Business

Stanbic records impressive set of results

STANBIC Bank Zimbabwe shrugged off the prevailing economic environment to post a $49.9 billion inflation adjusted profit after tax for the year ended December 31, 2022, up by 180 percent from the prior year’s $17.8 billion. The set of results also saw the leading financial services institution posting a profit after tax of $71.7 billion…

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Business

BCC, Zesa meet over power cuts

THE Bulawayo City Council (BCC) and Zesa are set to meet tomorrow to iron out the issue of decentralising power supplies to the council’s water treatment plants. This comes as the local authority has accused Zesa of sabotaging the city authority’s capacity to supply water to ratepayers, by switching off power without giving notice thereby…

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Business

Old Mutual trains 700 Bulawayo women in financial literacy

DIVERSIFIED international financial services group, Old Mutual, is training 700 women and girls in Bulawayo in financial literacy for them to make informed monetary decisions. Speaking at the Women’s Month celebrations organised by the group yesterday, Old Mutual and CABS regional manager Crispen Nemunyadzo said financial skills were crucial for women and girls as they…

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Business

Steward Bank unveils online payment platform

STEWARD Bank, the country’s largest bank by depositors, has unveiled Steward Pay, an online payment gateway, which facilitates the processing of local and international payments online via VISA, Mastercard, EcoCash and Steward Bank accounts. Steward Bank chief executive officer Courage Mashavave said the launch of Steward Pay is part of the bank’s ongoing cycle of…

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Aviation industry reviews disaster preparedness

AIRPORTS Company of Zimbabwe (ACZ) is reviewing its ‘Collaborative Arrangement for Management and Prevention of Public Health Events in Civil Aviation (Capsca)’ and evaluating its capacity to coordinate public health disasters. Capsca is an international civil aviation mission focused on preventing and managing public health emergencies such as Covid-19 and Ebola. Speaking on the sidelines…

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NMB donates sanitary wear to Goromonzi school girls

ONE of the country’s biggest financial institutions, National Merchant Bank of Zimbabwe Limited (NMB), has partnered with the Unlimited Hope Alliance Trust and donated sanitary pads to girls in Goromonzi, Mashonaland East province. The donation was part of the bank’s International Women’s Day to vulnerable girls and women in the district. Speaking at the handover…

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