FBC gets US$10m change in StanChart Zim’s acquisition
The amount was based on the indicative net asset value of the bank using a “proforma completion balance sheet” computed as of March 31, 2023.
By Tatira Zwinoira
Oct. 18, 2024
FBC posts ZWL$1,1 trillion profit
Total income stood at ZWL$2,7 trillion, while inflation-adjusted total assets were ZWL$14,6 trillion.
By Mthandazo Nyoni
May. 21, 2024
FBCH commit to Zim Open
Upcoming Zimbabwean star Matthew Bramfod was the best amateur after finishing on level par in the tournament, which saw six other Zimbabweans make the cut.
By Munyaradzi Madzokere
May. 17, 2024
Stanchart faces demo over ‘oppressive’ deal
In Zimbabwe, poor performance was underpinned by costs associated with a volatile currency and rampaging inflation.
By Mthandazo Nyoni
May. 17, 2024
Follett-Smith hails FBCH
FBCH are title sponsors in the country’s premier golf event for the third-year running and increased their sponsorship package from US$150 000 last year to US$200 000.
By Munyaradzi Madzokere
May. 3, 2024
FBC Holdings increases Zim Open purse
FBC Holdings group chief executive officer, Trynos Kufazvineyi announced the new sponsorship package at the launch of the FBC Zimbabwe Open at Royal Harare on Wednesday.
By Munyaradzi Madzokere
Apr. 19, 2024
Candid Comment: It must not be a lone man show
In a way, his first Monetary Policy Statement demonstrated this, although some Zimbabweans are still sceptical.
By Kudakwashe Gwabanayi
Apr. 12, 2024
‘I’ll crush the black market’ … RBZ boss vows to smash US$2,5bn menace, bring stability
Zimbabwe’s black market has so much power and influence to determine the exchange rate, which formal businesses have been whipped into accepting.
By Shame Makoshori
Apr. 12, 2024
FBC, StanChart deal by June
In April 2022, StanChart’s former British-based parent company, Standard Chartered PLC, announced plans to fully divest from its Angola, Cameroon, Gambia, Jordan, Lebanon,
By Business Reporter
Apr. 1, 2024
