First Capital leverages VFEX listing to attract funding

Last month, FCB secured US$15 million from the African Development Bank as a trade financing package to boost local trade.
By Tafadzwa Mhlanga Jun. 21, 2024

First Capital Bank’s revenue up 40%

The bank’s capital increased by 25% during the quarter, with the capital adequacy ratio at 35%, well above the regulatory threshold of 12%.
By Mthandazo Nyoni May. 24, 2024

FCB lifts profit 26% after income rise

In a statement accompanying the financial statement for the review period, FCB chief executive officer Tapera Mushoriwa said income was buoyed by increased lending.
By Business Reporter Apr. 26, 2024

Metbank, Zambian firm lock horns

In the meetings, Metbank indicated that it was facing forex allocation challenges at the RBZ to remit to Zambia as it was in short supply.
By Melody Chikono
 and Melody Chikono Jan. 30, 2024

VFEX corrects price level distortions

Companies listed on VFEX have a better chance to raise equity capital in foreign currency to support capital expenditure, working capital and regional expansion.
By Mthandazo Nyoni Jan. 3, 2024

FCB joins sustainability initiative

FCBZ said it had also encouraged the use of recycled materials in its business.
By Tafadzwa Mhlanga Dec. 21, 2023

FCB pursues US$48 million offshore deals

So far, US$20 million lines of credit have been secured from the regional lender, according to FCB chief executive officer Tapera Mushoriwa.
By Blessed Ndlovu Nov. 3, 2023

ZSE experiences dislocation

In that regard, ZSE saw several firms delist in favour of the US dollar-denominated Victoria Falls Stock Exchange.
By Business Reporter Nov. 1, 2023

Best practices for mainstreaming sustainability in banking sector

The decisions that we make in our financial institutions have a bearing on the survival of humanity. We therefore must toughen up or lose our future.
By Tawanda Muzamwese Oct. 27, 2023