Published: 12 May 2014

Makaziwe Mandela, the eldest daughter of the late South Africa president Nelson Mandela has resigned from Steward Bank's Board after being nominated to sit on the board in July 2012 after Strive Masiyiwa's Econet acquired a majority stake in the Bank from TN Bank.

She resigned during the financial year to February 2014 but did not give reasons for her departure.

Meanwhile, Steward Bank last week launched a suite of innovative Diaspora Banking products targeted at Zimbabweans living, working or studying abroad. The product suite was unveiled by Steward Bank CE Kwanele Ngwenya at an event held at the Radisson Blu in Sandton, Johannesburg, South Africa.

The Diaspora banking products allow Zimbabweans outside the country to carry out day-to-day banking transactions from their Steward Bank account from anywhere across the world.

Customers in the Diaspora will be able to access their accounts in one of two ways, either using the online banking platform or their roaming Econet line.  

With the new Steward Bank online banking service, customers in the Diaspora will be provided easy access to their accounts and have the ability to make RTGS payments, pay local bills, buy groceries and transfer money to local recipients.
- dailynews

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