Search / Mbca bank
Top banker Jinya makes grand return
IT is an appointment that many least expected. But ex-Nedbank managing director (MD) Charity Jinya made a surprise return to the country's banking industry on Saturday after Finance minister Mthuli Nc...Published: 21 Feb 2021 at 21:43hrs | 3 | by Staff reporter
'Nedbank can help Zim economy'
President Mnangagwa says Nedbank Zimbabwe can play a leading role in financing core economic activities in the energy, infrastructure and agriculture sectors.He said this at the launch of Nedb...Published: 22 Apr 2018 at 09:53hrs | | by Staff reporter
Carry your cross, banks tell 'looters'
BANKERS' Association of Zimbabwe (BAZ) president Charity Jinya absolved banks of any wrongdoing for putting individuals or companies on the externalisers' list, as the concerned parties had ample time...Published: 02 Apr 2018 at 07:17hrs | 7 | by Staff reporter
MBCA to change name to Nedbank Zimbabwe
MBCA Bank, a unit of South Africa's Nedbank Group, has now started the process of changing its name, which was first announced three years ago. The bank will adopt its parent's name, Nedbank.T...Published: 01 Feb 2018 at 13:47hrs | 2 | by Staff reporter
Innscor, Cabs win top Excellence in Corporate Governance Awards
Innscor Africa was the overall listed companies winner of the Excellence in Corporate Governance Awards, while CABS was the overall banking sector winner. The Deposit Protection Corporation was the wi...Published: 30 Nov 2017 at 09:41hrs | 1 | by Agencies
SA bank send some South African employees home from Zimbabwe
are being vigilant over their operations in Zimbabwe after military vehicles descended on the capital of Harare and the army seized power, threatening President Robert Mugabe's 37-year rule.Ne...Published: 15 Nov 2017 at 12:54hrs | 1 | by Staff reporter
Webster Shamu's safari property faces the hammer
SAFARI company, HHK Safaris, reportedly co-owned by former Zanu-PF political commissar Webster Shamu and millionaire Charles Davy, will have its properties, which include vehicles, fridges, animal ski...Published: 23 Aug 2017 at 07:47hrs | 1 | by Staff reporter
+100 indigenous companies collapse in Bulawayo
MORE than 100 indigenously-owned companies in Bulawayo are on the brink of collapse after loans and rentals that they have accrued since dollarisation in 2009 have come back to haunt them with banks a...Published: 02 Jul 2017 at 10:41hrs | 8 | by Staff reporter
Zimbabwe banks reject rand adoption
Zimbabwean banks say adopting the South African rand will not help solve the country's economic challenges.Addressing delegates at the two-day Financial Markets Indaba in Harare last week, Bar...Published: 22 May 2017 at 15:24hrs | 1 | by Staff reporter
Government paid Nikuv International Projects with diamonds revenue
A top government official on Wednesday revealed in court that part of the country's diamond revenue was used to pay companies reportedly linked to Israeli company, Nikuv International Projects....Published: 27 Apr 2017 at 04:44hrs | 9 | by Staff Reporter
Science education - bitter, sweet returns
Whilst enough scorn and ridicule has been peddled on policy inconsistencies in the country, parallels can be drawn from the recent hike in the University of Zimbabwe (UZ) medical students' fees hike, ...Published: 12 Jan 2017 at 09:07hrs | 1 | by Rungano Dzikira
Man placed off remand on illegal cash transfers at MBCA bank
A 33 year old man who was being charged with five counts of illegally transferring money from the MBCA bank ‘s client account to another person has been placed off remand as the state was not yet re...Published: 09 Dec 2016 at 03:45hrs | 1 | by Stephen Jakes
Zimbabweans stampeding to withdraw the newly-introduced bond notes
In an unexpected development, Zimbabweans are stampeding to their banks in large numbers to withdraw the newly-introduced #bondnotes.For the third day running yesterday, stressed banks bat...Published: 01 Dec 2016 at 14:07hrs | 2 | by Staff reporter
CBZ wins all Excellence in Corporate Governance Banking Awards
CBZ Bank took first place in all the Banking Institutions Awards categories of the Excellence in Corporate Governance Banking Awards on Thursday, while its parent company, CBZ Holdings, was among ...Published: 21 Nov 2016 at 06:23hrs | 1 | by MichaeL Hamilton
Will Mugabe come to the rescue?
TWO things that are sure about death are its certainty and finality. Reference is being made to death in the physical sense, not the spiritual side of things.Because of this, many human beings...Published: 27 Oct 2016 at 09:31hrs | 1 | by Cyril Zenda
Supermarkets cash in on currency shortages
CUSTOMERS who wish to access cash from retail shops using the cash-back facility are now required to spend a substantial amount of money on goods to get the money.A survey by Standardbusin...Published: 07 Aug 2016 at 11:05hrs | | by Staff reporter
MBCA launches product tailored to meet needs women
MBCA Bank has launched a product tailored to meet the needs of a diverse group of women in the country. MBCA spokesperson Dedrey Mutimutema said the bank had researched and analysed women's ne...Published: 22 Jul 2016 at 06:01hrs | 1 | by Business Reporter
DPC increases cover limit
The Deposit Protection Corporation has increased its cover limit by 100 percent from $500 to $1 000 per depositor per member bank. According to the company the new limit is effective from June...Published: 19 Jul 2016 at 08:03hrs | | by Staff reporter
SA firms to lose out on Zimbabwe US$ earnings
SOUTH African companies are set to lose out on their US dollar earnings from Zimbabwe after the country's central bank said it will authorise payment of foreign suppliers in their own currencies o...Published: 14 Jun 2016 at 06:44hrs | | by Staff reporter
MBCA opens branch in Gweru
The MBCA Bank, a member of Nedbank Group of South Africa has opened a branch in Gweru.This becomes the third branch that the bank has in the Midlands Province with the other two in Zvishavane ...Published: 07 Jun 2016 at 07:18hrs | 4 | by Staff Reporter
MBCA Bank to open more branches
MBCA Bank is planning to open more branches this year as the banking institution continues to take a long-term strategic view to grow its footprint in the country in preparation for an improvement in ...Published: 27 Jan 2016 at 05:15hrs | 1 | by Business Reporter
South African lender Nedbank expands its footprint in Zimbabwe
South African lender Nedbank is expanding its footprint in Zimbabwe, despite the economic turbulence, which the company is sizing up to determine if it can avail more funding facilities for on-lending...Published: 11 Nov 2015 at 21:29hrs | 1 | by Tawanda Karombo
MBCA ventures into vehicle finance
DULY'S Motors has entered into a partnership with MBCA Bank to offer loans to individuals and companies for the purchase of new vehicles from its branches. Duly's general manager operations-we...Published: 26 Mar 2015 at 07:18hrs | 2 | by Charity Ruzvidzo
Delma Lupepe's fall from glory continues
BULAWAYO businessman Delma Lupepe's fall from glory continues as two of his prime residential properties are set to go under the hammer next week over an outstanding debt to Premier Banking Corporati...Published: 27 Feb 2015 at 08:35hrs | 2 | by Staff reporter
MBCA to rebrand to Nedbank
South Africa based financial group Nedbank plans to rename its local unit MBCA Bank to Nedbank Zimbabwe next year. MBCA's MD Charity Jinya said it is too early to confirm the plans and wil...Published: 17 Dec 2014 at 07:46hrs | | by Staff reporter
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
MBCA to become Nedbank
MBCA Bank, a unit of South Africa's Nedbank group, is next year change its name to Nedbank Zimbabwe. Nedbank, the fourth largest bank in South Africa by market capitalisation and customer ...Published: 16 Oct 2014 at 07:56hrs | | by Staff reporter
AAG threatens Banks over auctioning of properties
THE Affirmative Action Group (AAG) has threatened to block financial institutions from auctioning properties owned by Bulawayo businesspeople tomorrow, saying the move was unjustified considering the ...Published: 31 Oct 2013 at 02:49hrs | 4 | by Staff reporter
Delma Lupepe's woes continue to mount, banks swoop on his houses
BULAWAYO mogul Delma Lupepe's woes continue to mount after banks swooped on four of his other houses after two properties were auctioned four months ago to cover undisclosed debts owed by his compani...Published: 29 Oct 2013 at 02:15hrs | 2 | by Staff reporter
Harare banks crack whip on Bulawayo firms
THE Sheriff of the High Court has attached property worth millions of dollars belonging to 13 Bulawayo companies and seven businesspeople over failure to service loans owed to different financial inst...Published: 29 Oct 2013 at 02:35hrs | 1 | by Staff reporter
MBCA to open private bank in Bulawayo
MBCA Bank Limited is expected to open its first private bank in Bulawayo as part of its branch roll-out programme to increase footprints in the country, an official has said.In an interview on...Published: 23 Sep 2013 at 06:20hrs | | by Staff reporter
MBCA sees opportunity after Zimbabwe elections
MBCA Bank, a unit of South Africa's Nedbank, has positioned itself to take advantage of opportunities that may be presented by the political and economic environment after the harmonised elections....Published: 18 Aug 2013 at 14:50hrs | | by Business reporter
Delma Lupepe houses auctioned for $108 000
TWO houses belonging to Bulawayo businessman Delma Lupepe were on Friday auctioned for a combined value of $108 000.The third house, situated in Matsheumhlope where his mother and co-director...Published: 21 Jul 2013 at 10:37hrs | 7 | by Staff reporter
Delma Lupepe's houses go under the hammer
BULAWAYO mogul Delma Lupepe's three houses will go under the hammer this morning at a local hotel as three financial institutions seek to recover undisclosed monies owed by his firms.Lupepe's ...Published: 19 Jul 2013 at 08:45hrs | 1 | by Staff reporter
MBCA gets $75 million from Nedbank
MBCA Bank has secured US$75 million from majority shareholder, Nedbank Group of South Africa, to provide lines of credit to Zimbabwean companies.MBCA managing director, Charity Jinya, last w...Published: 19 Jul 2013 at 04:01hrs | | by Business reporter
Delma Lupepe's empire appears to be crumbling
BULAWAYO business mogul Delma Lupepe's empire appears to be crumbling, as a number of banks have swooped on three of his houses in the city which they intend to auction to recover undisclosed debts h...Published: 09 Jul 2013 at 06:54hrs | 2 | by Staff reporter
Mzembi in 'dodgy' degrees scandal
TOURISM minister Walter Mzembi is embroiled in a "dodgy degrees scandal" amid allegations that he has been failing to "pay" for a Mexican honorary doctorate in management.This also comes as ...Published: 08 Jul 2013 at 09:53hrs | 138 | by Staff reporter
MBCA, Mukuru in a money transfer partnership
MBCA Bank and Mukuru.com have partnered in providing instant money transfer service to MBCA and non-MBCA customers.MBCA Bank said it is pleased to be in partnership with Mukuru.com in the prov...Published: 12 May 2013 at 08:47hrs | | by Staff reporter
Banks ripping off customers
AS the corporate reporting season for the financial year ended December 31 2012 draws to an end, the spotlight has been firmly focused on Zimbabwe's banks, with analysts saying the recently-published ...Published: 05 Apr 2013 at 06:08hrs | | by Staff reporter
14 banks have met first level of capital requirements
The Reserve Bank of Zimbabwe governor Gideon Gono has said 14 out of 22 banks had met the first level of minimum requirements by December 31 last year. 5 other banks had made "significant" pro...Published: 01 Feb 2013 at 06:17hrs | | by Business reporter
Banks to reduce charges substantially
BANK charges will soon be reduced substantially following negotiations between the banking sector and the Reserve Bank of Zimbabwe amid concerns that the current level of charges was against internat...Published: 01 Feb 2013 at 06:02hrs | 1 | by Staff reporter
Saviour Kasukuwere summons Zim bankers
Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere has summoned Bankers' Association of Zimbabwe president and Barclays Bank managing director Mr George Guvamatanga for a m...Published: 04 Jun 2012 at 05:43hrs | | by Staff reporter
UZ Launches "Support Your University Campaign"
The University of Zimbabwe 'Support Your University Campaign' was officially launched in Harare with Former South African President Thabo Mbeki saying Zimbabwe can lead the education programme on the...Published: 29 Apr 2012 at 17:55hrs | | by Staff reporter
Kasukuwere, Biti clash over banks
A WAR of words has erupted between Finance Minister Tendai Biti and his indigenisation counterpart Saviour Kasukuwere, over sharp differences on localisation of foreign-owned financial institutions....Published: 16 Mar 2012 at 04:43hrs | | by Staff reporter
Nedbank chief jets into Zimbabwe
Nedbank chief executive and majority shareholder in the Merchant Bank of Central Africa Mr Mike Brown is in the country as part of his annual staff visits.Mr Brown and his executive team touc...Published: 18 Aug 2011 at 06:53hrs | 1 | by Mafu Sithabile
MBCA Bank to embark on further staff layoff programme
MBCA Bank, a commercial banking unit majority-owned by South Africa's Nedbank Group, is to embark on a further staff layoff programme after an initial one undertaken last year failed to cut the workfo...Published: 10 Jun 2011 at 07:50hrs | 4 | by Ndou Paul
Robson Chapfika facing serious fraud charges
ZIMBABWE Tobacco Auction Centre (Zitac) shareholder and former chairman Mr Robson Chapfika is facing serious fraud charges involving more than US$80 000, it has been confirmed.Zitac had secure...Published: 06 Feb 2011 at 11:12hrs | 6 | by Byo24News
Load More Stories
