‘Mega banks deal complete by Dec’

Countries also targeted under the strategy include Lebanon, Angola, Cameroon, Gambia, Sierra Leone and Jordan.
By Tatira Zwinoira Sep. 8, 2023

Inside FBC's StanChart acquisition deal

AENT is a stand-alone fund created by the StanChart Zim shareholders to house any other local investments than the investment in the bank
By Tatira Zwinoira Sep. 8, 2023

FBC hedges against Zimdollar loss

FHL group chairperson Herbert Nkala said adopting a hedging strategy mitigated the impact of the exchange rate fluctuation and sustained the group’s balance sheet.
By Blessed Ndlovu and Belinda Chiroodza Sep. 4, 2023

FBC Holdings acquires StanChart’s Zim unit

Stanchart announced last year that it was seeking to exit seven markets in Africa and the Middle East, including Zimbabwe.
By Online Reporter Jun. 8, 2023

Macro-economic instability unsettles FBC

The FBC secretary said macro-economic risks remained and business prospects were under threat due to ongoing geopolitical conflicts and the possibility of an economic recession.
By Mthandazo Nyoni May. 17, 2023

‘Govt likely to print money to fund deficit’

Total revenue collections are projected at $3,9 trillion (US$6,02 billion) for 2023.
By Tatira Zwinoira Nov. 28, 2022

In Conversation with Trevor: Livingstone Gwata: Why I retired early

I was so happy that I had a team of young managers that had been prepared for a long time, but also, I was thinking about retirement.

By The Independent Apr. 10, 2022

In Conversation with Trevor: Livingstone Gwata: Why I retired early

I was so happy that I had a team of young managers that had been prepared for a long time, but also, I was thinking about retirement.

By The Independent Apr. 10, 2022

Inside listed companies: Listed companies stand their ground in difficult year

Administrative expenses declined to $534,32 million (US$3,75 million) from a 2020 comparative of $539,13 million (US$3,78 million). However, selling and marketing costs rose to $614,94 million (US$4,31 million) last year, a 38,8% increase over the 2020 comparative of $443,03 million (US$3,11 million).

By The Independent Apr. 3, 2022