Dear Valued Client, We advise that we will be carrying out a systems upgrade from Friday 12 July 2019 at 1800hrs to Sunday 14 July 2019 at midnight. The upgrade will result in the following: – USD Nostro Foreign Currency Account (FCA) numbers will change with effect from Monday 15 July 2019. We will advise […]

Dear Valued Client, Further to the Exchange Control Directive issued by the Reserve Bank of Zimbabwe (RBZ) on 22 February 2019, we highlight the below for your adoption: 1. Establishment of Interbank Market The Reserve Bank of Zimbabwe established an Interbank Foreign Exchange Market with effect from 20 February 2019 to allow the trading of […]

NMB Bank on Sunday handed over 3 000 buckets, 3 000 units of Water Guard and 120 000 litres of water to the District Health Office in Glen View to help in the fight against cholera in this Harare suburb. The bank teamed up with the Harare City Health Department officials who addressed residents in […]

NMBZ Holdings, NMB Bank’s holding company, recorded a profit before tax of $11 757 594 for the half-year ended June 30, 2018, resulting in total comprehensive income of $9 086 483. This was an increase of 155 percent compared to the same period last year, when comprehensive income stood at $3 556 915. The group […]

NMB Bank has urged small to medium sized businesses to take advantage of the advisory and financial services its Small to Medium Enterprises (SME) Banking Unit offers them to help grow their enterprises. NMB SME Banking Unit head Erasmus Bhunu says the unit, which is situated at the bank’s Plymouth Road branch in Southerton, Harare, […]

The annual Lake Harvest Kariba Challenge, which incorporates a half-marathon and a 10km race, as well as a number of fun events, takes place in Kariba this weekend. The event, which is managed by the Harare Round Table Number One, an association of men aged 18 to 25, is held every year over the Heroes […]

Midlands State University will once again represent Zimbabwe at the Enactus World Cup competition, which is to be held this year in the Silicon Valley in San Jose, California, from October 9 to 11. The university came first ahead of seven other universities from around the country, which presented their projects to a panel of […]

Mr Majuru addressing the NMB Exporters Breakfast Zimbabwean businesses are failing to take advantage of export opportunities in the region, leaving South African companies to exploit them, ZimTrade acting Chief Executive Allan Majuru told the NMB Exporters Breakfast meeting on Friday last week. He said South African trucks were passing through Zimbabwe carrying exports to […]

Mr Washaya addressing the NMB Exporters Breakfast meeting NMB Bank has a $15 million four-year line of credit facility available to exporters, NMB chief executive Ben Washaya told exporters attending a breakfast meeting the bank held for them on Friday last week. “We currently have a $15 million four-year facility from two European DFIs which […]