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Stanbic named best banking brand in Zimbabwe
Stanbic Bank Zimbabwe has been named the Best Banking Brand in Zimbabwe by the internationally acclaimed Global Brands Magazine, further cementing its reputation as a leader in the financial services ...Published: 05 Jun 2025 at 11:35hrs | 147 | by Staff reporter
Crypto not yet subject to exchange controls
In a landmark ruling, the Pretoria High Court has clarified that cryptocurrencies do not fall under South Africa's exchange control regulations. The judgment came in a case between Standard Bank and t...Published: 28 May 2025 at 10:40hrs | 67 | by Staff reporter
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 674 | by Agencies
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2452 | by Roland Mpofu I iol
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3781 | by Staff reporter
SA election supply firm paid Chivayo R800 million
Zimbabwe's Ministry of Finance paid more than R1.1 billion to a South African company contracted to supply materials for the country's 2023 general elections - and over R800 million of tha...Published: 07 Apr 2025 at 20:40hrs | 2005 | by Staff reporter
Zimbabwe govt rolls out POS machines to formalise informal businesses
The Zimbabwean government has commenced a nationwide programme to integrate unregistered businesses into the formal economy by distributing point-of-sale (POS) machines, which are now a prerequisite f...Published: 09 Mar 2025 at 13:08hrs | 226 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 472 | by Agencies
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 693 | by Staff reporter
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 236 | by Agencies
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 610 | by Ambassador Pamela M. Tremont
Standard Bank employee jumps to death at workplace
A Standard Bank employee has tragically died after jumping from the 7th floor of the bank's head offices on Baker Street in Rosebank, Johannesburg, in what is believed to be a suicide. The incident oc...Published: 12 Oct 2024 at 16:35hrs | 5885 | by Staff reporter
Stanbic Bank expands its ATM network
Harare, 24 July 2024 - Stanbic Bank Zimbabwe has embarked on an exercise to expand its Automated Teller Machines (ATMs) in response to growing client demands.The move by the leading financial ...Published: 24 Jul 2024 at 09:01hrs | 429 | by Agencies
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 147 | by Staff Reporter
ZEC paid US$5.4 million for fancy V11 display boxes that it never used
The Zimbabwe Electoral Commission (ZEC) splurged US$5 million on gadgets to display digital V11 polling station forms for last August's elections - but the devices, bought at inflated prices, were onl...Published: 28 Jun 2024 at 09:16hrs | 3 | by Staff reporter
MK Party emboldened by arrest of Ramaphosa linked IEC official on fraud charge
The uMkhonto weSizwe Party (MKP) says it isn't surprised that a top official of the Electoral Commission of SA (IEC) has been charged with fraud.This simply underlined their belief that some I...Published: 24 Jun 2024 at 08:46hrs | 10 | by Staff reporter
Dupute Warriors need you
The South African-based Rhumba group Dupute Warriors will be releasing a single on Friday 7th of June 2024 mainly to raise fund for its upcoming album.With eight albums to their name, Dupute W...Published: 04 Jun 2024 at 14:23hrs | 22 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 35 | by Staff reporter
Stanbic Bank embarks on financial fitness workshops for SMEs
Harare, 10 April 2024 - Leading financial services institution, Stanbic Bank, has established a financial fitness academy aimed at equipping Small to Medium Enterprises (SMEs) with the requisite skill...Published: 10 Apr 2024 at 22:21hrs | 45 | by Agencies
Why close Sekunjalo Bank account when Steinhoff is still having one?
The decision to shut down the Sekunjalo Group's bank accounts and associated companies is a clear case of discrimination masquerading as concern over "reputational risk."Ongoing legal battles ...Published: 25 Feb 2024 at 08:12hrs | 1 | by Edmond Phiri
Stanbic Bank donates US$20 000 for chemotherapy drugs to CAZ
Harare, 19 December 2023 - Stanbic Bank has donated US$20 000 to the Cancer Association of Zimbabwe (CAZ) towards the purchasing of chemotherapy drugs for its members. This year is the 10...Published: 20 Dec 2023 at 22:26hrs | 38 | by Agencies
Stanbic named 2023 bank of the year by the banker
Harare, 12 December 2023 - Stanbic Bank has been selected 2023 Bank of the Year in Zimbabwe by world renown London-based magazine, The Banker, cementing its place as one of the country's leading finan...Published: 13 Dec 2023 at 09:24hrs | 26 | by Stephen Jakes
Cyril Ramaphosa won't act on rand-fixing banks
President Cyril Ramaphosa will not act against the banks over rand fixing, according to Unisa Professor Boitumelo Senokoane.Senokoane, who joins the popular narrative that the president's stro...Published: 27 Nov 2023 at 16:35hrs | 14 | by Sifiso Mahlangu
Stanbic scoops three prestigious awards
Harare, 24 October 2023 - Stanbic Bank Zimbabwe scooped three prestigious awards - two at the Banks and Banking Survey sponsored by financial services institution, FCB and publishing company, Alpha Me...Published: 25 Oct 2023 at 20:39hrs | 19 | by Agencies
Chinese national up for fraud in Zimbabwe
A Chinese national residing in South Africa facing a fraud charge was denied bail by Harare magistrate Feresi Chakanyuka on Monday. Hu Dong, who is accused of defrauding Sunny Yi Feng Tiles Company of...Published: 25 Oct 2023 at 06:43hrs | 3 | by Staff reporter
Stanbic supports artists to maximise their talents for financial gain
Harare, 11 October 2023 - Leading financial services institution, Stanbic Bank Zimbabwe is committed to propping up musicians and other creative artists and hel...Published: 11 Oct 2023 at 22:03hrs | 32 | by Agencies
Zimbabwe's Beitbridge border post project a flagship PPP
South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government's road authority Zimb...Published: 06 Sep 2023 at 20:24hrs | 5 | by Cameron Mackay
Stanbic Bank facilitates breaktrhough MOU between two top Zim and China Universities
Harare, 24 August 2023 - Stanbic Bank has facilitated a trail-blazing, mutually beneficial and cooperative relationship between two top Zimbabwean and Chinese universities as the leading financial ser...Published: 24 Aug 2023 at 19:23hrs | 27 | by Agencies
Zimbabwe's FBC Holdings acquires Standard Chartered Bank's business portfolio
Zimbabwe's FBC Holdings Limited and Standard Chartered Bank have reached an agreement for the acquisition of the latter's business portfolio in the country, subject to regulatory approval by the Reser...Published: 08 Jun 2023 at 18:04hrs | 2 | by Staff reporter
Stanbic Bank calls for unity of purpose in mining
HARARE, 06 June 2023 - Stanbic Bank has called on mining stakeholders to work together to unlock full potential of the sector and its value chain.The Standard Bank Group Subsidiary's Chief Exe...Published: 07 Jun 2023 at 13:40hrs | 21 | by Agencies
Mthuli Ncube claims credit for Cowdray Park clinic
FINANCE minister Mthuli Ncube has been exposed for hijacking a clinic in Bulawayo's Cowdray Park, claiming to have facilitated its construction as part of his election campaign.Ncube is eyeing...Published: 27 Apr 2023 at 06:28hrs | 2 | by Staff reporter
Zanu-PF aspiring candidate granted $300,000 bail
Zanu-PF Makoni West aspiring candidate, Moses Ruwona, was released on $300 000 bail yesterday in a case where he faces fraud charges involving US$500 000.He spent two weeks in remand pri...Published: 20 Apr 2023 at 07:33hrs | 4 | by Staff reporter
Aspiring Zanu-PF MP spends weekend in jail over money laundering
Zanu-PF Makoni West constituency aspiring candidate Moses Ruwona will spend the weekend behind bars after Harare regional magistrate Stanford Mambanje postponed his bail ruling to tomorrow.Ruw...Published: 16 Apr 2023 at 08:33hrs | 23 | by Staff reporter
Bail ruling for aspiring Zanu-PF MP set for tomorrow
Harare regional magistrate Mr Stanford Mambanje will tomorrow deliver ruling in a bail application by Zanu-PF aspiring Member of Parliament for Makoni West Moses Ruwona and his accomplice Macmillan Ch...Published: 13 Apr 2023 at 17:56hrs | 1 | by Staff reporter
Aspiring Zanu-PF MP locked up for fraud, money laundering
Moses Ruwona, an aspiring Zanu-PF candidate who defeated ICT minister Jenfan Muswere in the recently held party primary elections before being disqualified, has been locked up on allegations of fraud ...Published: 13 Apr 2023 at 16:56hrs | 1 | by Staff reporter
Zimbabwean appointed managing director at Uganda's DFCU Bank
Development Finance Company of Uganda Bank Limited (DFCU) Bank has appointed Mr Charles M Mudiwa, a Zimbabwean national, as the new managing director, almost three months after Mr Mathias Katamba resi...Published: 09 Apr 2023 at 08:07hrs | 2 | by Staff reporter
Zimbabwe gold smugglers use South African banks, bribes to launder money
Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has fou...Published: 01 Apr 2023 at 17:56hrs | 1 | by Staff reporter
ABSA, Standard Bank agree US$193m funding deal to build new Zimbabwe hospitals
Zimbabwe is to raise US$193 million in offshore lending to implement a 2019 agreement with UK infrastructure company NMS for the construction of hospitals and clinics in the country.ABSA and S...Published: 29 Mar 2023 at 20:43hrs | 2 | by Staff reporter
Biden claims immunity from SA courts in Zimbabwe sanctions case
The US Embassy in Pretoria has issued a diplomatic note to SA claiming the Johannesburg High Court lacks jurisdiction over the US in the case brought a year ago by the Zimbabwe Anti-Sanctions Movement...Published: 25 Mar 2023 at 15:59hrs | 3 | by Staff reporter
EFF shutdown knocks the rand
The JSE was lifted by rand hedges and precious metals miners on Monday, amid global jitters over recent banking crises abroad, with the rand showing some pressure. This was as the EFF pressed ahead wi...Published: 20 Mar 2023 at 14:25hrs | 6 | by Staff reporter
FNB of South Africa plus 4 other investors vie for Standard Chartered Bank Zimbabwe?
THE proposed takeover of Standard Chartered Bank Zimbabwe (StanChart), the country's oldest financial institution, has moved a gear up after five prospective investors including local and regional ent...Published: 21 Jan 2023 at 11:25hrs | 20 | by Staff reporter
Chiwenga ex-wife's Pretoria home, Range Rovers seized by South African authorities
Vice President Constantino Chiwenga's ex-wife Marry Mubaiwa's troubles continue mounting after a South African court has ordered the seizure of her Pretoria home and her two Land Rover vehicles until ...Published: 20 Dec 2022 at 20:44hrs | 1 | by Staff reporter
Stanbic Bank celebrates 3o years of driving Zimbabwe's growth
HARARE - 16 NOVEMBER, 2022 - Stanbic Bank, is this month celebrating 30 years of service provision which has seen the leading financial services institution contributing significantly to the socio-eco...Published: 16 Nov 2022 at 09:27hrs | 9 | by Agencies
From Mzilikazi High to the world flying high and far-flung
PROMINENT Zimbabwean lawyer Sternford Moyo is flying high - literally and figuratively. He has been traversing the world as International Bar Association (IBA) president - from Harare to Singapore and...Published: 02 Oct 2022 at 09:07hrs | 3 | by Staff reporter
Stanbic targets diaspora property investment through UK expos
Stanbic Bank Zimbabwe is taking part in two property, trade and investment expositions to be held in the United Kingdom (UK) this week and next to unlock investment in residential and commercial prope...Published: 14 Sep 2022 at 12:14hrs | 1 | by Agencies
Stanbic targets diaspora property investment
STANBIC Bank Zimbabwe is taking part in two property, trade and investment expositions in the United Kingdom (UK) this week targeting investment in residential and commercial property for Zimbabweans ...Published: 14 Sep 2022 at 05:54hrs | | by Staff reporter
Stanbic donates borehole to mount St Mary's hospital in Wedza
Stanbic Bank has donated a solar-powered borehole and a 10 000 litre tank to Mt St Mary's Hospital in Wedza, Mashonaland East as part of its commitment to prop up government's health delivery services...Published: 07 Sep 2022 at 10:17hrs | 13 | by Agencies
Stanbic-sponsored Stragglers Junior Cricket kicks off after two-year absence
Zimbabwe's leading junior cricket development programme, Stragglers Junior Cricket Week, kicks off today after a two-year COVID 19-induced lull.Stanbic Bank sponsors the week-long event in whi...Published: 21 Aug 2022 at 10:09hrs | 32 | by Agencies
Stanbic Bank assists more than 600 individuals and companies with residential and commercial property needs
Leading financial services institution, Stanbic Bank Zimbabwe has assisted over 600 individuals and corporates acquire residential and commercial properties over the last year as part of its efforts t...Published: 20 Jul 2022 at 21:49hrs | 18 | by Agencies
Stanbic chips in for life-saving bridge construction
Stanbic Bank Zimbabwe was part of a stellar team of stakeholders led by Rotary Club of Harare City, who chipped in with assistance in cash or kind during the construction of the Shavanhowe foot bridge...Published: 16 May 2022 at 11:57hrs | 20 | by Agencies
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