Banking sector profits drop in tough first half
Zimbabwe’s banking sector reported a sharp plunge in profits during the first half of 2025, with aggregate earnings falling to ZiG5,0 billion, the Reserve Bank of Zimbabwe (RBZ) said yesterday.
By Mthandazo Nyoni
2h ago
ZiG market usage surges to 40% amid low confidence
THE Reserve Bank of Zimbabwe (RBZ) has reported a huge 14 percentage point increase in ZiG (Zimbabwe Gold) usage to 40% until June since its release, amid lingering concerns over accessibility.
By Tatira Zwinoira
2h ago
Central bank signals liquidity relief despite cash crunch
Consequently, the RBZ is responding to the deepening liquidity crunch that has stalled lending and strained economic activity resultantly.
By Blessed Ndlovu
2h ago
Premium
It’s much ado about nothing: Mthuli Ncube’s mid-term budget review gets thumbs down
Key sectors such as mining, retail, and manufacturing—vital engines for sustainable economic recovery—were notably absent from any meaningful reform agenda.
By Ashton Ndakusiya
Aug. 3, 2025
Zim banks erect firewalls against bad loans — RBZ
The use of reserve money to stabilise the exchange rate was preferred
By Freeman Makopa
Aug. 1, 2025
De-dollarisation requires more than good numbers
The ZiG has brought some stability, with analysts saying it has performed better than previous domestic units in recent times
By Staff Reporter
Jul. 15, 2025
‘ZiG stability longest in recent times’
Since then, the ZiG has devalued to US$1:ZiG26,83, showing relative stability.
By Belinda Chiroodza
Jul. 14, 2025
Editor’s Memo: Why inflation remains a pain
In South Africa, inflation sits at 5,5%. Zambia, 14,7%. Malawi is creeping toward discomfort at 28,6%, Angola posts 21,3%
By Shame Makoshori
Jul. 11, 2025
CFI overturns loss, posts profit after tax of ZiG493,64m in H1
Beneath the headline profit, however, the company’s financials raise questions about the sustainability of its core operations.
By Tatira Zwinoira
Jul. 7, 2025
