Kingdom Bank

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…
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HARARE - The Depositor Protection Corporation (DPC) has so far disbursed over $1,4 million to AfrAsia Bank (AfrAsia) — formerly Kingdom Bank — depositors, with about $2 million still outstanding, businessdaily has established.
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BOTSWANA’S central bank yesterday announced it had shut down businessman Nigel Chanakira’s Kingdom Bank Africa Limited (KBAL) on insolvency grounds.
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HARARE - The Reserve Bank of Zimbabwe on Tuesday cancelled AfrAsia Bank Zimbabwe Limited (formerly Kingdom Bank)’s licence after it failed to meet minimum capital requirements, becoming the second bank to fold since the beginning of the…
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HARARE - Kingdom Bank Africa Limited (KBAL) owned by prominent businessman Nigel Chanakira has been placed under curatorship in Botswana.
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BULAWAYO - Hard times have befallen AfrAsia Bank Bulawayo branch as clients can only access a paltry $50 daily. This comes as the bank, recently re-branded from Kingdom Bank following a 62,5 percent share takeover by AfrAsia Bank Mauritius…
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AFRASIA Bank has failed to beat the deadline to settle the $12,5 million for shares held through banker Mr Nigel Chanakira’s Crustmoon which would have concluded the long running divorce of the two parties. The deadline for the separation…
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