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Nedbank Zimbabwe wins US$2m Supreme Court case

The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank Zimbabwe account was not a foreign loan…

Published: 10 Jun 2025 at 17:20hrs | 977 | by Staff reporter

How Bangwato and Nswazwi of Botswana settled in Zimbabwe

The Bangwato-Tswana people of Mangwe in Zimbabwe are descendants of the followers of Raditladi and Mphoeng who broke away from the main group, following a dispute with Bangwato Regent Khama III in the 1890s.The dispute arose when Khama III…

Published: 07 Jul 2024 at 10:37hrs | 9 | by People and Culture

Nedbank US$271 000 robbery suspect acquitted

Bulawayo regional magistrate Ms Sibonginkosi Mnkandla has acquitted Elias Mudenda, one of the two suspects accused of stealing US$271,500 and R2 million from a Nedbank branch in the city last year. The acquittal was due to lack of compelli…

Published: 07 Jul 2024 at 10:36hrs | 51 | by Staff reporter

Zimbabwe police identify, launch manhunt for Nedbank robbers

POLICE have identified and launched a manhunt for seven suspects, three of them notorious brothers accused of robbing a Nedbank branch in Bulawayo of US$272 500-00, ZAR 2 420 000-00, and five gold coins last year.Bulawayo provincial police…

Published: 04 Jan 2024 at 05:55hrs | 18 | by Staff reporter

Police officer in Nedbank robbery arrested

A female police officer has been apprehended in connection with the recent break-in at a Nedbank branch in Bulawayo, during which thieves made off with over US$270,000 and R2 million.According to sources familiar with the investigation, De…

Published: 26 Sep 2023 at 06:18hrs | 18 | by Staff reporter

Burglars raid Nedbank

Burglars broke into a Nedbank building in Bulawayo's Belmont industrial area where they damaged three safes before stealing over US$270 000 and about R2 million, police confirmed yesterday.The break-in, which occurred last Saturday night, …

Published: 30 Aug 2023 at 06:44hrs | 10 | by Staff reporter

Nedbank Zimbabwe heads for VFEX

FINANCIAL services outfit, Nedbank Zimbabwe said on Friday it planned to list on the Victoria Falls Stock Exchange (VFEX) on November 18, becoming the first lender to trade its stock at the waterfall since the bourse opened two years ago.V…

Published: 24 Oct 2022 at 06:09hrs | 3 | by Staff reporter

Nedbank chops off 23 workers

Nedbank Zimbabwe Limited has retrenched 23 workers, including 10 managers, citing a shift in its strategic focus.The workers affected by the compulsory retrenchment exercise, which took effect from August 1, are expected to be paid severan…

Published: 11 Aug 2022 at 06:42hrs | 2 | by Staff reporter

Nedbank renews Sables sponsorship

NEDBANK Zimbabwe has renewed sponsorship of the Sables for one more year after announcing an increase to the title sponsorship of the country's flagship rugby side.The bankâ€š which has committed its support to rugby development in Zimbabw…

Published: 24 Feb 2022 at 05:41hrs | 3 | by Staff reporter

Nebank bankrolls Sables' WC quest

NEDBANK Zimbabwe has pledged to play a leading role in ensuring the Sables achieve their goal of qualifying for the 2023 Rugby World Cup after being unveiled as the new headline sponsors of the senior national fifteens rugby team ahead of …

Published: 28 May 2021 at 08:01hrs | 1 | by Staff reporter

Zimbabwe Nedbank employees to picket at the company's headquarters in South Africa

ZIMBABWE Banks and Allied Workers Union (Zibawu) has written to South Africa's NedBank giving notice of its intention to picket at its offices over what it argues is intransigence by the diversified group's local subsidiary.In the letter d…

Published: 26 Jul 2019 at 08:09hrs | | by newzimbabwe

Nedbank Zimbabwe caught with pants down, ordered to return $3m to client

NEDBANK Zimbabwe has been ordered to return close to $3 million it had unlawfully taken from its client, Mega Market (Private) Ltd, after making some foreign currency payment to the client's suppliers. Mega Market had sued Nedbank for unil…

Published: 22 Apr 2019 at 07:47hrs | 3 | by Staff reporter

Nedbank buying back shares from minority shareholders

NEDBANK Group (Nedbank) says it will pay R2 billion (approximately US$139,6 million) to minority shareholders inherited from Old Mutual.The South Africa-based financial institution, which owns Nedbank Zimbabwe, yesterday said it is buying …

Published: 17 Oct 2018 at 16:02hrs | | by Staff reporter

Komphela quits Kaizer Chiefs

Steve Komphela quit as coach of Kaizer Chiefs just minutes after violent scenes followed his side's departure from the Nedbank Cup on Saturday as Free State Stars beat them 2-0 in their semifinal."We have to cut this culture of ill-discipl…

Published: 23 Apr 2018 at 06:53hrs | 4 | 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 Nedbank Zimbabwe, formerly MBCA Bank, in Harare on …

Published: 22 Apr 2018 at 09:53hrs | | by Staff reporter

Nedbank Zimbabwe to give out home loans

Nedbank Zimbabwe, a unit of South Africa's Nedbank group will not be venturing into housing development like other local financial institutions but will rather focus on providing financial instruments for its customers to become home owner…

Published: 20 Mar 2018 at 05:47hrs | 2 | by Staff 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.Nedbank operates MBCA Bank in Zimbabwe…

Published: 11 Nov 2015 at 21:29hrs | 1 | by Tawanda Karombo

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 will advise if there is something in place. This comes…

Published: 17 Dec 2014 at 07:46hrs | 1 | by Staff reporter

Kingston Nkhatha to miss Nedbank final

Kaizer Chiefs striker Kingston Nkhatha will miss Saturday's Nedbank Cup final against SuperSport United due to suspension.According to the Soccer Laduma website, the yellow card he picked up in their last league game against Tuks was his f…

Published: 23 May 2013 at 14:27hrs | | by Soccer Laduma

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Police, ZIMRA in luxury vehicle crackdown

Man kills brother-in-law in dispute over cellphone

Maponga re-elected as ZUJ president

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Lovers found dead in suspected murder-suicide

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Advocate Mpofu takes on State House security guards

Chinese nationals fined only US$150 for cocaine in the Banana republic

Zimbabwe grain import ban affecting SA farmers

7 dead in Masvingo-Beitbridge road crash

No excuses will end Zimbabwe's electricity shortages without accountability, investment, and reform

Zim schools to introduce anti-sanctions curriculum, from ECD

National Sports Stadium rehab will be completed by year-end

High Court nullifies US$140,000 property sale in divorce dispute

Bulawayo records major HIV decline

Elderly overlooked in HIV prevention

Tagwirei publishes snakebite management guidebook

General Mutamba honoured with Zimbabwe's top policing award

Woman found buried in garden, stepdaughter arrested

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