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Mukupe slapped with another default judgment
HIGH Court judge Justice Edith Mushore yesterday gave troubled Finance deputy minister Terrence Mukupe until July 18 to settle his $32 593 debt with Trust Bank loan or face civil imprisonment....Published: 05 Jul 2018 at 08:36hrs | | by Staff reporter
Mnangagwa's ally faces jail term over debt
Deputy Finance minister Terrence Mukupe is today set to appear before High Court judge Justice Edith Mushore, where he faces civil imprisonment over a $32 593 Trust Bank debt.Trust Holdings' b...Published: 04 Jul 2018 at 09:18hrs | 1 | by Staff reporter
Mukupe to be jailed on Wednesday?
FINANCE deputy minister and Zanu PF parliamentary candidate for Harare East, Terrence Mukupe, faces civil imprisonment for failing to service a $32 593 loan received from the now-liquidated Trust Bank...Published: 02 Jul 2018 at 17:09hrs | | by Staff reporter
Mnangagwa's ally sinks in debt
FINANCE deputy minister Terrence Mukupe continues to swim in debt with a local school joining the long list of institutions that have taken him to court over debts.The school, which could not ...Published: 23 Jun 2018 at 20:27hrs | 2 | by Staff reporter
Mukupe faces jail
FINANCE deputy minister and Zanu PF parliamentary candidate for Harare East, Terrence Mukupe, faces civil imprisonment for failing to service a $32 593 loan received from the now-liquidated Trust Bank...Published: 19 Jun 2018 at 15:05hrs | | by Staff reporter
Trust Bank bosses face litigation
THE Deposit Protection Authority has recommended litigation against directors of Trust Bank Corporation Ltd, for fraudulent conduct of business. KPMG, an agent of Depositors Protection Corpora...Published: 22 Jul 2016 at 05:35hrs | 3 | by Business Reporter
Mnangagwa, Mphoko must build confidence
The time for sounding good is over; we now need good, sound policies to be implemented.There is a lot of scepticism whether the utterances of the new Vice-Presidents (VPs) will eventually res...Published: 22 Jan 2015 at 06:36hrs | | by Vince Musewe
Zim economy in dire straits
THE country's economy continues to swing directionless with figures indicating that the Zimbabwe Stock Exchange (ZSE), seen as the barometer of the economy, slumping by US$642,8 million to US$4,56 bil...Published: 12 Jun 2014 at 08:25hrs | 2 | by Fingaz
Central Bank cancels Trust Bank's licence
THE Reserve Bank of Zimbabwe has cancelled the banking licence for Trust Bank over allegations of abuse of depositors' funds and violation of the Banking Act.This marks the second time in eigh...Published: 07 Dec 2013 at 03:11hrs | | by Staff Reporter
SA's Royal Bafokeng Nation eyes Trust Bank
TRUST HOLDINGS is on the verge of concluding a placement with a South African firm MOGS to raise $20 million to comply with minimum capital requirements and enhance liquidity in its banking unit. ...Published: 07 Nov 2013 at 02:43hrs | 1 | by Staff reporter
Trust Holdings shares suspended from the ZSE
The Zimbabwe Stock Exchange (ZSE) has announced that it has received and accepted the application for the voluntary suspension of trading in Trust Holdings shares, acting CEO Martin Matanda said this ...Published: 31 May 2013 at 10:46hrs | | by Business reporter
ZSE: Industrials snaps 2-day rising streak at week's ending
ZSE shares were back in the negative territory on Friday, breaking a 2-day rising streak in a session where only 5 counters managed gains while 6 traded in the red.Volumes dropped in the sessi...Published: 26 Apr 2013 at 10:44hrs | 2 | by Business reporter
Trust Holdings posts a tepid set of Interim results
Trust Holdings posted a tepid set of interims showing an adjusted loss before tax of $2.9 million. Adjusted cost to income ratio deteriorated to 132% impacted by the re-opening of the banking unit. At...Published: 29 Aug 2011 at 07:43hrs | | by Imara
Trust Bank has reopened 10 branches countrywide
Trust Bank has reopened 10 branches countrywide since its relaunch last December.Group spokesperson Ms Barbra Muyengwa said the Chinhoyi branch, which came online last week, was the latest to ...Published: 03 Feb 2011 at 01:51hrs | | by Byo24NEWS
Trust Bank is back
TRUST Banking Corporation Limited reopened for business yesterday after a six-year absence. The bank is operating a branch at Trust Towers while another branch is set to open in B...Published: 14 Dec 2010 at 11:00hrs | 1 | by Byo24
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