Stanchart Zim workers deserve honesty, respect

We understand the bank's decision to leave, but we expect a more considerate approach when it comes to the welfare of its employees.
By The Zimbabwe Independent May. 24, 2024

Ceteris Paribus: What to expect from Stanchart acquisition

The transaction also fell within FBCH’s market adoptive plan of enriching and widening its loan underwriting capacity in the face of increasing volatility.
By Tinashe Duma May. 24, 2024

Stanchart leaves trail of ‘distress’... pensioners petition London head office over looting claims

Timmy Nheru, managing director at Minerva, refuted the allegations, saying: “The information is readily available. The pensioners never asked to see those documents.”
By Mthandazo Nyoni May. 24, 2024

StanChart Zim appoints new chairman

The appointment of Mashanyare coincides with the FBC Holdings Limited's finalisation of its acquisition of StanChart Zimbabwe,
By Business Reporter May. 14, 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

CTC approves FBC, StanChart deal

The deal was first approved by the Reserve Bank of Zimbabwe in November last year.
By Mthandazo Nyoni Mar. 13, 2024

Is SME banking the next frontier?

From 2012 to 2022, the collective share of total public deposits held by commercial banks increased from 40% to 73%, at a compound annual growth rate of 6,2%.
By Yona Menon Banda Feb. 9, 2024

Mounting sovereign risk weighs on bank mergers

But Inter-Horizon Securities equities data analyst Vanessa Machingauta said there were concerns on the industry shrinking and becoming monopolistic in nature.
By Melody Chikono Jan. 12, 2024

Banks raid accounts over IMMT ‘arrears’

The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By Tafadzwa Mhlanga Dec. 31, 2023