NMB Announces Significant Financial Milestones and Economic Outlook

NMBZ Holdings Limited has announced the disbursement of US$25 million by its subsidiary, NMB Bank Limited (NMB), from a US$50 million facility provided by Afreximbank, allocated to the mining and construction sectors during the third quarter ending September 30, 2025. This represents 50% of the total facility, underscoring the bank’s commitment to supporting key growth sectors. Additionally, NMB is finalizing a US$15 million Agrobond to enhance credit access for the agriculture sector.

Sponsor Logo

Rainbow Hotels — Experience Luxury Across Zimbabwe

Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, and modern conference facilities in Harare, Bulawayo, and Victoria Falls.

Whether for business or leisure, Rainbow Hotels delivers unmatched comfort, exceptional service, and a truly premium guest experience tailored to modern travellers.

Book Now
Sponsored Content

The bank’s subsidiary, NMB Properties, has completed two residential cluster developments in Harare, comprising 18 and 10 units, respectively. Furthermore, Xplug Solutions, another subsidiary, has concluded fintech projects for banks in Tanzania, Uganda, and Rwanda, expanding its regional footprint.

Commenting on the economic environment, NMB noted stability in Zimbabwe’s inflation and exchange rates for the nine months to September 2025, attributed to the Central Bank’s prudent monetary policies. The monthly ZWG inflation averaged 0.5% between February and September 2025, while the interbank exchange rate stabilized at approximately ZWG 26.76/USD in Q3 2025. Robust gold and platinum prices contributed to increased foreign currency inflows.

Financial performance for the period included an operating income of ZWG1.3 billion, with net interest income rising 63% year-on-year, driven by loans to productive sectors. Operating expenditure grew by 70% to ZWG1.1 billion, reflecting restructuring costs aimed at enhancing operational efficiency. The bank’s regulatory capital adequacy ratio stands at 27.64%, well above the required 12%, affirming its strong capitalization.

Globally, the International Monetary Fund (IMF) projects a moderate slowdown in GDP growth to 3.2% in 2025, compared to 3.3% in 2024.

NMB Bank remains focused on sustainable growth, leveraging strategic partnerships and innovation to support Zimbabwe’s economic development.

Business

Exports Drive Structural Shift as Zimbabwe Nears US$9,1bn Mark

Zimbabwe’s 2025 export performance is increasingly confirming a decisive shift from a consumption-oriented economy towards an export-led growth model, with recent trade outcomes reflecting deeper structural changes underway across productive sectors. As the country advances its Vision 2030 ambitions, the momentum recorded in external trade points to a maturing economic strategy anchored on value addition, […]

Read More
Business

Gold on the Horizon: Caledonia’s 2026 Production Outlook Shines Bright

Caledonia Mining Corporation has announced its Q4 and FY2025 production results for the Blanket Mine in Zimbabwe, and the numbers are looking solid. The company produced 76,213 ounces of gold in FY2025, meeting its increased guidance of 75,500-79,500 ounces and matching the previous two years’ output. Rainbow Hotels — Experience Luxury Across Zimbabwe Rainbow Hotels […]

Read More
Business

Govt, Miners Align on 2026 Gold Output Drive

HARARE — Government has intensified engagements with gold miners as Zimbabwe sharpens focus on meeting its 2026 gold production targets, underscoring the mineral’s central role in foreign currency generation, economic stability and industrial growth. Rainbow Hotels — Experience Luxury Across Zimbabwe Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, […]

Read More