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Matabeleland firms shine at ZNCC awards
Mr. Hafiz Muhammad Naeem of Evergold was the star of the evening on Friday as he took home the Overall Winner and Businessman of the Year awards at the Zimbabwe National Chamber of Commerce (ZNCC) 202...Published: 01 Jun 2025 at 14:57hrs | 173 | by Staff reporter
Lake Mutirikwi hydro power plant nears completion
THE US$14,6 million hydro power plant that has a rated output of five megawatts of electricity that will be added to the national grid is now 70 percent complete and is expected to be commissioned in ...Published: 03 Mar 2024 at 08:45hrs | 2 | by Staff reporter
CBZ, ZB hint on potential merger
GIANT financial institutions, CBZ and ZB Holdings Limited have notified their shareholders of separate potential acquisitions that could have an impact on securities prices.In a cautionary sta...Published: 20 Jun 2022 at 06:40hrs | 1 | by Staff reporter
New details on Intermarket bank heist
There is growing unease at ZB Financial Holdings Limited (ZBFHL) after recent revelations Transnational Holdings Limited (THL) the second-largest shareholder is pushing for a separation following the ...Published: 08 Aug 2021 at 07:17hrs | 1 | by Staff reporter
Zimra commences deducting mining royalties
THE Zimbabwe Revenue Authority (Zimra) has started executing its recently added mandate of deducting mining royalties, through banking institutions, on behalf of Treasury.The tax authority sai...Published: 16 Jun 2021 at 08:18hrs | 1 | by Staff reporter
Vingirai to regain control of seized banking assets
VETERAN banker Nicholas Vingirai stands to regain full control of his banking assets which were controversially seized by government in 2004 and later sold to ZB Holdings, once a deal to split the int...Published: 10 Aug 2018 at 11:32hrs | 4 | by Staff reporter
Zimbabwean banks removed from US sanctions list
The United States Department of the Treasury's Office of Foreign Assets Control (OFAC) removed ZB Financial Holdings, its subsidiaries, the Industrial Development Corporation along with other indi...Published: 05 Oct 2016 at 06:33hrs | 1 | by Staff reporter
ZB Bank runs out of cash
CHAOS rocked ZB Bank branches in most parts of the country between Friday and yesterday, as depositors refused to leave banking halls after failing to get their cash from both inside the bank and at i...Published: 01 Dec 2015 at 15:27hrs | 1 | by Staff reporter
ZB Holdings to push up the uptake of its cluster houses
ZB Financial Holdings Limited is seeking partnerships with real estate agents to push up the uptake of its cluster houses in Hatfield. The housing units range between $122 000 to $135 000 acce...Published: 16 Nov 2015 at 07:28hrs | 6 | by Staff reporter
Alexandra Forbes rebrands
Alexander Forbes Zimbabwe has rebranded to Willis Faber Dumas and Roland (WFDR) Risk Services (Pvt) Ltd and is eyeing a 25% market share by the end of 2016. WFDR general manager Mapiye Chi...Published: 18 Sep 2015 at 07:08hrs | | by Staff reporter
ZB Holdings looking for land banks
ZB Holdings is in discussion with various councils throughout the country for land to venture into low-cost housing, an executive has said. Banks are venturing into property development to...Published: 04 Sep 2015 at 07:33hrs | | by Staff reporter
Vingirai in new effort to get Intermarket back
Nicholas Vingirai's Transnational Holdings together with Econet Wireless Holdings Limited have resuscitated their legal battle to get the former Zimbank and Intermarket takeover reversed after filing...Published: 23 May 2013 at 14:20hrs | 3 | by Financial Express
US private equity firm closes in on FBC Holdings
UNITED STATES private equity firm Equator Capital is nearing a deal to acquire a 10 percent shareholding in Zimbabwe Stock Exchange-listed financial group, FBC Holdings, sources familiar with the deal...Published: 22 May 2013 at 03:43hrs | | by Business reporter
3 companies proposing to list on the Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange (ZSE) listing drought is expected to end amid revelations that three new companies are proposing to list on the local bourse.According to official sources within t...Published: 08 May 2012 at 05:23hrs | | by Staff reporter
Tendai Biti to inject more money into economy
FINANCE Minister Tendai Biti will next week announce a raft of measures aimed at easing the current liquidity challenges in the economy.Minister Biti said that the liquidity challenges should ...Published: 11 Feb 2012 at 00:27hrs | 3 | by Staff reporter
Nicholas Vingirai to bounce back as a major shareholder at ZB Holdings
VILIFIED exiled banker Mr Nicholas Vingirai is set to bounce back as a major shareholder of ZB Holdings Limited according to a deal which is being brokered by lawyer and TN Holdings group chief execu...Published: 12 Jun 2011 at 10:21hrs | 13 | by Mafu Sithabile
Zim economic rebound needs a stable political environment
Zimbabwe's economy is on a rebound that now needs to be sustained by a more stable economic and political environment. This came out clearly at the World Economic Forum on Africa dinner hosted on Wed...Published: 07 May 2011 at 18:51hrs | | by Victoria Ruzvidzo
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