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Biti slams fictitious policies for inflaming de-industrialisation

According to Biti, macro-economic projections forecast by Ncube were unattainable.
By Freeman Makopa Dec. 13, 2024

FBC gets US$10m change in StanChart Zim’s acquisition

The amount was based on the indicative net asset value of the bank  using a “proforma completion balance sheet” computed as of March 31, 2023.
By Tatira Zwinoira Oct. 18, 2024
Premium

Global corporates dump Stanchart

This move came after Standard Chartered Plc’s 2022 decision to withdraw from several emerging markets, including Zimbabwe.
By Melody Chikono Aug. 2, 2024

Ceteris Paribus: What to expect from Stanchart acquisition

The transaction also fell within FBCH’s market adoptive plan of enriching and widening its loan underwriting capacity in the face of increasing volatility.
By Tinashe Duma May. 24, 2024

Stanchart Zim workers deserve honesty, respect

We understand the bank's decision to leave, but we expect a more considerate approach when it comes to the welfare of its employees.
By The Zimbabwe Independent May. 24, 2024

Stanchart leaves trail of ‘distress’... pensioners petition London head office over looting claims

Timmy Nheru, managing director at Minerva, refuted the allegations, saying: “The information is readily available. The pensioners never asked to see those documents.”
By Mthandazo Nyoni May. 24, 2024

StanChart Zim appoints new chairman

The appointment of Mashanyare coincides with the FBC Holdings Limited's finalisation of its acquisition of StanChart Zimbabwe,
By Business Reporter May. 14, 2024

FBC, StanChart deal by June

In April 2022, StanChart’s former British-based parent company, Standard Chartered PLC, announced plans to fully divest from its Angola, Cameroon, Gambia, Jordan, Lebanon,
By Business Reporter Apr. 1, 2024

CTC approves FBC, StanChart deal

The deal was first approved by the Reserve Bank of Zimbabwe in November last year.
By Mthandazo Nyoni Mar. 13, 2024