Banks maintain cautious optimism
Despite the local and global economic uncertainties, AFC Holdings said the outlook remained positive.
By Melody Chikono
Apr. 5, 2024
Nedbank Zim records a 203% profit increase
The rise was underpinned by loans to the private sector, which supported an overall growth of 182% to the bank’s net funded income.
By Tatira Zwinoira
Mar. 28, 2024
American Express deal boost Nedbank Zimbabwe
During the period under review, non-funded income from client transactions, excluding unrealised foreign exchange gains, grew by 191%.
By Tatira Zwinoira
Mar. 28, 2024
Touching Nedbank Tour de Great Dyke moment as 82-year-old cyclist falls off the bike
But just as he was about to finish the gruelling three-day journey, he was unfortunately hit from behind by other cyclists and came down crashing.
By Austin Karonga
Nov. 12, 2023
Banks lose billions in bitter recession
The panel said loans and advances crashed by 56% during the period, while deposits also dropped 73%. However, non-performing loans improved.
By Shame Makoshori
Oct. 20, 2023
Stanbic scoops top award
The survey, one of Southern Africa’s best analysis of banking systems, is run by the Independent in partnership with First Capital Bank.
By Julia Ndlela
Oct. 20, 2023
Stanbic wins ZimInd award
Nedbank Zimbabwe managing director Sibongile Moyo was named the best banker.
By Staff Reporter
Oct. 20, 2023
American Express deal vital for tourism: Nedbank Zim
“The average American Express card holder enjoys about three times the purchasing power, more than any other competing brand’s customer.
By Freeman Makopa
Aug. 4, 2023
Nedbank launches American Express in Zim
According to the bank, merchants acquired by Nedbank Zimbabwe for American Express acceptance can attract business from a global base of high-spending card members.
By Freeman Makopa
Aug. 2, 2023