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BREAKING: Zimbabwe Top Banker burnt to death in his house
CEO of the Zimbabwe Investment and Development Agency, Douglas Munatsi, has died. He was burnt by a fire that gutted his flat located at the corner of Fifth Street and Josiah Tongogara Avenue on Monda...Published: 29 Nov 2021 at 08:29hrs | 10 | by Mandla Ndlovu
ABCH lays off head office staff
African Banking Corporation Holdings (ABC Holdings) is merging with the Finance Bank of Zambia as the group embarks on a retrenchment exercise at its South Africa office to improve operating efficienc...Published: 19 Aug 2016 at 08:01hrs | 4 | by Staff reporter
Bid to buy out BancABC directors stalls
ATLAS Mara says it has experienced some administrative glitches in acquiring the shares held by three BancABC departing executives but hopes to tie up the deal next month.BancABC founding chi...Published: 24 Dec 2014 at 10:05hrs | 2 | by Staff Reporter
Munatsi, Moyo and Dzanya to leave BancABC
ABC Holdings announced that Doug T. Munatsi, Group CEO, Beki Moyo, Group CFO, and Francis M. Dzanya, Group COO, will be stepping down from their roles at BancABC at the end of the year. This follows A...Published: 08 Dec 2014 at 09:25hrs | 2 | by BancABC
CBZ, ABC Holdings scoop top corporate governance awards
CBZ Holdings has won the 2014 trophy for the Best Governed Company on the Zimbabwe Stock Exchange, while ABC Holdings was awarded the trophy for the Best Governed Banking Institution. Fin...Published: 17 Nov 2014 at 12:28hrs | 1 | by Mike Hamilton
Britons plan $100 million Zimbabwe investment
The Zimbabwe Investment Authority says some British investors are keen on investing $100 million in the country's energy sector. Nigel Chanakira, the Authority's chairman said the investor...Published: 31 Oct 2014 at 07:23hrs | 1 | by Staff reporter
Chinamasa will next week travel to Washington
Finance minister Patrick Chinamasa will next week travel to Washington, United States, to attend the International Monetary Fund (IMF) spring meetings.The Treasury chief - struggling to secur...Published: 04 Apr 2014 at 13:09hrs | 1 | by Staff reporter
Bob Diamond's company set to acquire ABC Holdings
Bob Diamonds' Atlas Mara Co-Nvest is set to acquire for cash or shares, ABC Holdings shares representing 50.1% of the total shares issued at a price of 82c per share or the equivalent in Atlas Mara sh...Published: 31 Mar 2014 at 17:40hrs | 1 | by Business reporter
Zim banks to reduce lending
FINANCIAL institutions are most likely to reduce lending this year to minimise the risk posed by non-performing loans as was reflected in most banks' 2013 financials.ABC Holdings limited group...Published: 31 Mar 2014 at 10:23hrs | 2 | by Business reporter
A 'Window Dressed' Stock Market Rally on the ZSE
Is it unusual for the share price of companies to move up one may ask? Most would answer no, and to most investors, a rising share price is desirable. However, suspicions may arise depending on th...Published: 02 Jan 2014 at 10:41hrs | 4 | by Perry Munzwembiri
When the dollarisation cure poisons
THE past three instalments have seen this column deal with sample thoughts on Zimbabwe, our country. Of course the underlying issue is a Lenin-like question: What is to be done. As you notice, I avoid...Published: 24 Nov 2013 at 12:46hrs | | by Nathaniel Manheru
BancABC cautious on Zimbabwe
ABC Holdings, majority shareholder in sub Saharan banking operations BankABC, says it has adopted a cautious approach in Zimbabwe until a new government clarifies the indigenisation policy thrust. ...Published: 16 Aug 2013 at 06:41hrs | | by Business reporter
African Development Corporation initiates BancABC takeover offer
African Development Corporation announced that the management and the Supervisory Board resolved to engage in pooling agreements with aligned investors in ABC Holdings Limited, Botswana (BancABC) and ...Published: 29 May 2013 at 07:21hrs | | by Business reporter
IFC snaps about 10.3% stake in ABC Holdings
THE International Finance Corporation has snapped about 10,3 percent stake in ABC Holdings after exercising an option to convert a 78 million pula (US$9,2 million) loan to the banking group into equit...Published: 27 May 2013 at 03:20hrs | | by Business Reporter
ABC Holdings shares plummet 27 percent on ZSE
ABC Holdings shares plunged 27 percent on the Zimbabwe Stock Exchange yesterday, dragging the main index 0,77 percent lower to 131,11 points. The regional banking group last traded at US54c before dro...Published: 19 Jun 2012 at 09:07hrs | | by Business Reporter
ABC Holdings released a robust set of interim results
ABCH released a robust set of interim results showing a PBT of BWP 62.6m, up 84% year on year. The successful promotion of cheaper deposits boosted the Group's net interest margin to 10.2%. Ea...Published: 17 Aug 2011 at 08:47hrs | 3 | by .
ABC Holdings' plans to rollout microfinance services in Zimbabwe
ABC Holdings' plans to rollout microfinance services in Zimbabwe are at an advanced stage, the microfinance division is expected to hit the market during the second half of the year, Group officials ...Published: 20 Apr 2011 at 19:00hrs | | by Byo24News
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