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Stanbic shuts two more branches
STANBIC Bank Zimbabwe says it is closing branches in Hwange and Westgate, Harare, in line with its digitisation strategy.Early this year Stanbic discontinued operations at the Chitungwiza and ...Published: 17 hrs ago | 498 | by Staff reporter
Stanbic named Bank of The Year 2020
HARARE - 3 December 2020 - Leading financial services institution, Stanbic Bank has been awarded the 2020 Bank of the Year 2020 accolade for the second year running by top banking magazine - The Banke...Published: 03 Dec 2020 at 09:04hrs | 1191 | by Agencies
Stanbic in eye of 'wage theft' storm
STANBIC Bank Zimbabwe is facing its toughest moments in many years, after a key union approached the financial institution's South African headquartered parent, Standard Bank Group, raising a stink ov...Published: 01 Dec 2020 at 06:55hrs | 2121 | by Staff reporter
Stanbic continues with digital banking agenda
HARARE - 30 NOVEMBER 2020 Stanbic Bank continues to implement its digitization strategy as it seeks to remain in sync with the futuristic need for technological advancement as well as the dictates of ...Published: 30 Nov 2020 at 10:44hrs | 907 | by Agencies
Stanbic donates USD $34K worth of sun protection products to people living with albinism
HARARE - 20 NOVEMBER 2020 Stanbic Bank has donated sun protection products worth US$34 000 to the Albino Charity Organization of Zimbabwe (ALCOZ) as part of its annual Corporate Social Investment (CSI...Published: 20 Nov 2020 at 15:49hrs | 304 | by Agencies
Supreme Court throws out ex-Mines minister's appeal
The Supreme Court has turned down former Mines deputy minister Fred Moyo's leave to appeal a decision against seizure of his estate to settle an over US$766 000 debt he owed to Stanbic Bank.Mo...Published: 20 Nov 2020 at 06:28hrs | 807 | by Staff reporter
Stanbic launches contactless debit cards and POS machines
Leading financial services institution, Stanbic Bank is set to launch contactless debit cards and POS machines as the institution pushes ahead with its highly innovative technology advancement approac...Published: 09 Sep 2020 at 10:13hrs | 1922 | by Staff reporter
Stanbic IBTC Institutes Scholarship Awards For Nigerian Undergraduates
Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, has called for applications for the maiden edition of its 2020 Scholarship Programme.The Stanbic IBTC 2020 Scholarship Programme...Published: 03 Sep 2020 at 13:48hrs | 442 | by Simbarashe Sithole
Jacob Mudenda reported to the Special Anti-Corruption Unit
Pressure Group Chapter 2 Movement has reported Speaker of Parliament Jacob Mudenda to the Special Anti-Corruption Unit over allegations involving a $1 million land scandal which involves ZESA Holdings...Published: 22 Aug 2020 at 18:19hrs | 4753 | by Mandla Ndlovu
Rogue cops ruin man's life
48-year-old employee of platinum mining giant Unki Mines is demanding justice after he was brutalised by police in April this year while queuing at a bank in Gweru.Amos Siska, a rock support a...Published: 16 Aug 2020 at 08:18hrs | 857 | by Staff reporter
Stanbic enhances FCA digital banking
Stanbic Bank has stepped up functionality of Foreign Currency Accounts (FCAs) on their digital banking platforms, in a move that will allow customers to take full advantage of the interbank rates bein...Published: 06 Aug 2020 at 08:57hrs | 754 | by Staff reporter
'No freebies under Mnangagwa regime'
Mechanisation and irrigation projects initiated by Government are not for free and beneficiaries will be expected to pay back loans, with all loans being issued through banks using banking criteria of...Published: 21 Jul 2020 at 08:57hrs | 782 | by Staff reporter
Stanbic urges farmers to insure their livestock
As Zimbabwe continues to face various challenges in its Agricultural sector brought about by climatic change and other natural factors, Stanbic Bank has urged farmers to take advantage of its Agribusi...Published: 07 Jul 2020 at 18:33hrs | 680 | by Staff reporter
Standard Bank Group collaborates with Salesforce towards becoming a platform business
In a virtual signing event symbolic of the technologically powered new normal, Standard Bank, the parent company of leading financial services institution, Stanbic Bank Zimbabwe, has unveiled an exten...Published: 02 Jul 2020 at 08:55hrs | 809 | by Agencies
Mnangagwa launches US$51 million John Deere mechanisation facility
President Mnangagwa has launched the US$51 million John Deere Mechanisation Facility that is expected to transform the agriculture sector and ensure the industry becomes the pathway out of poverty and...Published: 25 Jun 2020 at 16:19hrs | 1499 | by Staff reporter
Stanbic Bank in virtual Africa investors conference
In line with current world trends, Stanbic Bank Zimbabwe's parent company, Standard Bank Group has adopted a digital approach to enable African corporate clients and leading policymakers to connect vi...Published: 23 Jun 2020 at 19:28hrs | 106 | by Staff reporter
Stanbic Bank Zimbabwe in new thrust to make dreams possible
Stanbic Bank Zimbabwe has launched a new tag line which is aimed at expressing a commitment to helping its customers realize their dreams as it promises to be a financial partner that works with their...Published: 17 Jun 2020 at 10:03hrs | 3630 | by Nhlanhla Moses
Mnangagwa must expel Jacob Mudenda
Today President Emmerson Mnangagwa leads the nation in a day of prayer and fasting. This is a noble initiative and welcome development, however the context of the day of prayer and fasting make the en...Published: 15 Jun 2020 at 12:01hrs | 9042 | by Chapter 2 Movement
Zimbabwe foreign currency account holders panic
Foreign Currency Account holders with Zimbabwean banks - among them units of Standard Bank, Standard Chartered and Nedbank - have expressed apprehension about what they fear could be a run on their fu...Published: 12 Jun 2020 at 20:55hrs | 8855 | by Staff reporter
Mnangagwa told to 'Stop these guerilla tactics'
Your Excellency,RE: FRANK BUYANGA SADIQI V CHANTELLE TATENDA MUTESWA: CUSTODY MATTERSAs the current President of Zimbabwe, it is prudent that I disclose information relating to the unw...Published: 11 Jun 2020 at 17:00hrs | 8743 | by Staff reporter
Nust students test positive for Covid-19
THREE medical students from the National University of Science Technology (Nust) have tested Covid-19 positive bringing the cumulative number of cases which have been recorded in Bulawayo to 20. ...Published: 03 Jun 2020 at 09:49hrs | 1517 | by Staff reporter
Stanbic starts distributing Covid 19 PPEs
Leading financial services institution, Stanbic Bank has kick-started the distribution of US$200 000 worth of equipment to health institutions throughout the country for use by frontline workers in th...Published: 01 Jun 2020 at 15:42hrs | 157 | by Own correspondent
RG Masango out on $10 000 bail
REGISTER-GENERAL (RG) Clemence Masango, who was on Wednesday arrested by the Zimbabwe Anti-Corruption Commission (Zacc) after purchasing vehicles without Cabinet authority, yesterday appeared at the H...Published: 09 May 2020 at 08:11hrs | 480 | by Staff reporter
Stanbic joins the fight against COVID-19
Leading financial services institution, Stanbic Bank Zimbabwe, has put its shoulder on the wheel in the fight against Covid-19 by pledging an assortment of the much-needed equipment worth US$200 000....Published: 29 Apr 2020 at 17:05hrs | 941 | by Staff reporter
Dilapidated business premises to lose licences
GWERU businesses risk losing operating licences if they continue using old and dilapidated structures in the central business district (CBD), the local authority has warned. Gweru Mayor, Counc...Published: 10 Apr 2020 at 08:01hrs | 697 | by Staff reporter
Zimbabwe banks close branches, suspend some services
Several Zimbabwean banks have seen closures at some of their branches, while others are no longer accepting physical documents, as the southern African country ramps up preventive measures against the...Published: 24 Mar 2020 at 19:21hrs | 3547 | by Staff reporter
Zimbabwe bank charges surge 900%
Zimbabwe's inflation is further expected to spiral upwards after local banks hiked transactional charges by as much as 900% as pressure mounts on the financial intermediaries to pay United States domi...Published: 13 Mar 2020 at 07:10hrs | 3319 | by Staff reporter
'NetOne boss Muchenje allocated himself and his wife $895 000 as a holiday allowance' - report
STATE-OWNED telecommunications firm NetOne chief executive Lazarus Muchenje, whose suspension was lifted yesterday by the High Court on a technicality, is facing numerous charges, in which he is accus...Published: 13 Mar 2020 at 06:11hrs | 4842 | by Staff reporter
Stanbic to close two branches
STANBIC Bank Zimbabwe says it will close its Beitbridge and Chitungwiza branches next month as it adopts a digitisation strategy, which allows clients to conduct transactions and other services online...Published: 19 Feb 2020 at 06:33hrs | 709 | by Staff reporter
Stanbic enhances digital banking
Stanbic Bank is stepping up the digitisation exercise hot on the heels of being named Best Bank of The Year in 2019 by leading financial magazine, The Banker, at a gala in London. The bank wil...Published: 19 Feb 2020 at 06:29hrs | 190 | by Staff reporter
NSSA dumps Treasury Bills
THE National Social Security (Nssa) has discontinued investing in Treasury Bills (TBs) in the face of skyrocketing inflation, with the state-run pension fund now saddled with US$295 million (in TBs an...Published: 07 Feb 2020 at 06:02hrs | 536 | by Staff reporter
Come for more cash: RBZ
Banks have to continuously draw cash from the central bank to ensure uninterrupted supply to depositors, Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has said.New cash and coins - ...Published: 24 Nov 2019 at 14:03hrs | 2022 | by Staff reporter
China corners Mthuli Ncube
FINANCE minister Mthuli Ncube on Wednesday held crunch talks with China's Deputy Ambassador to Zimbabwe Zhao Baogang following a nasty fallout over development-partner support figures presented in the...Published: 22 Nov 2019 at 18:07hrs | 2012 | by Staff reporter
Mthuli Ncube hails RBZ swift action on CBZ, Ecobank
Finance and Economic Development Minister Professor Mthuli Ncube has praised the Reserve Bank of Zimbabwe (RBZ) for swiftly acting against two banks alleged to have allowed their depositors to make wi...Published: 18 Nov 2019 at 06:26hrs | 1636 | by Staff reporter
Card cloning gang hits PPC Zimbabwe
FOUR men ganged up and defrauded Pretoria Portland Cement (PPC) Zimbabwe of more than US$26 500 after cloning the company's ATM card and using it to conduct illegal Point of Sale (POS) transactions at...Published: 12 Nov 2019 at 07:11hrs | 643 | by Staff reporter
Stanbic unveils low-cost BluEase account
STANBIC Bank has launched a low-cost transactional account to benefit low-income earners, who include university students, informal and sole traders.The financial institution said the initiati...Published: 07 Nov 2019 at 05:52hrs | 1113 | by Staff reporter
Mnangagwa's govt scrambles to save US$1bn Chinese deals
GOVERNMENT officials were this week nervously scrambling to salvage three big Chinese-funded infrastructural projects totalling US$1,324 billion, which are on the verge of collapse after US$10 million...Published: 01 Nov 2019 at 06:44hrs | 814 | by Staff reporter
Metro Peech and Browne Wholesalers introduce Bureaux de Change across 17 branches nationwide
A leading wholesaler in Zimbabwe, Metro Peech and Browne Wholesalers, has installed 17 new Bureaux de Change to deliver convenient foreign currency exchange solutions for customers across the country....Published: 29 Oct 2019 at 10:59hrs | 1469 | by Staff reporter
Mnangagwa's govt re-engages Sakunda
THE government has again roped in controversial oil company, Sakunda Holdings, in the distribution of agricultural inputs to farmers under the Command Agriculture scheme after it poured in $2.8 billio...Published: 13 Oct 2019 at 06:35hrs | 5045 | by newzimbabwe
Agric preps begin
Government will start moving agricultural inputs for Command Agriculture to several parts of the country this week as it pushes farmers to plant early to maximise on imminent rains.Logistical ...Published: 06 Oct 2019 at 15:07hrs | 28 | by Staff reporter
Treasury not writing off Command Agric debts
Government has no plans to write off Command Agriculture debts and expects beneficiaries of the facility to pay back dues. Command Agriculture is a cost recovery scheme that was introduced by Governme...Published: 02 Oct 2019 at 06:32hrs | 25 | by Staff reporter
Makhosini Hlongwane set to lose property over US$30 000 vehicle debt
FORMER Sport, Arts and Recreation Minister and Member of Parliament for Mberengwa East Makhosini Hlongwane's property is set to be auctioned over a debt of more than US$36 000 for a vehicle and asset ...Published: 12 Sep 2019 at 22:24hrs | 614 | by Staff reporter
South Africans and their companies given 7 days to leave Nigeria
South Africans and their companies operating in Nigeria have been given seven days to pack up their bags and leave Nigeria by the National Association of Nigerian Students (NANS) following an increase...Published: 03 Sep 2019 at 20:50hrs | 10915 | by Staff reporter
Zimbabwe banks raise red flag over policies
Zimbabwe's banking sector has singled out policy inconsistency as the biggest threat to its sustainability, citing conflicting statements on currency reforms.Bankers' Association of Zimbabwe (...Published: 01 Sep 2019 at 15:01hrs | 1121 | by Staff reporter
Jacob Mudenda's scandals unpacked?
Who is Jacob Francis Mudenda? Jacob Francis Mudenda nicknamed "The Headmaster" in parliament and "Scania" in Matebeleland North is the current Speaker of the National Assembly. Born in 1949, M...Published: 23 Aug 2019 at 05:56hrs | 6024 | by Nicholas Ncube
Murowa Diamonds swindled in aircraft purchase deal
RIO Tinto-run Murowa Diamonds (Pvt) Ltd was allegedly swindled of $85 000 by Wilderness Safaris Zimbabwe (Pvt) Ltd after the latter failed to supply an aircraft despite having received the full paymen...Published: 21 Aug 2019 at 07:53hrs | 645 | by Staff reporter
Stanbic Bank recruits more student interns
STANBIC Bank Zimbabwe has increased the number of university students who will be participating in its 2019/2020 cycle of exclusive internship programme to 20.The programme is strategically st...Published: 21 Aug 2019 at 07:47hrs | 366 | by Staff reporter
Stanbic management, employees ink wage deal
Management and employees at Stanbic Bank Zimbabwe Limited, a subsidiary of Standard Bank of South Africa Limited, have agreed on an upwards review on the latter's wages, NewsDay reported.Accor...Published: 05 Aug 2019 at 07:40hrs | 2092 | by Staff reporter
Stanbic Bank pays workers advance wage to avert strike
STANBIC Bank Limited, a subsidiary of the South African based Standard Bank of South Africa Limited, advanced its employees ZWL$1 000 in allowances to avert a strike last week as the economic situatio...Published: 17 Jul 2019 at 07:48hrs | 1272 | by Staff reporter
VACANCIES: Stanbic Bank 2019/2020 internship program
Stanbic Zimbabwe is pleased to launch the 2019/2020 Internship Program, Zim Techreview reports. We invite self-driven,...Published: 14 Jul 2019 at 19:49hrs | 5801 | by Staff reporter
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