Articles tagged 'steward bank'

Steward Bank in massive profit growth 13 November 2018 HARARE - Steward Bank achieved a 123 percent growth in profits to $19 million during the six months ended August 31, 2018 compared to $8,5 million same period prior year. Bernard Chidzero, the bank's chairperson, said the double digit growth, which was recorded despite an extreme challenging e...
Steward Bank launches Cholera Crisis Fund 21 September 2018 HARARE - Steward Bank yesterday launched a National Cholera Crisis Fund targeted at raising $2 million to contain the cholera outbreak. Speaking at the launch yesterday, the bank's CEO Lance Mambondiani, said Steward Bank, Econet Wireless and Higher Life Foundation have partnered to raise fund...
Steward Bank in $100m healthcare fund 20 August 2018 HARARE - Steward Bank has launched a multi-million dollar healthcare fund to facilitate the recapitalisation and mordenisation of commercial healthcare facilities in Zimbabwe. In a statement, the banking subsidiary of telecoms giant Econet Wireless, unveiled the $100 million fund, which is exp...
WorldRemit guarantees cash-pick up in Zim 28 November 2017 HARARE - WorldRemit, a leading online money transfer company, is guaranteeing its customers United States dollars in cash for collection at Steward Bank branches across Zimbabwe. The international money transfer firm has been operating in Zimbabwe since 2010, and is taking the unprecedented st...
Steward Bank records maiden profit 2 June 2016 HARARE - Econet Wireless Zimbabwe subsidiary Steward Bank (Steward) has made its first profit since the telecommunications giant acquired the financial services provider in 2012. Steward said it made a profit after tax of $5,4 million in the full year to February 2016 compared to a loss of $8,...
Steward partners Total Zim 26 April 2016 HARARE - Steward Bank (Steward) — a subsidiary of Econet Wireless Zimbabwe — has partnered with fuel retailer, Total Zimbabwe (Total), in a move aimed at making agent banking services easily accessible to everybody in the country. Unveiling the joint venture, Steward Bank chief executive offic...
Is this about Steward Bank? 30 March 2015 HARARE - Apart from the fact that the matter is still before the courts, and therefore sub judice, I also don't know enough about the case in which Steward Bank successfully applied to the courts last week to be granted authority to search and seize documents from online business news agency, The...
Raid on newsroom justified: Nyambirai 28 March 2015 HARARE - The legal counsel for Econet Wireless' banking subsidiary Steward Bank, Tawanda Nyambirai, says Thursday's raid on online news agency, The Source, was justified. Nyambirai, together with Steward Bank's acting chief executive officer, Lance Mambondiani, addressed a chaotic Press confer...
Lifetime opportunity Champions League fans 26 March 2015 HARARE - Steward Bank’s Uefa Champions League’s Spend and Win promotion is expected to set the country alight with great expectations as four lucky winners will in June have an opportunity to watch the final live in Berlin. This comes as the bank -an Econet Wireless subsidiary-on Wednesday off...
Steward Bank wins labour case 24 March 2015 HARARE - Steward Bank has won a labour dispute against 11 of its workers, who were seeking a court order barring the financial institution from withholding their salaries and benefits pending retrenchment. Nisbert Denga and 10 others, who were represented by Selby Hwacha, had filed a Labour Co...
Steward introduces agent banking 27 November 2014 HARARE - Steward Bank (Steward) — a subsidiary of telecoms group Econet Wireless Zimbabwe — has introduced “agent banking”, a concept that allows non-financial businesses to carry out transactions on its behalf. The initiative, Steward Bank's head of segments Ben Muchina said, “will bring bank...
Econet partners MasterCard in mobile money transfer 31 July 2014 HARARE - Zimbabwe's largest wireless network operator,  Econet has unveiled an international debit card linked to its mobile money transfer facility, Ecocash, in partnership with MasterCard. The move is part of the telecommunications group's escalated efforts to increase financial inclusion th...
Mandela's daughter leaves Steward Bank 12 May 2014 HARARE - Makaziwe Mandela, the eldest daughter of late South Africa's first black president Nelson Mandela, has resigned from Steward Bank's board. She was nominated to sit on the board in July 2012 after Strive Masiyiwa's Econet Wireless Zimbabwe acquired a majority stake in the bank, form...
Steward Bank retrenches 23 April 2014 HARARE - Econet Wireless Zimbabwe (Econet)'s retail banking subsidiary Steward Bank is retrenching as part of efforts to streamline costs and operations, businessdaily has established. According to sources, the bank will shed 127 workers. It has already served them with retrenchment notices...
Steward Bank in branch closure 7 January 2014 HARARE - Steward Bank (Steward) is closing some of its outlets under a “branch consolidation exercise”. The financial institution — currently with 20 branches — has already shut four units and one more this January but could not project how many more would be closed. It said it is in talks ...
Steward the largest bank: Econet 1 November 2013 HARARE - Ecopnet Wireless Zimbabwe (Econet) says its banking subsidiary Steward Bank (Steward) is now the largest bank in the country in terms of account holders with over 500 000 subscribers registered on its EcoCashSave platform. This comes as EcoCashSave — an interest bearing mobile-based s...
Steward Bank restructures 4 July 2013 HARARE Newly-branded Steward Bank, formerly TN Bank, says it has rationalised its operations as part of efforts to contain costs and boost operational efficiencies. In the past few months we have undergone a significant rationalisation of our human resources capabilities. A new highly experienced...