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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 | 3 | 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 | | 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 | | by Business reporter
ZSE eyes $5 billion market capitalisation
EQUITIES firm IH Securities has projected that the Zimbabwe Stock Exchange market capitalisation will register a 17 percent growth to US$5,7 billion this year, amid expectations that the post-election...Published: 04 Feb 2013 at 05:10hrs | | by Business Reporter
ABC Holdings shares plummet 27 percent on ZSE
ABC Holdings shares plunged 27 percent on the Zimbabwe Stock Exchange yesterday, dragging the main index 0,77 percent lower to 131,11 points. The regional banking group last traded at US54c before dro...Published: 19 Jun 2012 at 09:07hrs | | by Business Reporter
BancABC embarks on a rights offer to raise P356 million
African Banking Corporation Holdings (ABCH) intends to embark on a Rights Offer in which it seeks to raise BWP 356,666,666 (approximately US$ 50.0m) and offers 83,333,333 shares at a price of BWP 4.28...Published: 08 May 2012 at 06:31hrs | | 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 | | by .
Carlos Tevez set to leave Manchester City for Corinthians
Manchester City's manager, Roberto Mancini, has confirmed that an agreement has been reached with Corinthians for the sale of Carlos Tevez.City turned down a £40m bid from the Brazili...Published: 18 Jul 2011 at 07:06hrs | | by Staff reporter
Special bargain for Econet
FOREIGN investors exchanged a block of 625 000 Econet shares valued at US$3,1 million on the Zimbabwe Stock Exchange on Tuesday, in a special bargain deal, one of the biggest concluded this year...Published: 14 Apr 2011 at 05:11hrs | | by Bright Madera
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