FINANCIAL SERVICES

Mutandagayi bounces back

ZB FINANCIAL Holdings Limited chief executive officer Ronald Mutandagayi has bounced back as board chairman of Mashonaland Holdings (Mashold) following the ouster of Michael Mahachi.ZB is the largest ...

By Staff reporter | Published: 3 hours ago

FINANCIAL SERVICES

Untu to raise $1 million from mobile note

Micro-financier Untu Capital is set to raise $1 million from the country's first mobile-based retail note, a move set to enhance financial inclusion.The retail note, U-Gain, is targeting ordinary Zimb...

By Staff reporter | Published: 12 hours ago

FINANCIAL SERVICES

Doves revels in glory

Funeral services group, Doves Holdings, has been recognised by the Marketers Association of Zimbabwe (Maz) and the Zimbabwe Business Awards for its sterling performance in the country's funeral indust...

By Staff reporter | Published: 13 December 2017

FINANCIAL SERVICES

Zim-born executive lands post in Ghana

A ZIMBABWEAN-BORN insurance executive Darlington Munhuwani has landed a top post in Ghana, assuming the reins as chief executive officer of Allianz Ghana responsible for the non-life business.He succe...

By Staff reporter | Published: 13 December 2017

FINANCIAL SERVICES

First Mutual eyes funeral business

FIRST Mutual Holdings Limited (FMHL) is on the verge of setting up a fully-fledged funeral company, as the group seeks to diversify its business.The funeral unit, to be named First Mutual Funeral Serv...

By Staff reporter | Published: 12 December 2017

FINANCIAL SERVICES

Guvamatanga quits Barclays

BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga had ret...

By Staff reporter | Published: 12 December 2017

FINANCIAL SERVICES

NPLs drop to 8.63%

Non-performing loans (NPLs) dropped to 8,63 percent this year from 20,5 percent in 2015, raising expectation the financial services sector is becoming more stable. Although the NPLs have declined to s...

By Staff reporter | Published: 11 December 2017

FINANCIAL SERVICES

Zimnat, FSG in joint funeral services project

ONE of the country's leading life assurance and short-term insurance player, Zimnat through its joint venture (JV) with Botswana's leading funeral services provider, FSG Limited has invested over $5 ...

By Staff reporter | Published: 10 December 2017

FINANCIAL SERVICES

Bank deposits maintain upward trajectory

Finance Minister Patrick Chinamasa has said the banking sector deposits has maintained an upward trajectory, increasing by 17.1%, from US$6.51 billion as at end December 2016, to US$7.62 billion as at...

By Staff reporter | Published: 07 December 2017

FINANCIAL SERVICES

POSB hunts for loan takers

THE People's Own Savings Bank (POSB) has signed nine Memorandum of Agreements (MOA) with different corporates and institutions of higher learning in the country under its loan financing scheme.Speakin...

By Staff reporter | Published: 07 December 2017

FINANCIAL SERVICES

CBZ trains 1,500 young entrepreneurs

At least 1 500 young business people from around the country have received training in the 2017 edition of Youth Entrepreneurs Programme (Yep) which is now in its second phase with 20 participants set...

By Staff reporter | Published: 06 December 2017

FINANCIAL SERVICES

CBZ promotes use of mobile app

ZIMBABWE's leading commercial bank, CBZ Bank, has launched a promotion to reward its clients for adopting the use of mobile transactions using its integrated financial services mobile application.The ...

By Staff reporter | Published: 05 December 2017

FINANCIAL SERVICES

Mobile payments surge

Mobile payments and point of sale transactions have surged by a significant margin compared to last year as business embrace the use of plastic money.Burdened by a liquidity challenge that has stretch...

By Staff reporter | Published: 02 December 2017

FINANCIAL SERVICES

Barclays to further reduce stake in Barclays Africa

British multinational bank Barclays on Friday announced that it would be reducing its stake in Barclays Africa to 14.9%. "Barclays has indicated that this represents its desired long term shareholding...

By Staff reporter | Published: 01 December 2017

FINANCIAL SERVICES

Getbucks to double mortgage loan book

Getbucks Microfinance Bank Ltd (Getbucks) is looking at doubling its mortgage loan book from current level of US$3 million on the back of the new political developments.Getbucks introduced mortgages t...

By Staff reporter | Published: 01 December 2017

FINANCIAL SERVICES

'No immediate growth for Kawena'

OK Zimbabwe has admitted that it does not see growth in the near future for its Kawena Brand, although it has changed its model to be more aligned to goods than cash.Kawena is an electronic way provid...

By Staff reporter | Published: 01 December 2017

FINANCIAL SERVICES

US dollars return to Zim banks and ATMs

Information that is circulating online is indicating that the US dollar has made its way back to the economy, TechZim reported.For some who are out of the country this may seem to be silly news, but f...

By Staff reporter | Published: 30 November 2017

FINANCIAL SERVICES

GetBucks bullish about outlook

FINTECH microfinance institution, GetBucks says there are signs of confidence restoration as the bank has started receiving both local and diaspora deposits following the ushering in of a new dispensa...

By Staff reporter | Published: 30 November 2017

FINANCIAL SERVICES

Untu Capital seeks to raise $5m

A local microfinance institution, Untu Capital, is seeking to raise $5 million through listing on the Financial Securities Exchange (Finsec) Alternative Trading Platform board before year end.The prop...

By Staff reporter | Published: 30 November 2017

FINANCIAL SERVICES

Credit crunch threatens loan growth

Zimbabwe's banking sector client loan growth will remain slow, contracting by a projected 4% year-on-year by end of 2017 due to the credit crunch, an international research firm has said.According to ...

By Staff reporter | Published: 29 November 2017

FINANCIAL SERVICES

CBZ Bank rewards e-customers

CBZ Bank rewards e-customersZimbabwe's leading commercial bank, CBZ Bank has launched a promotion to reward its clients for evolving and adopting the use of mobile transactions using CBZ Touch mobile ...

By Staff reporter | Published: 29 November 2017

FINANCIAL SERVICES

Women's Bank registered

The opening of the much-awaited women's bank, the Zimbabwe Women's Microfinance Bank Limited (ZWMB), is drawing closer following its registration by the Reserve Bank of Zimbabwe (RBZ) in September 201...

By Staff reporter | Published: 28 November 2017

FINANCIAL SERVICES

IDBZ initiates bonds listing

The infrastructure Development Bank of Zimbabwe has begun the process of listing its $65 million bonds on the Financial Securities Exchange three years after mulling the idea. The bonds, floated in 20...

By Staff reporter | Published: 28 November 2017

FINANCIAL SERVICES

WorldRemit guarantees cash pick-up in Zimbabwe

Online money transfer company, WorldRemit, is guaranteeing its customers US dollars in cash for collection at Steward Bank branches across Zimbabwe.WorldRemit has been operating in Zimbabwe since 2010...

By Staff reporter | Published: 26 November 2017

FINANCIAL SERVICES

AHFoZ pushes for fraud laws

Stakeholders in the health sector are pushing for healthcare fraud laws to curtail costs that are shooting through the roof as a result of underhand dealings crippling the industry.Zimbabwe is already...

By Staff reporter | Published: 23 November 2017
Pages:
1
2
3
4
5
6
7
8
9
...

Latest News

Latest Published Reports

Latest jobs