Banking

African Century acquired a significant stake in NMBZ Holdings Limited, a Zimbabwean-based investment holding company whose principal subsidiary is NMB Bank Limited, a registered commercial bank. NMBZ is listed on the Zimbabwean stock exchange.

NMB was the first locally-owned bank to be established in Zimbabwe, and has a strong brand with a reputation for excellent customer service. Now the banking sector is recovering from the decade long economic crisis in Zimbabwe, NMB is ideally placed to regain and hold its position as one of the top commercial banks in the country.