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Ecobank Zimbabwe
Ecobank Zimbabwe Limited (EZL), is a commercial bank in Zimbabwe. It is one of the commercial banks licensed by the Reserve Bank of Zimbabwe and a subsidiary of Togo-based Ecobank. Ecobank Zimbabwe is a small financial services provider in Zimbabwe, serving large corporate clients, upscale retail customers and medium to large business enterprises. The company’s services include personal banking, business banking, global banking and agricultural finance. , the bank's shareholders' equity was estimated at US$42.8 million, and total assets were valued at US$120.2 million. History The bank was established in 2002 as ''Premier Finance Group'', a merchant bank. In January 2011, Ecobank Transnational acquired majority shareholding in Premier Finance Group, at a price of US$10 million. Following the change in ownership, the institution rebranded to Ecobank Zimbabwe in May 2011. It also requested and was granted permission to change its merchant banking license to a commercial bankin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Uganda
Ecobank Uganda is a bank in Uganda that operates as a commercial bank under a license granted by the Bank of Uganda, the central bank and national banking regulator. Location The headquarters of Ecobank Uganda are located at Plot 8A, Kafu Road, in the Central Division of Kampala, the capital and largest city of Uganda. The coordinates of the bank's headquarters are 0°18'47.0"N, 32°35'06.0"E (Latitude:0.32662; Longitude:32.58310). Overview The bank began operations in Uganda on 19 January 2009 as a full-service bank. It provides wholesale, retail, investment, and transaction banking services and products to governments, financial institutions, multinationals, international organizations, businesses, and individuals. As of 31 December 2014, the bank's total assets were UGX:278.8 billion, with shareholders' equity of UGX:46.9 billion. Ownership Ecobank Uganda is a subsidiary of Ecobank Transnational, a banking conglomerate headquartered in Lome, Togo. Board of directors The ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Nigeria
Ecobank Nigeria Limited, commonly referred to as Ecobank Nigeria, is a commercial bank in Nigeria. It is one of the commercial banks licensed by the Central Bank of Nigeria, the national banking regulator. Overview The bank began operations in 1989. It operates as a universal bank, providing wholesale, retail, corporate, investment and transaction banking services to its customers in the Nigerian market. The bank divides its operations into three major divisions: (a) Retail Banking, (b) Wholesale Banking and (c) Treasury & Financial Institutions. The bank also offers capital markets and investment banking services. During the fourth quarter of 2011, Ecobank Nigeria through its parent company Ecobank Transnational Inc. ( ETI) acquired 100% of the shareholding in Oceanic Bank, creating the expanded Ecobank Nigeria Limited. , the expanded Ecobank Nigeria controlled total assets valued at approximately US$8.1 billion (NGN:1.32 trillion), making it one of the five largest banks in Nige ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ecobank Ghana
Ecobank Ghana is a commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator. Overview EBG is a member of the Pan-African Ecobank chain which operates in thirty two (32) countries. The stock of Ecobank Ghana is listed on the Ghana Stock Exchange, where its shares are traded under the symbol EGH. The bank is a fully networked commercial bank in Ghana with branches (total of 77 as of December 2016) in almost all regions of the nation. History The bank was formed in 1990. In December 2011, Bank of Ghana, the central bank of the country, which also functions as the national banking regulator, gave approval for Ecobank Transnational to acquire 100% interest in The Trust Bank (TTB), another licensed commercial bank. At the time, the total asset valuation of TTB was approximately US$119 million (GH¢ 220 million). Ecobank has successfully merged TTB and EBG. The new bank is known as Ecobank Ghana Limited. Awards CIMG Elit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Msasa
''Brachystegia spiciformis'', commonly known as zebrawood, or msasa, is a medium-sized African tree having compound leaves and racemes of small fragrant green flowers. The tree is broad and has a distinctive amber and wine red colour when the young leaves sprout during spring (August–September). It grows in savanna, both open woodland and closed woodland of Southern and Eastern Africa, mostly Tanzania, Zambia, Zimbabwe, Malawi and Mozambique. The word msasa is commonly used as a proper name in African place names. The word also means 'rough plant' in Swahili. Other common names: mundu, myombo, mtondo (Tanzania), muputu (Zambia). The plant is known in the Venda language as mutsiwa, which means 'the one that is left behind'. An outlying population of ''Brachystegia'' has recently been discovered in the Soutpansberg mountains of northern South Africa. This tree is a protected species in South Africa. Distribution The msasa is a tropical tree and grows best in open woodland where ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutare
Mutare (formerly Umtali) is the most populous city in the province of Manicaland, and the third most populous city in Zimbabwe, having surpassed Gweru in the 2012 census, with an urban area, urban population of 224,802 and approximately 260,567 in the surrounding districts giving the wider metropolitan area a total population of over 500,000 people.http://www.zimstat.co.zw/wp-content/uploads/publications/Population/population/census-2012-national-report.pdf Mutare is also the capital of Manicaland province and the largest city in Eastern Zimbabwe. Located near the border with Mozambique, Mutare has long been a centre of trade and a key terminus en route to the port of Beira (in Beira, Mozambique). Mutare is hub for trade with railway links, pipeline transport and highways linking the coast with Harare and the interior. Other traditional industries include timber, papermaking, commerce, food processing, telecommunications, and transportation. In addition the city serves as a gat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chitungwiza
Chitungwiza is an urban centre and town of Harare Province in Zimbabwe. History As of the 2022 census, Chitungwiza had a population of 371,244. There are two main highways which connect the city to Harare namely Seke road and Chitungwiza road. The Chitungwiza Aquatic Complex, built in 1995 for the All Africa Games, is no longer functional, and serves as a music and church venue. Informal settlements Following the civil war, people moved to urban areas. Chitungwiza grew rapidly and the squatted area of Chirambahuyo alone had a population of 30,000 in 1979. Chirambahuyo was demolished by the authorities in 1982 and the inhabitants squatted elsewhere in the city in areas such as Mayambara. Areas in Chitungwiza were destroyed by Operation Murambatsvina in 2005. By the mid-2010s, the number of people squatting in informal settlements was growing. In 2020, the local authorities abandoned their plans to demolish squatter homes in Nyatsime, Seke, St Mary’s and Zengeza, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mbare
Mbare is a suburb in the south of Harare, Zimbabwe. Founded in 1907 as a township, it includes an informal settlement. Mbare Musika is the largest farm produce market in Zimbabwe. History Mbare was the first township, now known as a high density area, established in 1907. It was originally called Harari and much of it was constructed after 1950. Before the 1980s the government built the Matapi flats. A total of fourteen blocks of apartments were built to house bachelors who came to Harare (then Salisbury) to find employment. Since the 1980s the apartments have become multifamily, with the rooms divided by curtains or boxes. The population of the flats has grown from 3,000 to an estimated 28,000 to 30,000. For Independence Day in 1980 Bob Marley was personally invited by Edgar Tekere, and played a concert in Rufaro Stadium. In 2001, over 500,000 people were displaced from their Mbare homes when the council demolished 145,000 homes they declared were illegal. Significant porti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chiredzi
Chiredzi is a town in Masvingo province in south-east Zimbabwe. It is located near the Runde River, which has a tributary called the ' Chiredzi'. As the administrative center for Chiredzi District, it is where both the rural and district councils are based. Infrastructure * Chiredzi is served by a small international airport at Buffalo Range called "Buffalo Range Airport," or "BFO." * The non-profit organization, Elias Fund, has its Zimbabwean base of operations in Chiredzi. The Mashoko / Hippo Valley Christian Mission also had headquarters in Chiredzi, from which it oversees two orphanages and a number of schools and churches throughout the province. * The Hippo Valley Estates is located here, with its A-school and private school, that is Hippo Valley Primary school. South Eastern College is also located in Chiredzi, and serves as the only A-rated private high school in the area. * Hippo Valley Hospital is one of a number of centers for the treatment of HIV or AIDS in the pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bulawayo
Bulawayo (, ; Ndebele: ''Bulawayo'') is the second largest city in Zimbabwe, and the largest city in the country's Matabeleland region. The city's population is disputed; the 2022 census listed it at 665,940, while the Bulawayo City Council claimed it to be about 1.2 million. Bulawayo covers an area of about in the western part of the country, along the Matsheumhlope River. Along with the capital Harare, Bulawayo is one of two cities in Zimbabwe that is also a province. Bulawayo was founded by a group led by Gundwane Ndiweni around 1840 as the kraal of Mzilikazi, the Ndebele king and was known as Gibixhegu. His son, Lobengula, succeeded him in the 1860s, and changed the name to kobulawayo and ruled from Bulawayo until 1893, when the settlement was captured by British South Africa Company soldiers during the First Matabele War. That year, the first white settlers arrived and rebuilt the town. The town was besieged by Ndebele warriors during the Second Matabele War. Bulawayo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
