FINANCIAL SERVICES

ZB to float $50m bond for urban tollgates

ZB Financial Holdings is in discussion with Harare City Council (HCC) to fund urban tollgates in the next few months to raise money for road rehabilitation and maintenance in and around the city. ZB i...

By Staff reporter | Published: 19 January 2018

FINANCIAL SERVICES

ZB Financial Holdings headed for split

THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Limited (T...

By Staff reporter | Published: 12 January 2018

ANNOUNCEMENTS

ZBFH.zw | Cautionary Statement

Shareholders and members of the public are advised that ZB Financial Holdings Limited ("ZBFH" or "the Company") is engaged in negotiations concerning a material transaction which, if concluded, may ha...

By ZBFH | Published: 29 November 2017

FINANCIAL SERVICES

ZB hails sanctions delisting

ZB FINANCIAL Holdings (ZB) has lauded the United States' decision to remove the institution from the sanctions list, saying the move re-opened avenues to work with other financial institutions across ...

By Staff reporter | Published: 20 September 2017

FINANCIAL SERVICES

ZBFH abandons Mozambique plans

ZIMBABWE Stock Exchange-listed financial services provider, ZB Financial Holdings Limited (ZBFHL), has abandoned plans to set up a unit in neighbouring Mozambique due to foreign currency shortages.Ron...

By Staff reporter | Published: 24 August 2017

FINANCIAL SERVICES

ZB engages Visa, card ready in Q3

ZB Financial Holdings is working towards the introduction of Visa cards in the third quarter of the year.Visa is a global payments technology company that connects consumers, businesses, banks and gov...

By Staff reporter | Published: 15 August 2017

FINANCIAL SERVICES

ZB in massive land bank acquisition

Listed financial services group ZB Financial Holdings has embarked on a massive acquisition of land across the country to support strategic growth.The group chief executive officer, Ronald Mutandagayi...

By Staff reporter | Published: 15 August 2017

FINANCIAL SERVICES

ZB sets aside $10m for land bank acquisitions

ZB Financial Holdings says the acquisition of land banks remains a focus area for the group as it believes this to be a source of strategic growth in the future.Speaking at the group's analysts briefi...

By Staff reporter | Published: 15 August 2017

FINANCIAL SERVICES

ZB seeks $35m lines of credit

ZB Financial Holdings (ZBFH) is negotiating for $35 million lines of credit from regional banks, as it seeks to fund its various operations."The group has made inroads in mobilising lines of credit. A...

By Staff reporter | Published: 11 August 2017

FINANCIAL SERVICES

ZB surprises the market, increase earnings by 40%

ZBFH reported a better than expected H1 17 performance highlighted by a 39.9% increase in attributable earnings to $7.9m, for eps of US 4.49cents. The performance was driven by increased transactional...

By Ngoni Shenjere | Published: 10 August 2017

LATEST PUBLISHED REPORTS

ZBFH.zw | Unaudited Financial Results HY17

Financial Highlights:– Total income $ 34 470 352– Profit from ordinary activities $ 10 552 106– Profit before taxation $ 9 443 067– Net profit for the period $ 8 167 025– Dividend Nil– Tot...

By ZBFH | Published: 10 August 2017

FINANCIAL SERVICES

ZB resumes international business

FINANCIAL services group, ZB Financial Holdings, has resumed international business after it was removed from the United States of America sanctions list last year, group chief executive officer, Ron ...

By Staff reporter | Published: 10 August 2017

FINANCIAL SERVICES

ZB floats $60m Zinara bond for road repairs

ZIMBABWE National Roads Administration (Zinara), through ZB Bank, is floating a $60 million bond to spruce up the country's road network, half of which was recently damaged by rains, ZB Financial Hold...

By Staff reporter | Published: 10 August 2017

BUSINESS NEWS

ZBC ordered to reinstate top buyer

THE Labour Court has ordered State broadcaster, the Zimbabwe Broadcasting Corporation (ZBC), to reinstate its procurement executive officer, Constantino Tsatsayi, whose contract was terminated last ye...

By Staff reporter | Published: 31 July 2017

ANNOUNCEMENTS

ZBFH.zw | Dividend Announcement

Details:- Date Announced :Friday, 26 May 2017- Dividend declared for the period :31 December 2016- Dividend Amount per share :1.26 US cents- Dividend Record Date :16 June 2017- Last day to trade cum-d...

By A | Published: 05 July 2017

ANNOUNCEMENTS

ZBFH.zw| Notice of Annual General Meeting

Notice is hereby given that the Twenty-Eighth Annual General Meeting of the shareholders of ZB Financial Holdings Limited will be held in the Board Room, Ground Floor, 21 Natal Road, Avondale, Harare,...

By A | Published: 05 July 2017

LATEST PUBLISHED REPORTS

ZBFH.zw | Audited Financial Results FY16

Financial Highlights:- Total income $ 65,069,820- Profit from ordinary activities $ 15,605,805- Profit before taxation $ 12,825,536- Profit for the year $ 11,430,911- Dividend Nil- Total comprehensive...

By A | Published: 05 July 2017

FINANCIAL SERVICES

Vingirai threatens ZB pull out

Government is likely to regain its 23,5 percent stake in ZB Financial Holdings (ZBFH) after businessman Nicholas Vingirai threatened to pull out of the banking group due to shareholder disagreements.M...

By Staff reporter | Published: 04 July 2017

LATEST PUBLISHED REPORTS

ZBFH.zw | Unaudited Financial Results HY16

Financial highlights:– Total income: $ 29 387 348– Profit from ordinary activities: $ 7 561 662– Profit before taxation: $ 7 049 989– Net profit for the period: $ 5 935 416– Dividend: Nil–...

By ZB | Published: 04 July 2017

FINANCIAL SERVICES

ZB targets profitability in 2015

ZB Financial Holdings (ZB), one of the big banking institutions with a strong asset base in the country, is aiming a return to profitability this year through reduced overheads and product innovation....

By Staff reporter | Published: 07 June 2015

FINANCIAL SERVICES

Former ZB Financial Holdings CEO dies

TOP banker, Elisha Nyikadzino Mushayakarara has died.He was born on 8 April 1943.  A BSc (Econ) graduate from (London) University College of Rhodesia & Nyasaland. Mushayakarara left his post...

By Staff reporter | Published: 16 February 2015

LATEST PUBLISHED REPORTS

ZBFH | Unaudited results for HY ended 30 Jun 14

Financial Highlights:- Total income: $ 26 857 963- Operating income: $ (2 072 266)- Loss before taxation: $ (1 466 031)- Income tax credit: $ 91 540- Loss for the period: $ (2 627 622)- Dividend: Nil-...

By ZBFH | Published: 29 August 2014

FINANCIAL SERVICES

ZBFH seek investors for banking arm

ZB Financial Holdings says it is looking for looking for "third party" investors for its banking arm in a bid to meet the Reserve Bank of Zimbabwe's comprehensive re-capitalisation requirements.All co...

By Staff reporter | Published: 03 July 2014

FINANCIAL SERVICES

ZB Financial Holdings disposes of two properties

Two ZB Financial Holdings companies have been let go by the group after low performance with no hope of clear sign of turning profits.Addressing the group's AGM Non-Executive Director Tendai Mafunda s...

By Staff reporter | Published: 27 June 2014

FINANCIAL SERVICES

ZB to dispose of two units

ZB Financial Holdings intends to sell its asset management and stockbroking units to focus on core business areas of banking and insurance, a company official has said.Spokesperson Ms Estar Toto last ...

By Staff reporter | Published: 26 May 2014
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