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FBC Bank
FBC Bank, whose full name is FBC Bank Limited, is a commercial bank 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 city, 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'', com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgravia
Belgravia () is a district in Central London, covering parts of the areas of the City of Westminster and the Royal Borough of Kensington and Chelsea. Belgravia was known as the 'Five Fields' during the Tudor Period, and became a dangerous place due to highwaymen and robberies. It was developed in the early 19th century by Richard Grosvenor, 2nd Marquess of Westminster under the direction of Thomas Cubitt, focusing on numerous grand terraces centred on Belgrave Square and Eaton Square. Much of Belgravia, known as the Grosvenor Estate, is still owned by a family property company, the Duke of Westminster's Grosvenor Group, although owing to the Leasehold Reform Act 1967, the estate has been forced to sell many freeholds to its former tenants. The part of Belgravia that lies in the City of Westminster is a district of Westminster. Geography Belgravia is near the former course of the River Westbourne, a tributary of the River Thames. The area is mostly in the City of Wes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Harare
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1997
A bank is a financial institution that accepts Deposit account, 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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 accounting liquidity, 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 o ... [...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. As 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 ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Zimbabwe
The economy of Zimbabwe is a gold standard based economy. Zimbabwe has a $44 billion dollar informal economy in PPP terms which translates to 64.1% of the total economy. Agriculture and mining largely contribute to exports. The economy is estimated to be at $73 billion at the end of 2023. The country has reserves of metallurgical-grade chromite. Other commercial mineral deposits include coal, diamonds, lithium, asbestos, copper, nickel, gold, platinum and iron ore. After winning its independence from the United Kingdom in 1980, Zimbabwe has had a tumultuous economy, going from Africa's breadbasket to a country where, as of March 2025, over one-third of its population is facing food insecurity. The sweeping impact of land reform In 2000, Zimbabwe launched a controversial land reform that, over the next decade, would seize about 6,000 large, white-owned farms and convert them into over 168,000 black-owned farms. Many of the new occupants, mainly consisting of landless black ci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Zimbabwe
This is a list of commercial banks in Zimbabwe, as updated mid-2024 by the Reserve Bank of Zimbabwe. List of commercial banks * AFC Commercial Bank Ltd, state-owned * African Banking Corporation Zimbabwe Ltd (BancABC), part of Atlas Mara Group * CBZ Bank Ltd * Ecobank Zimbabwe Ltd, part of Ecobank Group * FBC Bank Ltd, part of the FBC Group * First Capital Bank Zimbabwe Ltd, part of First Capital Bank Group * Metbank Ltd * Nedbank Zimbabwe Ltd, part of Nedbank Group * NMB Bank Ltd * Stanbic Bank Zimbabwe Ltd, part of Standard Bank Group * Standard Chartered Bank Zimbabwe Ltd, part of Standard Chartered Group * Steward Bank Ltd * ZB Bank Ltd (Zimbank) * Central Africa Building Society (CABS), part of Old Mutual Group * FBC Building Society, part of the FBC Group * National Building Society, state-owned * People's Own Savings Bank (POSB), state-owned * African Century Ltd, part of the African Century Group (Mauritius) * EmpowerBank Ltd, state-owned * GetBucks Microf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoria Falls
Victoria Falls (Lozi language, Lozi: ''Mosi-oa-Tunya'', "Thundering Smoke/Smoke that Rises"; Tonga language (Zambia and Zimbabwe), Tonga: ''Shungu Namutitima'', "Boiling Water") is a waterfall on the Zambezi River, located on the border between Zambia and Zimbabwe. It is one of the world's largest waterfalls, with a width of 1,708 m (5,604 ft). The region around it has a high degree of biodiversity in both plants and animals. Archaeology and oral history describe a long record of African knowledge of the site. Although known to some European geographers before the 19th century, Scottish missionary David Livingstone identified the falls in 1855, naming them Victoria Falls after Queen Victoria. Since the mid-20th century, the site has been a major tourist destination. Zambia and Zimbabwe both have national parks and tourism infrastructure at the site. Research in the late 2010s found that Effects of climate change, precipitation variability due to climate change is lik ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chitungwiza
Chitungwiza is the third populous urban centre in Zimbabwe and town of Harare Province in Zimbabwe. It is located on the outskirts of Harare. 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 Rhodesian Bush War, civil war, the area experienced rapid Rural-urban migration. Chitungwiza grew rapidly and the Squatting in Zimbabwe, 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. Slum areas in Chitungwiza were destroyed by Operation Murambatsvina in 2005. By the mid-2010s, the number of people squatting in informal settlements w ... [...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 seas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kwekwe
Kwekwe ( ), formerly known as Que Que, is a city in the Midlands province in 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 centre 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zvishavane
Zvishavane, formerly known 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 is derived from the Shona adjective for reddish, referring to the hills around the town. Zvishavane’s origins trace back to the early 20th century, when it developed as a residential center for workers of the Shabani Mine, an asbestos mine established in 1916 to meet demand during World War I. Initially named Shabani (sometimes spelled Shabanie for the mine), the town grew slowly due to limited in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
