Tongaat seeks lifeline as liquidation battle heads to court
Tongaat Hulett Limited is seeking an extension of its critical post-commencement funding (PCF) facility from the Industrial Development Corporation (IDC),…
Category: Finance
Financial news, markets, and analysis
NMBZ outlines capital strategy, eyes share repurchase
NMBZ Holdings Limited will seek shareholder approval for a share buyback programme of up to 10% of its issued shares…
Afreximbank picks St Kitts and Nevis for ACTIF2026
The African Export-Import Bank (Afreximbank) has signed a hosting agreement with the Government of Saint Kitts and Nevis for the…
Lenders invited to tap into RBZ’s horticulture facility
THE Horticulture Enterprise Enhancement Project has invited financial institutions to submit expressions of interest to access a Reserve Bank of…
ZSE stability, VFEX gains drive pension funds’ equities appetite
Zimbabwe’s pensions industry significantly increased its investments in equities in the fourth quarter of 2025, buoyed by strong gains on…
Alliance Insurance hit with US$4m writ over fire claim
The High Court has issued a writ of execution against Alliance Insurance Company following its failure to pay a US$4…
World Bank notes signs of stability, potential in Zim
Zimbabwe has recorded a positive fiscal balance and is showing early signs of macroeconomic stabilisation, according to the World Bank’s…
‘Tight liquidity to anchor ZiG stability beyond 2026’
THE ZiG exchange rate is likely to remain stable beyond 2026, supported by tight liquidity conditions and restrained money supply…
Basic goods prices set to keep rising amid fuel hikes
Production and transportation costs have also gone up, given that fuel is a key component in many sectors. Bread prices…
RBZ holds interest rate amid global fuel shock
THE Reserve Bank of Zimbabwe has left its benchmark interest rate unchanged at 35 percent in response to the inflationary…