Business »
Monday, 15 April 2013 11:31
HARARE - Ambitious financial institution NMBZ Holdings is seeking offshore credit lines from international financiers to bolster its chances of meeting the $100 million minimum capital requirements. “Due to the indigenisation regulations, we can no longer have more investors coming in...Read More
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Business »
Friday, 01 February 2013 13:24
HARARE - NMBZ Holdings Limited (NMBZ) says three foreign investors have agreed to inject $14,8 million into the group in return for a 27 percent stake. The three strategic investors are AfricInvest Capital Partners (AfricInvest), FMO — a Dutch development bank...Read More
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Business »
Tuesday, 29 January 2013 10:47
HARARE - NMB Holdings Zimbabwe Limited (NMBZ) plans to raise $14,8 million fresh capital to ensure compliance of its banking unit NMB Bank Limited (NMB Bank) with the Reserve Bank of Zimbabwe (RBZ)’s new minimum capital requirements. The funds will be...Read More
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News »
Wednesday, 23 January 2013 10:04
HARARE - Tendayi Mundawarara, the NMB Bank chairperson and nephew of the late Solomon Mujuru, is a free man after the State has dropped charges against him for allegedly swindling a Dubai jewellery company of $430 000. The young businessman had...Read More
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Business »
Monday, 03 September 2012 14:11
HARARE - NMBZ Holdings (NMBZ) and its subsidiary NMB Bank Limited (NMB Bank) said they raked in a total $3,7 million from the disposal of an investment property and shares in associate companies during the half year to June 30, 2012....Read More
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