Bank - The Standard

Topic : Bank

Zimbabwe seeks over US$10bn offshore credit

BAZ president Sibongile Moyo said significant investment was needed to drive sustainable development and revive the country's struggling economy.

By Melody Chikono Jun. 20, 2025

Zimbabwe seeks over US$10bn offshore credit

Correspondent banks return to Zim

Correspondent banking ties help local banks to process international transactions for their customers.

By Melody Chikono Jun. 19, 2025

Stanbic empowers entrepreneurs through transformative business programme

The Incubator Hub, based in Harare, provides a collaborative space for SMEs to brainstorm, share ideas, and participate in skills development programmes.

By Business Reporter Jun. 11, 2025

Stanbic empowers entrepreneurs through transformative business programme

Time Bank’s proposal requires sober minds

At the outset of the second republic, President Emmerson Mnangagwa exhorted Zimbabweans to put all hands on deck to help extricate the country from pariah status.

By Newsday Jun. 11, 2025

Time Bank’s proposal requires sober minds

Afreximbank pushes back after Fitch downgrade

The pan-African bank said it operated under very high standards of financial transparency, adhering to International Financial Reporting Standards (IFRS), including IFRS 9.

By Business Reporter Jun. 10, 2025

Afreximbank pushes back after Fitch downgrade

A wake-up call for African leaders

Fitch considered Afreximbank’s exposure to the Ghana sovereign (2,4% of loans) as non-performing.

By Newsday Jun. 10, 2025

Bank wins US$2m Supreme Court case

Following alleged difficulties in remitting payments due to foreign currency shortages, the company allegedly deposited funds into a non-resident escrow account at Nedbank.

By Ruvimbo Mukubwa and Takudzwanashe Mangongera Jun. 10, 2025