MINING & RETAIL

Barcelos invests in another Bulawayo outlet

Internationally-acclaimed Barcelos restaurant is set to invest $350 000 in opening a second branch in Bulawayo. The restaurant boasts of three outlets in the country and is set to open more this year....

By Staff reporter | Published: 11 January 2019

FINANCIAL SERVICES

First Capital Bank approves unbundling of non-core assets

FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has approved the unbundling of non-core assets set for listing on the Zimbabwe Stock Exchange (ZSE). In a renewal of cautionary statement to shareh...

By Staff reporter | Published: 01 January 2019

FINANCIAL SERVICES

Barclays Bank Zimbabwe is hiring

We are searching for graduates who are not only capable of succeeding in our organisation today and are also potential leaders of tomorrow. Our flagship Graduate Trainee Programme is a two year advent...

By Staff reporter | Published: 20 July 2018

MINING & RETAIL

Barcelos spends $250k on Bulawayo restaurant

RENOWNED international restaurant, Barcelos, has invested close to $250 000 in setting up its first shop in Bulawayo.The 100-seater restaurant, which is best known for its periperi chicken, will be si...

By Staff reporter | Published: 02 July 2018

FINANCIAL SERVICES

Barclays Bank Zimbabwe to change name

BARCLAYS Bank Zimbabwe (BBZ) has announced plans to change its name to First Capital Bank Limited following the financial institution takeover by First Merchant Bank of Malawi last year.Last October, ...

By Staff reporter | Published: 12 June 2018

FINANCIAL SERVICES

Barclays Zimbabwe gives $70k to young farmers

BARCLAYS Bank Zimbabwe has given the Zimbabwe Farmers' Union (ZFU) $70 000 for the "Fit for Life" programme, which aims to contribute to financial inclusion and food security, up-skill, educate and im...

By Staff reporter | Published: 10 June 2018

FINANCIAL SERVICES

Barclays Zim to operate under dual brand by October

BARCLAYS Bank of Zimbabwe says it will be operating under a dual brand by October this year following its acquisition by FMB Malawi last year.Last October, FMB received regulatory approvals to acquire...

By The Source | Published: 04 June 2018

FINANCIAL SERVICES

Barclays Zim invests $10m in digital migration

Following its acquisition by FMB Capital of Malawi, Barclays Bank Zimbabwe, says it is investing around $10 million in respect of the migration of its digital systems.Last year, FMB Capital acquired a...

By Staff reporter | Published: 31 May 2018

FINANCIAL SERVICES

Barclays' loan book improves

BARCLAYS Bank of Zimbabwe says its non-performing loans stood at 2,2% at the end of 2017, a reflection of a quality loan book, the bank's head of customer service and corporate affairs, Emily Nemapare...

By Staff reporter | Published: 08 May 2018

FINANCIAL SERVICES

Barclays restructures executive committee

Barclays Africa Group Limited yesterday announced a new structure that aligns the group's executive committee portfolio with its new strategy as the bank plans to double its market share of Africa ban...

By Staff reporter | Published: 10 April 2018

FINANCIAL SERVICES

Barclays profit surges 83 percent

STRONG revenue growth led to an 83 percent surge in profit at Barclays Bank of Zimbabwe, which posted $19,8 million during the year to December 31, 2017, up from $10,8 million the previous year.Managi...

By Staff reporter | Published: 05 April 2018

FINANCIAL SERVICES

Barclays to pay $2bn for losses caused by fraudulent scheme

BARCLAYS has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 an...

By Reuters | Published: 04 April 2018

ANNOUNCEMENTS

BARC.zw | Executive Appointment - Managing Director

Details:The Barclays Bank of Zimbabwe Board is pleased to announce the appointment of Samuel Matsekete as substantive Managing Director of the company with immediate effect. Samuel was previously the ...

By BARC | Published: 01 February 2018

FINANCIAL SERVICES

Barclays Plc cut Zimbabwe ties

BARCLAYS Bank Plc will  today cease to offer correspondent banking services for its former Zimbabwean unit, which it sold to Malawi's FMB Capital last year.FMB Capital acquired 43 percent shareho...

By Staff reporter | Published: 01 February 2018

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

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

ANNOUNCEMENTS

BARC.zw | Increase in shares in issue

Details:- Shares before : 2 155 530 176- Shares added : 100 000- New shares in issue : 2 155 630 176- Effective date : 16 November 2017- Reason : Share Option Scheme...

By BARC | Published: 29 November 2017

ANNOUNCEMENTS

BARC.zw | Increase in shares in issue

Details:- Shares before : 2 155 020 176- Shares added : 510 000- New shares in issue : 2 155 530 176- Effective date : 25 October 2017- Reason : Share Option Scheme...

By BARC | Published: 29 November 2017

ANNOUNCEMENTS

BARC.zw | Abridged Circular to Shareholders

Details:Barclays Bank of Zimbabwe Limited ("BBZL") has published an Abridged Circular to Shareholders regarding the change in ultimate controlling shareholder of BBZL and donation by the major shareho...

By BARC | Published: 29 November 2017

ANNOUNCEMENTS

BARC.zw | Abridged Circular to Shareholders

Details:Barclays Bank of Zimbabwe Limited ("BBZL") has published an Abridged Circular to Shareholders regarding the change in ultimate controlling shareholder of BBZL and donation by the major shareho...

By BARC | Published: 16 October 2017

FINANCIAL SERVICES

FMB completes acquisition of Barclays

MALAWI Stock Exchange listed FMB Capital Holdings has completed the acquisition of a majority stake in Barclays Bank Zimbabwe after receiving approvals for all regulatory requirements. This gives FMBC...

By Staff reporter | Published: 16 October 2017

FINANCIAL SERVICES

Barclays deal sealed

British lender Barclays Plc on Thursday sealed disposal of its local unit to Malawi's FMB Capital Holdings (FMBCH).Barclays Bank of Zimbabwe (BBZ) said completion of this transaction follows complianc...

By Staff reporter | Published: 15 October 2017

ANNOUNCEMENTS

BARC.zw | Increase in shares in issue

Details:– Shares before : 2 153 850 176– Shares added : 1 170 000– New shares in issue : 2 155 020 176– Effective date : 21 September 2017– Reason : Share Option Scheme...

By BARC | Published: 21 September 2017

LATEST PUBLISHED REPORTS

BARC.zw | Further Cautionary Statement

Reference is made to the Further Cautionary Statement issued by the Board on 25 August 2017, in which the Directors of Barclays Bank of Zimbabwe Limited ("BBZ") advised shareholders and other stakehol...

By BARC | Published: 15 September 2017

FINANCIAL SERVICES

Comesa looking into FMB's Barclays deal

The Common Market for Eastern and Southern Africa Competition Commission has begun the process of looking into the acquisition of Barclays Bank Zimbabwe's majority shareholding by FMB Malawi from Barc...

By Staff reporter | Published: 03 September 2017
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