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
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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

‘Mega banks deal complete by Dec’

Countries also targeted under the strategy include Lebanon, Angola, Cameroon, Gambia, Sierra Leone and Jordan.
By Tatira Zwinoira Sep. 8, 2023

Inside FBC's StanChart acquisition deal

AENT is a stand-alone fund created by the StanChart Zim shareholders to house any other local investments than the investment in the bank
By Tatira Zwinoira Sep. 8, 2023

Standard Chartered posts ‘impressive’ results

The profit, according to Stanchart chief executive officer Mubayiwa Mubayiwa was driven by fair value and foreign exchange gains of assets.
By Melody Chikono Sep. 1, 2023

Investor guns for StanChart

The bank had a core capital position of US$26 million below the central bank regulatory requirement of US$30 million.
By Tatira Zwinoira Sep. 2, 2022