THE High Court has allowed a businessman owed more than $2 million by Tetrad Investment Bank (TIB) to institute legal proceedings to recover the debt, despite the financial institution being under jud...
Tetrad Investment Bank's future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution's fate.At the last meeting hel...
Panic has gripped over 108 Tetrad Investment Bank (Tetrad) employees after the financial institution's judicial manager, Winsley Militala of Petwin Executor and Trust Co, suspended their contracts on ...
The National Social Security Authority has been given the green light to attach Tetrad Bank property to recover nearly $5 million owed to it by the embattled bank.The bank, which is reeling under a se...
Listed financial concern Tetrad Holdings Limited posted a staggering loss of $16,2 million for the year ended September 31 2013 weighed down by provisions for the banking division's non-performing loa...
Tetrad Holdings Limited (Tetrad) has received a $31 million recapitalisation boost from its shareholders.Its chairperson Miccah Moyo said the group recapitalised its subsidiaries with capital injectio...
Tetrad Investment Bank could finally have got the Reserve Bank of Zimbabwe off its back after completing a deal to bring in an investor.Tetrad was one of the seven banks that were being monitored by t...
Tetrad Investment Bank's movable property face the hammer after the Deputy Sheriff attached its assets to recover nearly $500 000 which Bindura University of Science and Education had invested with th...
TETRAD Investment Bank's movable property face the hammer after the Deputy Sheriff attached its assets to recover nearly $500 000 which Bindura University of Science and Education had invested with th...
Tetrad Investment Bank (Tetrad) has been taken to court by the Bindura University of Science Education (BUSE) over a $560 000 deposit, which it has failed to pay on maturity.This comes as the fledgli...
A TOTAL 4,5 percent Zimplow Holdings shares were offloaded yesterday on the Zimbabwe Stock Exchange after an investor foreclosed on a debt owed by Tetrad Holdings, the Herald reported.During trades o...
Diversified financial concern Tetrad Holdings Limited (Tetrad) is in negotiations with foreign investors to access credit lines and funds to recapitalise its flagship unit Tetrad Investment Bank (TIB)...
Tetrad Holdings Limited intends to dispose of its 27 percent stake in agriculture and mining implements company Zimplow Holdings to raise capital for its banking division, Tetrad Investment Bank.The ...
Financial group, Tetrad, has secured a $15 million line of credit from a United Kingdom-based fund.The firm said the funds will be channelled towards strengthening operations of its subsidiaries, with...
Tetrad Holdings Limited (Tetrad) says it is yet to get a license from the Reserve Bank of Zimbabwe (RBZ) to transform its investment bank into a commercial entity.The group's subsidiary Tetrad Investm...
TETRAD Holdings insurance arm, THI Insurance, plans to introduce new insurance products to the agriculture sector soon in a bid to explore opportunities in the niche market, the company's non-executiv...
Tetrad Investment Bank has been taken to court for allegedly withdrawing its client's money without the authority of the account holders.The bank was summoned to appear at the Harare Magistrate...
Belgian-based financial consultancy and investment firm deVere Group (deVere) plans to strengthen its foothold in Zimbabwe after cutting ties with Tetrad Investment Bank. Last week, the group, with an...