Standard Chartered regional chief executive officer Africa and the Middle East (AME) Sunil Kaushal (left) and FBC Holdings chief executive John Musha.yavanhu shaking hands during the signing ceremony in Harare.
Business

FBC set to acquire StanChart

FBC Holdings Limited (FBCH) and Standard Chartered Bank PLC have entered into an agreement for the acquisition of Standard Chartered’s business in Zimbabwe subject to the approval of the regulatory authorities, including the Reserve Bank of Zimbabwe. The announcement was made yesterday at Standard Chartered’s headquarters in Harare, Zimbabwe by Sunil Kaushal from Standard Chartered…

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