s Adventist community are set to showcase their products and services at the inaugural Mega Exhibitions and Big Sabbath, creating a platform for networking,...

By Audrey Galawu •
London listed Caledonia Mining emerges with bigger Zimbabwe gold resource base

London listed Caledonia Mining emerges with bigger Zimbabwe gold resource base

London and New York Stock Exchange-listed Zimbabwean gold miner Caledonia Mining Corporation has expanded its mineral resource base in the country, increasing measured and indicated resources at its B...

By Nyashadzashe Ndoro •
ZB Bank Taps Fintech Builder Arthur Matsaudza as New Chief Executive

ZB Bank Taps Fintech Builder Arthur Matsaudza as New Chief Executive

 ZB Financial Holdings has appointed Arthur K. Matsaudza as Chief Executive Officer of ZB Bank Limited, effective 1 October 2026, placing a fintech and digital-banking specialist at the helm of one of...

By ZimNow Reporter •
Zimbabwe lithium earnings explode 413% to US$1.25bn

Zimbabwe lithium earnings explode 413% to US$1.25bn

Zimbabwe’s lithium industry has generated US$1.247 billion from 816,774 tonnes of concentrate in the first eight months of 2026, with export value surging more than fourfold from the same period last...

By Oscar Jeke •
RBZ offers 8% ZiG return in fresh 30-day liquidity operation

RBZ offers 8% ZiG return in fresh 30-day liquidity operation

 The Reserve Bank of Zimbabwe has opened a fresh 30-day ZiG-denominated investment window offering an annual interest rate of 8%, as the central bank steps up the use of market-based instruments to mo...

By Oscar Jeke •