First Capital leverages VFEX listing to attract funding
Last month, FCB secured US$15 million from the African Development Bank as a trade financing package to boost local trade.
By Tafadzwa Mhlanga
Jun. 21, 2024
First Capital Bank’s revenue up 40%
The bank’s capital increased by 25% during the quarter, with the capital adequacy ratio at 35%, well above the regulatory threshold of 12%.
By Mthandazo Nyoni
May. 24, 2024
FCB lifts profit 26% after income rise
In a statement accompanying the financial statement for the review period, FCB chief executive officer Tapera Mushoriwa said income was buoyed by increased lending.
By Business Reporter
Apr. 26, 2024
Metbank, Zambian firm lock horns
In the meetings, Metbank indicated that it was facing forex allocation challenges at the RBZ to remit to Zambia as it was in short supply.
By Melody Chikono
and Melody Chikono
Jan. 30, 2024
VFEX corrects price level distortions
Companies listed on VFEX have a better chance to raise equity capital in foreign currency to support capital expenditure, working capital and regional expansion.
By Mthandazo Nyoni
Jan. 3, 2024
FCB joins sustainability initiative
FCBZ said it had also encouraged the use of recycled materials in its business.
By Tafadzwa Mhlanga
Dec. 21, 2023
FCB pursues US$48 million offshore deals
So far, US$20 million lines of credit have been secured from the regional lender, according to FCB chief executive officer Tapera Mushoriwa.
By Blessed Ndlovu
Nov. 3, 2023
ZSE experiences dislocation
In that regard, ZSE saw several firms delist in favour of the US dollar-denominated Victoria Falls Stock Exchange.
By Business Reporter
Nov. 1, 2023
Best practices for mainstreaming sustainability in banking sector
The decisions that we make in our financial institutions have a bearing on the survival of humanity. We therefore must toughen up or lose our future.
By Tawanda Muzamwese
Oct. 27, 2023
