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Econet, banks feud sucks in Steward Bank

The ugly fight between banks and Econet Zimbabwe, the country’s largest telecoms company, has sucked in its subsidiary Steward Bank, amid revelations other banks have refused the bank entry onto the popular ZimSwitch platform, which is…
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Temba Mliswa in trouble over debt

Temba Mliswa, the controversial empowerment lobbyist and Zanu PF Member of Parliament-elect for Hurungwe West constituency risks losing his valuable property after a local financial institution petitioned the High Court seeking to attach…
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Econet rebrands its Zimbabwean bank

HARARE — Strive Masiyiwa, a Zimbabwean businessman, is consolidating his interests in the banking sector after his telecommunications company, Econet Wireless, invested $75.1m in a Zimbabwean commercial bank, of which it now has control.
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