JUST IN : Steward Bank CEO Lance Mambondiani Fired

Steward Bank, part of the Econet group, has sacked CEO Lance Mambondiani after four years at the helm over alleged misuse of foreign currency, ZimLive can report. It is reported that Econet owner Dr. Strive Masiyiwa personally made the call to release the UK-trained banker from his contract. Dr. Mambondiani joined the bank a few […]

Dr Lance Mambondiani Set To Speak At The 2018 USA Edition Of The Zimbabwe Achievers Awards

Dr Lance Mambondiani who is the Steward Bank chief executive officer will be one of the speakers at the 2018 USA edition of the Zimbabwe Achievers Awards (ZAA), taking place on Saturday 29 September in Washington. Mambondiani who has been a guest speaker at ZAA South African and UK chapters will be in the spotlight alongside […]

“Steward Bank CEO Mambondiani Was Not Fired”, – ECONET Spokesperson

Sunday Mail Reporter Econet’s spokesperson Mr. Fungai Mandiveyi dismissed reports suggesting that Dr. Lance Mambondiani, former Steward bank CEO had been fired for alleged misuse of foreign currency. Mandiveyi said: That is not true. He resigned and we wish him well. There is no case of foreign exchange misuse that we are aware of. Dr. […]

“I will be embarking on an equally challenging role” – Former Steward Bank CEO, Mambondiani

The former Steward Bank CEO, Lance Mambondiani, has said that he will be embarking on an equally challenging role, following his departure from Steward Bank. Mambondiani left Steward Bank on 31 May 2019 in what has widely been reported as a forced resignation over misuse of foreign currency. Said Mambondiani in a Facebook post today: Yesterday […]

Full List: ZimAchievers Awards South Africa 2019 Nominees Released

Zimbabwe Achievers Awards South Africa has announced the nominees for the 2019 edition of the awards. The event will be held in April at the Hilton Hotel in Sandton. Prominent Zimbabweans at this year’s ZimAchievers Awards include Priscilla Mupfumira, the Minister of Tourism in Zimbabwe, Joseph Hunda the Kwese CEO and Lance Mambondiani the Steward Bank CEO. Here’s […]

Banks reject rand adoption

Addressing delegates at the two-day Financial Markets Indaba in Harare last week, Barclays Bank Zimbabwe managing director George Guvamatanga said that the adoption of the rand is not the solution to Zimbabwe’s current cash crisis. He also said if issues of productivity are not addressed the country will continue having cash shortages. Said Guvamatanga: Adopting […]

Steward Bank’s e-banking transactions growing 30% month-on-month

Steward Bank, Econet Wireless’ banking unit says electronic banking transactions are growing 30% month-on-month.  Steward us supported by a strong network of over 10 000 POS machines.  According to Zimswitch the number of POS machines in Zimbabwe  is 14 401, from  4 780 in January. Steward bank chief executive Dr Lance Mambondiani said: We are […]