Articles tagged 'kingdom bank'

Board shake-up looms at AfrAsia 6 December 2013 HARARE - A board shake-up — including the resignation of chairperson Sibusisiwe Bango — looms at AfrAsia Kingdom Zimbabwe Limited (AKZL) following Nigel Chanakira’s exit and subsequent increase in shareholding by Mauritius-based AfrAsia Bank Limited (AfrAsia) in the group. Chanakira, the found...
AfrAsia approves Chanakira exit package 2 December 2013 HARARE - AfrAsia Kingdom Zimbabwe Limited (AKZL) shareholders have approved Nigel Chanakira’s $12,5 million exit package. In September, Chanakira ? a prominent banker and founder of Kingdom Financial Holdings Limited, now AKZL — disposed of his 30 percent stake in the financial group, indirect...
AfrAsia Kingdom to rebrand 8 November 2013 HARARE - Financial services group AfrAsia Kingdom Zimbabwe Limited (AKZL) is seeking shareholder approval to rebrand to AfrAsia Zimbabwe Holdings Limited (AfrAsia) following the departure of its founder Nigel Chanakira. Daniel Makono, AKZL's company secretary said the firm will seek the greenl...
AfrAsia to up AKZL stake? 13 May 2013 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 financial group. This co...
Kingdom Bank sound — Gono 13 May 2013 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 on the brink of collapse as a result of a $...
Kingdom Bank MD resigns 2 April 2013 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 interests. Sylvester Dendere, ...