The Markets Ledger

Banks rethink profit drivers, as scrutiny tightens

Zimbabwe’s banking sector is undergoing a strategic shift, with major financial institutions increasingly turning to deposit mobilisation and loan growth as regulatory pressure squeezes traditional fee income streams.

FCB-Makasa $30m deal approved

COMESA, the Zimbabwe Revenue Authority (Zimra) the Competition and Tariff Commission (CTC) of Zimbabwe, have all granted approval.

FCB profits surge 52pct

First Capital Bank (FCB) posted a US$30 million profit after tax for the year ended 31 December 2025, rising 52 percent from prior comparable period, underpinned by customer growth and efficiencies driven by digital transformation.