CBZ secures US$80 million, eyes US$100m war chest

Group chief executive officer Lawrence Nyazema said part of the funding would also be channelled towards productive sectors, including mining, manufacturing and agriculture.
By Ruth Maseko Apr. 10, 2026
Masimba seeks payment plans as liquidity squeeze tightens
Masimba seeks payment plans as liquidity squeeze tightens
The move comes as Masimba’s order book stands at US$278 million, underpinned by new contracts across mining, construction, housing development and roads.
By Blessed Ndlovu Apr. 10, 2026
Chinhoi carries winning streak into NetOne President’s Cup
 Compatriot Visitor Mapwanya finished a distant second at 5-under-par, while Cameroon’s Pristhy Nji Fon claimed third place at 1-under-par.
By Munyaradzi Madzokere Apr. 10, 2026
Innscor’s financial results: It takes money to make money
In October, I wrote about Innscor’s results in Money Never Sleeps. The story was about incredible revenue growth: a billion-dollar company growing at 19%. 
By Tinashe Mukogo Apr. 10, 2026
Dairibord expansion: Volume growth, margin compression
While top-line growth and pre-tax earnings point to early stage recovery, pressures around pricing, and taxation continue to weigh on earnings growth.
By Kudakwashe Taimo Apr. 10, 2026
France targets bigger Africa investment as Nairobi summit looms
FRANCE has pledged to ramp up investment in Africa, where its capital commitments reached €52 billion (US$61 billion) in 2024,
By Tinashe Kairiza Apr. 9, 2026
Afreximbank assets surge to US$48,5bn amid strong earnings growth
AFRICAN Export-Import Bank (Afreximbank) grew its total assets and contingencies to US$48,5 billion in 2025
By Mthandazo Nyoni Apr. 9, 2026
Afreximbank rolls out US$10bn lifeline as Gulf conflict rattles African,  Caribbean economies
“Additionally, it provides short term relief to African and Caribbean member states whose tourism and aviation industries have been adversely impacted by the crisis.”
By Mthandazo Nyoni Apr. 7, 2026
US$84m Old Mutual funds trapped in Zim
The firm’s local subsidiary, Old Mutual Zimbabwe (OMZ), is now engaging authorities to resolve the issue, businessdigest has learnt.
By Blessed Ndlovu Apr. 2, 2026
SA miner Valterra seeks payment plan
The company said it was in discussions with the Ministry of Finance, Economic Development and Investment Promotion (MoFED) after revealing last month that authorities owed it R1,9 billion.  
By Tatira Zwinoira Apr. 2, 2026
Zim’s rabbit sector pushes for scale as demand grows
Zimbabwe’s rabbit industry is currently in a growth phase, although it remains constrained by limited production capacity
By Mthandazo Nyoni Apr. 2, 2026
CABS takes US$15m hit from new tax
The growth was driven by a fair value adjustment gain of US$2,64 million and a recovery in investment-related income, which rebounded from a prior-year loss of US$6,54 million.
By Tatira Zwinoira Apr. 2, 2026
Proplastics plan US$2,4 million capital injection
The planned investment follows a solid performance in the financial year ended December 31, 2025, when profit after tax rose nearly 16% to US$1,38 million.
By Tatira Zwinoira Apr. 2, 2026
Boma drum seeps through the bone marrow in Victoria Falls
“Based on what we are seeing here, we are in the 50% range occupancy levels as Victoria Falls as a destination, which is not normally the case in these low-season months.”
By Shame Makoshori Apr. 2, 2026
Zimplow bets on agriculture for FY26, as turnaround kicks into gear
In its financial year ended December 31, 2025, Zimplow reported a loss of US$489 704 compared to the prior year’s US$2,16 million losses.
By Farming Reporter Apr. 2, 2026
Navigating South Africa's 2026 iGaming Shakeup
By partnering directly with top-tier operators, SAC secures exclusive deals that give local players the highest possible value when joining a new site.
By Theindependent1 Mar. 30, 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
Old Mutual Notice
Accordingly, shareholders and the investing public are advised to exercise caution when dealing in the Company's shares until a further announcement is made.
By The Zimbabwe Independent Mar. 27, 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
Aura Group rebrands
Alongside the transition, the company has launched Infinity Connect, a connectivity package aimed at households and small businesses.
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
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
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
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
The million-dollar return, Vincent reaps huge rewards in lucrative LIV Golf League
After an agonising relegation at the end of the 2024 season, the 33-year-old sensation is poised to author a remarkable comeback story this season.
By Munyaradzi Madzokere Mar. 27, 2026
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
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