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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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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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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, 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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