CTC approves FBC, StanChart deal
The deal was first approved by the Reserve Bank of Zimbabwe in November last year.
By Mthandazo Nyoni
Mar. 13, 2024
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
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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
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
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Mnangagwa’s choice of best performing ministers raises eyebrows amid disasters
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Mar. 24, 2024