BUSINESS NEWS

Zimbabwean banker loses SA home over $4.5 million debt

FORMER Trust Bank director Christopher Goromonzi lost his plush Johannesburg home after it was auctioned to offset a reported $4,5 million debt he owes a South African bank, it has been learnt.Goromon...

By Staff reporter | Published: 23 November 2018

BUSINESS NEWS

Banker's son shot dead in robbery

Police have launched a manhunt for armed robbers who broke into the home of Stanbic bank chief executive Joshua Tapambgwa and killed his son, David, during a robbery.National police spokesperson Senio...

By Staff reporter | Published: 27 July 2018

POLITICS

Banker promises to transform Harare CBD

BANKER and economic development consultant, Kudzai Mubaiwa promises to help transform the Harare central business district (CBD) and city into an economic empowerment hub if elected as an independent ...

By Staff reporter | Published: 14 July 2018

FINANCIAL SERVICES

British banker opens stockbroking firm in Zim

A consortium of British fund managers, led by Nigel Little, has been approved to open stockbroking firm in Zimbabwe.The new stockbroking firm Morgan & Co. has been issued with a trading licence b...

By Ngoni Shenjere | Published: 05 July 2018

BUSINESS NEWS

Zim-born investment banker disrupting SA health sector

THE founder of the black-owned-and-managed healthcare listing - RH Bophelo - Quinton Zunga is a calculating investor and knows exactly what he wants.Chatting to the Zimbabwe-born investment banker, on...

By City Press | Published: 04 June 2018

FINANCIAL SERVICES

Bankers elect new president, deputy

THE Bankers Association of Zimbabwe (BAZ) has elected FBC Bank managing director, Mr Webster Rusere, as its president taking over from Dr Charity Jinya. He would lead the organisation for two years an...

By Staff reporter | Published: 10 May 2018

POLITICS

Mnangagwa to meet college officials, students, bankers

PRESIDENT Emmerson Mnangagwa is expected to meet vice chancellors, college principals, bursars, investors, bankers and student leaders today, during an indaba aimed at addressing infrastructure challe...

By Staff reporter | Published: 09 March 2018

BUSINESS NEWS

RBZ appoints bankers for Portfolio Fund

Standard Chartered Bank, Stanbic and CBZ have been appointed bankers for the Zimbabwe Portfolio Fund which was established by the Reserve Bank of Zimbabwe in August this year. Although the fund was su...

By Staff reporter | Published: 20 October 2017

FINANCIAL SERVICES

Banker Mukupe turns to politics

Collapsed Allied Financial Holdings (AFH) former chief executive Terence Mukupe has turned to politics and is eyeing the Harare East parliamentary seat under the Zanu PF ticket.Mukupe is expected to l...

By Staff reporter | Published: 21 June 2015

FINANCIAL SERVICES

Flush out 'rogue' bankers, new RBZ chief urged

Former Finance minister Tendai Biti has urged new Reserve Bank of Zimbabwe governor John Mangudya to wield the axe on ‘rogue' bankers whom he accuses of pervading the financial sector.Mangudya - cur...

By Business Live | Published: 08 April 2014

BUSINESS NEWS

Bankers clears air on 99-year leases

THE Bankers Association of Zimbabwe says it has only suggested recommendations to enhance the proposed bankable 99-year leases contrary to widespread assertions it made fresh demands on the land use c...

By Business Reporter | Published: 05 December 2013

FINANCIAL SERVICES

'Govt must capitalise RBZ,' says Bankers

Government must prioritise the recapitalisation of the Reserve Bank of Zimbabwe (RBZ) in the forthcoming 2014 National Budget to help ease liquidity challenges in the country, the Bankers Association ...

By Staff reporter | Published: 04 November 2013

FINANCIAL SERVICES

Credit to private sector rises

Credit to the private sector marginally rose 0,61 percent in August this year from $3,67 million in July to $3,69 million, says the Bankers Association of Zimbabwe.The credit was mostly dominated by l...

By Staff reporter | Published: 31 October 2013

FINANCIAL SERVICES

Zim bankers engage RBZ on interest rates

Local banks have engaged the Reserve Bank of Zimbabwe amid indications that the current memorandum of agreement putting a cap on bank charges and interest rates may soon be reviewed after banks repor...

By Staff reporter | Published: 31 October 2013

FINANCIAL SERVICES

Bankers shift attention to economy

BANKERS will converge on Nyanga next week for an uncharacteristic summer banking school that will discuss domestic economic growth that has started to lose steam.The banking school is normally held i...

By Business Reporter | Published: 11 October 2013

POLITICS

Bankers committed to working with new Government

THE Bankers Association of Zimbabwe has pledged its commitment to work with the Zanu-PF led Government after the party’s resounding victory in the harmonised elections.The revolutionary Zanu-PF Part...

By Business reporter | Published: 15 August 2013
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