Articles tagged 'nigel chanakira'

All set for 'Call To Worship' 10th anniversary festival 8 September 2018 HARARE - Interdenominational gospel music group and renowned praise and worship ensemble Call To Worship kicked off its upcoming 10th anniversary gathering with a well-attended leaders breakfast in Harare this week. The group, which has held annual praise and worship events over the past nine ...
Chanakira vies for Harare town clerk job 11 October 2017 HARARE - Nigel Chanakira headlines a stellar cast of top names vying for the coveted Harare town clerk Job. The Daily News can report that Chanakira, founder of the now defunct Kingdom bank and current chairperson of the Zimbabwe Investment Authority board, is one of the nine finalists who wer...
More reforms needed: Chanakira 1 November 2016 HARARE - Zimbabwe needs to introduce comprehensive reforms to meet its $5,5 billion ZimAsset annual investment target, after investment traffic tumbled 70 percent in the period to July on the back of policy uncertainty, a Zimbabwe Investment Authority (Zia) official said. Zia chairman, Nigel C...
Chanakira's Botswana assets face auction 19 February 2016 HARARE - Businessman Nigel Chanakira's Kingdom Bank Africa Limited (KBAL) assets are set to go under the hammer in Botswana, in a move described by analysts as a final nail to the entrepreneur's crumbling empire. KBAL, which had no resident depositors based in Botswana, was in May last year pl...
More woes for Chanakira 18 February 2015 HARARE - Kingdom Bank Africa Limited (KBAL) owned by prominent businessman Nigel Chanakira has been placed under curatorship in Botswana. The offshore outfit is said to be teetering on the brink of collapse according to media reports from the country, a position that has resulted in the Bank o...
'Smear target group wider' 23 November 2014 HARARE - Motoring tycoon Raymond Kaukonde is not the only businessman on the radar of a Zanu PF faction claiming Vice President Joice Mujuru was receiving cash and support from industrialists to unseat President Robert Mugabe.
Britons plan $100m Zim investment 31 October 2014 HARARE - The Zimbabwe Investment Authority (Zia) says some British investors are keen on investing $100 million in the country’s energy sector. Nigel Chanakira, the Authority’s chairman, said the investors have enquired with Zia about the investment — an engagement he said was “the first of it...
Zim FDI stagnant 26 June 2014 HARARE - Zimbabwe’s foreign direct investment inflows remain stagnant, with the country receiving $400 million in 2013, unchanged from 2012, the latest United Nations Conference on Trade and Development (Unctad) report says. According to the report, released this week, the $400 million represe...
'MDC chaos spooks investors' 4 May 2014 HARARE - Veteran banker Nigel Chanakira says the leadership confusion in opposition party Movement for Democratic Change (MDC) will dampen investor confidence. The Zimbabwe Investment Authority chairman, who is also founder of Kingdom Financial Holdings Limited – now AfraAsia Zimbabwe Holdings...
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 pays Chanakira $12m 21 October 2013 HARARE - Mauritius-based AfrAsia Bank Limited (AfrAsia) will pay prominent banker Nigel Chanakira $12 million following the disposal of his 30 percent stake in financial group AfrAsia Kingdom Zimbabwe Limited (AKZL). The transaction awaits shareholders' approval at an extraordinary general mee...
AfrAsia to inject $100m into Kingdom 30 September 2013 HARARE - Mauritius-based AfrAsia Holdings Limited (AfrAsia) plans to inject over $100 million into its Zimbabwean subsidiary to help ease liquidity challenges in the country. This comes as the financial group recently increased its interest in AfrAsia Kingdom Zimbabwe Limited (AKZL) to 54 perc...
AfrAsia upbeat about Zim 9 September 2013 HARARE - Mauritius-based financial group, AfrAsia Bank Limited (ABL), says it is keen on pursuing further investments in Zimbabwe. This comes as the institution upped its stake in AfrAsia Kingdom Zimbabwe Limited (AKZL) — formerly Kingdom Financial Holdings Limited — after acquiring founding d...
Chanakira exits Kingdom 7 September 2013 HARARE - Prominent banker and entrepreneur Nigel Chanakira has sold his 30 percent stake in AfrAsia Kingdom Zimbabwe Limited (AKZL) to Mauritius-based AfrAsia Bank Limited (AfrAsia) in an equity swap deal. As part of the deal, AKZL will in turn sell its remaining interest in the Botswana-based...
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...
Chanakira to grace men's conference 12 October 2012 HARARE - Men from various Christian backgrounds are converging in Marondera for a conference hosted by Church of Christ Harare Region. The men s national conference commenced yesterday, October 11 and runs until October 14 at Karimazondo, Mhukahuru Lodges near Marondera. It has a stellar line up ...