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South African fintech partners with AFC Commercial Bank for money transfers to Zimbabwe

Mama Money, a South African fintech that offers cross-border money transfer and banking services, has partnered with AFC Commercial Bank, to allow Mama Money customers to easily send money to any AFC Commercial Bank branch for cash collection at 45 locations across Zimbabwe. It’s estimated that the monthly remittance flows from South Africa to Zimbabwe…
South Africa South African Nicolas Vonthron Raphael Grojnowski Ken Chitando African Business Community

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National Building Society to float housing bonds

The National Building Society (NBS) plans to float a series of bonds in the second half of the year as part of moves to raise $150 million for the construction of 10 000 housing units this year. The mortgage lender, which is wholly owned by state-run pension fund National Social Security Association (NSSA), has a...
Mashonaland Central Zimbabwe General Ken Chitando National Social Security Association Snational Building Society Bindura Nickel Corporation

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