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FBC Bank
FBC Bank , whose full name is FBC Bank Limited, is a commercial in Zimbabwe. It is licensed by the Reserve Bank of Zimbabwe, the central bank and national banking regulator. Location The main branch and headquarters of the bank are located on the 6th Floor of the FBC Centre, at 45 Nelson Mandela Avenue, in Harare, the capital and largest city of Zimbabwe. The geographical coordinates of this bank's headquarters are: 17°49'46.7"S, 31°02'46.7"E (Latitude:-17.829639; Longitude:31.046306). Overview , FBC Bank was a medium-sized banking institution, whose total asset valuation was US$558.1 million, and shareholder's equity of US$77.9 million. The bank is very active in the digital and mobile banking arena. This has become very pertinent in the current environment, where the country has adopted a multi-currency system; using the South African Rand, the US dollar, Euro and others. FBC Bank is a 100% subsidiary of ''First Banking Corporation Holdings Limited'', commonly known as '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belvedere, Harare
Belvedere is a suburb of Harare, the capital city and the largest metropolitan area of Zimbabwe. Though historically home to a notable Indian population since 2012 Belvedere has become known for its growing Chinese population, due to the construction of Longcheng Plaza. The area is found to the west of the central Harare by the suburbs of Ridgeview, Monovale and Warren Park. It is noted for a new Chinatown that exists around the Longcheng area. This new Chinatown is now considered as the main Chinatown in Harare, replacing a nascent area in the CBD. Location Belvedere lies to the west of Harare's central business district and connects the center of the city to the more western suburbs of Warren Park and Mbare, where the National Sports Stadium is located. The travel distance from downtown Harare to Belvedere is approximately by road. The coordinates of Belvedere, Harare are:17 49 39S, 31 00 43E (Latitude:-17.8275; Longitude:31.0120). Overview There is a sizeable Asian commun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1997
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Zimbabwe
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Zimbabwe
The economy of Zimbabwe mainly relies on the tertiary sector of the economy, also known as the service sector of the economy, which makes up to 60% of total GDP as of 2017. Zimbabwe has the second biggest Informal economy in the world as a percentage of its economy, with a score of 60.6%.https://www.herald.co.zw/zim-has-worlds-second-largest-informal-economy-imf/ /ref> Agriculture and mining largely contribute to exports. After continuous negative growth between 1999 and 2008, the economy of Zimbabwe grew at a meteoric annual rate of 34% from 2008 to 2013, rendering it the fastest-growing economy in the world. Its economy then stagnated again through 2020, before seeing another extremely sharp increase (45%) in the most recent year. The country has reserves of metallurgical-grade Chromite. Other commercial mineral deposits include Coal, asbestos, copper, nickel, gold, platinum and Iron ore. Current economic conditions In 2000, Zimbabwe planned a land redistribution act to co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Zimbabwe
This is a list of "Operating Banking Institutions" in Zimbabwe. # Agricultural Development Bank of Zimbabwe # BancABC Zimbabwe # CABS # CBZ Bank Limited # First Capital Bank Limited # Ecobank Zimbabwe Limited # FBC Bank Limited # Nedbank Zimbabwe Limited # Metbank # NMB Bank Limited # Stanbic Bank Zimbabwe Limited # Standard Chartered Bank Zimbabwe Limited # Steward Bank # ZB Bank Limited # Tetrad Investment Bank Limited # FBC Building Society # National Building Society # ZB Building Society # People's Own Savings Bank # Infrastructure Development Bank of Zimbabwe # Small and Medium Enterprises Development Corporation. # Time Bank See also *Economy of Zimbabwe *List of banks in Africa *Reserve Bank of Zimbabwe References External linksZimbabwe Banking Banking Sector Profits Double {{Economy of Zimbabw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoria Falls
Victoria Falls ( Lozi: ''Mosi-oa-Tunya'', "The Smoke That Thunders"; Tonga: ''Shungu Namutitima'', "Boiling Water") is a waterfall on the Zambezi River in southern Africa, which provides habitat for several unique species of plants and animals. It is located on the border between Zambia and Zimbabwe and is one of the world's largest waterfalls, with a width of . Archeological sites and oral history describe a long record of African knowledge of the site. Though known to some European geographers before the 19th century, Scottish missionary David Livingstone identified the falls in 1855, providing the English colonial name of Victoria Falls after Queen Victoria. Since the mid 20th century, the site has been an increasingly important source of tourism. Zambia and Zimbabwe both have national parks and tourism infrastructure at the site. Research in the late 2010s found that climate change caused precipitation variability is likely to change the character of the fall. Name orig ... [...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] |
Beitbridge
Beitbridge is a border town in the province of Matabeleland South, Zimbabwe. The name also refers to the border post and bridge spanning the Limpopo River, which forms the political border between South Africa and Zimbabwe. The border on the South African side of the river is also named Beitbridge. Background The town lies just north of the Limpopo River about 1 km from the Alfred Beit Road Bridge which spans the Limpopo between South Africa and Zimbabwe. The main roads are the A6 highway to Bulawayo and the Victoria Falls, being and away respectively and the A4 to Masvingo and Harare. According to the 2012 population census, the town had a population of 41,767 dominated by the Venda and Ndebele people . There is a sizable percentage of Shona people from other provinces this is a busy border post with traders from all over Zimbabwe. The Beitbridge border post is the busiest road border post in Southern Africa, and is best avoided during busy border-crossing seasons. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kwekwe
Kwekwe ( ), known until 1983 as Que Que, is a city in the Midlands province of central Zimbabwe. The city has a population of 119,863 within the city limits, as of the 2022 census, making it the 7th-largest city in Zimbabwe and the second-most populous city in the Midlands, behind Gweru. Location It is located in Kwekwe District, in the Midlands, in the center of the country, roughly equidistant from Harare to the northeast and Bulawayo to the southwest. It has witnessed robust population growth since the 1980s, growing from 47,607 in 1982, 75,425 in 1992 and the preliminary result of the 2002 census suggests a population of 88,000. In 2012, the city's population was estimated at 100,900 people. It is a centre for steel and fertiliser production in the country. Kwekwe and neighbouring Redcliff are the headquarters of Zimbabwe Iron and Steel Company (ZISCO), the country's largest steelworks. It also hosts the Zimbabwe Iron and Smelting Company (ZIMASCO), the largest ferrochrom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zvishavane
Zvishavane (known until 1982 as Shabani) is a mining town in Midlands Province, Zimbabwe. Surrounded by low hills, it lies west of Masvingo, on the main Bulawayo-Masvingo road. Other roads lead from Zvishavane to Gweru, north, and Mberengwa, south-west. It is also on direct rail links to Gweru and Beit Bridge which then link up with Harare and Bulawayo in Zimbabwe and to Maputo in Mozambique, and Pretoria in South Africa. It has a private airport serving the city. Name Zvishavane was formerly called ''Shabanie'' (used by the mine) or ''Shabani'' (used for the town). The name "Shabanie" has been said to be derived from "shavani", a Ndebele word meaning "finger millet", or "trading together". Zvishavane is a Shona name, which is said to be derived from "zvikomo zvishava", which means "red hills". The name means "reddish or 'reddened' hills", referring to the many surrounding low hills that are characterised by red soil. Zvishavane derives its name from its sister town Masha ... [...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] |
