Is SME banking the next frontier?

From 2012 to 2022, the collective share of total public deposits held by commercial banks increased from 40% to 73%, at a compound annual growth rate of 6,2%.
By Yona Menon Banda Feb. 9, 2024

Mounting sovereign risk weighs on bank mergers

But Inter-Horizon Securities equities data analyst Vanessa Machingauta said there were concerns on the industry shrinking and becoming monopolistic in nature.
By Melody Chikono Jan. 12, 2024
Premium

Banks raid accounts over IMMT ‘arrears’

The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By Tafadzwa Mhlanga Dec. 31, 2023

Union fears ‘bloodbath’ as FBC snaps Stanchart

But the fact that Mushayavanhu made specific reference to the issue demonstrates the importance that the banking group attaches to the subject.
By Shame Makoshori Jun. 9, 2023

FBC Holdings acquires StanChart’s Zim unit.

Barclays assets were taken over by Malawi-based FMB Capital, and it rebranded to First Capital Bank.
By Mthandazo Nyoni Jun. 9, 2023

Public funds at mess of blundering authorities

They want to ascertain how secure their investments would be, before taking a plunge.
By The Zimbabwe Independent May. 5, 2023

Ecobank appoints Jeremy Awori CEO

It’s a fantastic opportunity to take Ecobank to the next level of its growth strategy. Despite current global challenges, Africa offers promising prospects.
By Business Reporter Mar. 9, 2023

5 investors vie for StanChart

StanChart’s departure ends a 130-year presence in Zimbabwe.
By Tinashe Makichi and Sydney Kawadza Jan. 20, 2023

Investor guns for StanChart

The bank had a core capital position of US$26 million below the central bank regulatory requirement of US$30 million.
By Tatira Zwinoira Sep. 2, 2022