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Steward Bank
Steward Bank, whose official name is Steward Bank Limited, is a commercial bank in Zimbabwe. It is one of the regulated banking institutions licensed by the Reserve Bank of Zimbabwe, the central bank and national banking regulator. Location The headquarters and main branch of Steward Bank are located at 79 Livingstone Avenue, in Harare, the capital and largest city of Zimbabwe. The geographical coordinates of the bank's headquarters are: 17°49'38.0"S, 31°03'11.0"E (Latitude:-17.827222; Longitude:31.053056). Overview The bank is a medium-sized retail bank in Zimbabwe. , the total asset valuation of the bank was US$226,058,440, with shareholders' equity of US$75,046,584. In November 2013, the shareholders' equity was valued at US$76.9 million, making it one of the top five capitalized banks in the country. History The bank was established in 2013, as a commercial bank. Prior to that, the company had existed as a ''finance house'' since 1999. In 2006, the bank, executed a merger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2009
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 anc ... [...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] |
Masvingo
Masvingo is a city in south-eastern Zimbabwe and the capital of Masvingo Province. The city is situated close to Great Zimbabwe, the national monument from which the country takes its name and close to Lake Mutirikwi, its recreational park, the Kyle dam and the Kyle National Reserve where there are many different animal species. It is mostly populated by the Karanga people who form the biggest branch of the various Shona tribes in Zimbabwe. History The city was known as Fort Victoria until 1982, when its name was briefly changed to Nyanda, after a mountain about 10 kilometres south of the town, on the Masvingo to Beitbridge Road. That led to protests, because "nyanda" means "one who has lice", and public sentiment was that Masvingo would be more reflective of the history of the city. Within a few months, the name was changed to Masvingo, which means "fort" in Shona, and the Great Zimbabwe, which is essentially a walled fort, is often referred to as "Masvingo eZimbabwe" or som ... [...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] |
Gweru
Gweru is a city in central Zimbabwe. Near the geographical centre of the country. It is on the centre of Midlands Province. Originally an area known to the Northern Ndebele people, Ndebele as "The Steep Place" because of the Gweru River's high Bank (geography), banks, in 1894 it became the site of a military outpost established by Leander Starr Jameson. In 1914 it attained Municipality, municipal status, and in 1971 it became a city. The city has a population of 158,200 as of the 2022 census. Gweru is known for farming activities in beef cattle, crop farming, and commercial gardening of crops for the export market. It is also home to a number of colleges and universities, most prominently Midlands State University and Mkoba Teachers College. The city was nicknamed City of Progress. History Gweru used to be named Gwelo. Matabele settlement was named iKwelo (“The Steep Place”), after the river’s high banks. The modern town, founded in 1894 as a military outpost, develop ... [...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] |
Joina City
Joina City is the 3rd tallest building in Zimbabwe standing at 105 metres (behind the Rerseve Bank of Zimbabwe (120m) and NRZ Headquarters (110m). It is owned bMasawara Investments The building has the single largest lift and escalator installation in Zimbabwe. Construction started in 1998 but was halted due economic crisis that was plaguing Zimbabwe. then resumed and completed in 2010 The Building has 3 basement parking floors, 2 Open Shopping Mall namely Lower Ground (UG) and Upper Ground (UG) and 19 Commercial Floors. References {{coord missing, Zimbabwe Buildings and structures in Zimbabwe Harare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avondale, Harare
Avondale is a residential suburb in north and northwest Harare, Zimbabwe, located about north of Harare city centre and just west of Mount Pleasant. It is the earliest suburb established in Harare, having been laid out in 1903. Prior to becoming a suburb Avondale was a dairy farm and was named after Avondale, County Wicklow, Ireland the home of the 19th-century Irish politician Charles Stewart Parnell. Avondale was incorporated into Harare Municipality in 1934. Location The neighbourhood's western border is an extension known as Avondale West that forms part of the Harare's northwest suburbs. Avondale is bordered to its north by Emerald Hill and Mount Pleasant . Its southern border along Lomagundi Road, beyond which lies the Greencroft and Avonlea neighborhoods to the west while to the southwest of the neighborhood lies Mabelreign. History Avondale is one of Harare's oldest suburbs, formally laid out in 1903, just over a decade after the city itself. Before its incorporati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
