Bank workers plot Sadc offensive against Stanchart
This was part of a broad strategy that saw the banking giant leaving poorly performing emerging markets assets.
By Julia Ndlela
May. 31, 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 faces demo over ‘oppressive’ deal
In Zimbabwe, poor performance was underpinned by costs associated with a volatile currency and rampaging inflation.
By Mthandazo Nyoni
May. 17, 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
Premium
Banks raid accounts over IMMT ‘arrears’
The IMTT on foreign and local currency transactions is pegged at 1% and 2%, respectively.
By Tafadzwa Mhlanga
Dec. 31, 2023
‘Mega banks deal complete by Dec’
Countries also targeted under the strategy include Lebanon, Angola, Cameroon, Gambia, Sierra Leone and Jordan.
By Tatira Zwinoira
Sep. 8, 2023
Inside FBC's StanChart acquisition deal
AENT is a stand-alone fund created by the StanChart Zim shareholders to house any other local investments than the investment in the bank
By Tatira Zwinoira
Sep. 8, 2023
