Full Year Results 2024

Full Year Results 2024

The Group’s operations remained profitable, posting a profit after tax (PAT) of ZWG1,167 billion from the ZWG 1,124 billion restated profit, in 2023. The Group’s profit performance is discussed in greater detail in the Group Chief Executive Officer’s report.

Why invest in ZB Financial Holdings?

Investing in Growth and Stability

Strong Financial Performance

ZB Financial Holdings has consistently demonstrated robust financial performance, marked by significant growth in total assets and equity. With a high return on equity and a strong liquidity ratio, the company remains financially resilient and well-positioned for future growth.

Comprehensive Financial Services

Offering a wide range of services including banking, insurance, and investment solutions, ZB Financial Holdings ensures that it meets the diverse needs of its clients. Its extensive network across Zimbabwe and Botswana enhances accessibility and customer satisfaction, making it a reliable choice for investors.

Commitment to Sustainability

ZB Financial Holdings is dedicated to sustainable business practices and ESG initiatives. By investing in cutting-edge technologies and promoting responsible financial services, the company aims to drive growth and create long-term value for all stakeholders.

Latest Investor Announcements

Stay informed with the most recent updates and key information on our financial performance and strategic initiatives.

Agnes Makamure, Chairman

The Group is confident that the implementation of its sustainable revenue generation and cost optimisation strategies will sustain the Group’s performance. These include, ongoing improvement with respect to the efficiency of front-end systems, brand equity promotion and continuation with the Group’s mantra of creating happy people.

Performance Highlights

Full Year Results 2024

  • Total Assets
    (ZWG)

    14.38bn

    Dec 2023: 7.06bn

    104%

  • Total Capital & Reserves
    (ZWG)

    6.64bn

    Dec 2023: 2.95bn

    125%

  • Net Profit After Tax
    (ZWG)

    1.17bn

    Dec 2023: 1.12bn

    4%

  • Liquidity Ratio
    (-15pps)

    53%

    Dec 2023: 68%

    22%

Meet the board of directors

Guiding our vision and strategy to elevate investor value

For detailed information on our corporate governance practices, please visit our Governance Section.