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Monday, 13 May 2013 12:14
HARARE - A Reserve Bank of Zimbabwe (RBZ) announcement that it will “approve and facilitate” shareholding changes in AfrAsia Kingdom Zimbabwe Limited (AKZL) has raised speculation that Mauritius-based AfrAsia Bank Limited (ABL) could be planning to increase its stake in the...Read More
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News »
Monday, 13 May 2013 10:48
HARARE - The Reserve Bank of Zimbabwe (RBZ) says AfrAsia Kingdom Zimbabwe Limited (AKZL)’s banking unit Kingdom Bank Limited (Kingdom) is in a “sound financial position to continue normal business”. This comes on the back of media reports that Kingdom is...Read More
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Business »
Wednesday, 01 May 2013 14:33
HARARE - AfrAsia Kingdom Zimbabwe Limited (AKZL) is retrenching part of its staff under a “voluntary separation exercise”, businessdaily has established. The financial services group recently said it was restructuring or streamlining operations as part of strategies to contain costs and...Read More
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Business »
Monday, 22 April 2013 10:18
HARARE - A restructuring exercise looms at AfrAsia Kingdom Zimbabwe Limited (AKZL) as the financial services group plans to streamline operations to improve efficiency and contain costs. Sekai Chitemerere, AKZL’s communications head, told businessdaily that the group was “reviewing its business...Read More
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Business »
Tuesday, 02 April 2013 11:54
HARARE - Kingdom Bank Limited (KBL)’s managing director Francois Molife has resigned. His resignation is with effect from March 15, 2013. AfrAsia Kingdom Zimbabwe Limited (AKZL) — KBL’s parent company — said Molife left the group’s flagship subsidiary to pursue personal...Read More
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Business »
Thursday, 14 March 2013 11:11
HARARE - Afrasia Kingdom Zimbabwe Limited (AfrAsia) registered a $3,3 million profit after tax in the full year to December 31, 2012, compared to $0,8 million recorded in prior comparable period. The diversified financial services group’s performance come on the back...Read More
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Business »
Thursday, 07 February 2013 09:49
HARARE - AfrAsia Kingdom Zimbabwe Limited (AKZL) — formerly Kingdom Financial Holdings Limited — has restructured its board. The exercise follows the acquisition of a 35 percent stake in the diversified financial services group by Mauritius-based AfrAsia Bank Limited in a...Read More
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News »
Thursday, 31 January 2013 10:21
HARARE - A Harare man who allegedly bought luxury phones, beer and food using fake First Bank Corporation (FBC) and Kingdom Bank master cards has appeared in court. The court heard that Samson Marufu, 29, went on a shopping spree buying...Read More
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Business »
Wednesday, 16 January 2013 12:12
HARARE - Kingdom Bank Limited (Kingdom) has secured a bond through a High Court order to acquire assets belonging to troubled telecommunications company, Valley Technologies (Valley Tech), over a $20 million debt. Valley Tech is a subsidiary of Zach Wazara’s Spiritage...Read More
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Business »
Wednesday, 28 November 2012 09:15
HARARE - ZIMBABWE’S policy to control interest rates and bank charges will result in increased financial exclusion as most banks will snub smaller depositors, said Kingdom Bank Limited (Kingdom) — a major player in the country’s financial sector. A fortnight ago,...Read More
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Business »
Wednesday, 10 October 2012 11:30
HARARE - AfrAsia Kingdom Zimbabwe Limited (AKZL) chief executive Lynn Mukonoweshuro has been awarded the inaugural Most Customer Focused Executive (Private Sector Category) by the Contact Centre Association of Zimbabwe (CCAZ). The prestigious award was presented to Mukonoweshuro at the Zimbabwe...Read More
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Business »
Thursday, 13 September 2012 13:00
By Kudzai Chawafambira, Business Writer HARARE - A Harare City Council (HCC) employee, Grace Maravanyika yesterday got a huge surprise when she was handed over a grand prize of a Chevrolet Spark from Kingdom Bank’s ‘‘Win Big with Smart Money’’ promotion...Read More
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