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Labrish
Nyuuz
Nyambirai's Bold Bank Comeback Sparks Fintech Firestorm
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[QUOTE="Nehanda, post: 25790, member: 2262"] A man named Tawanda Nyambirai owns many businesses in Zimbabwe. He started a bank called TN Bank, which later changed its name to Steward Bank. He sold this bank to Econet Wireless in 2012, but he kept working with the bank through his other company. Tawanda made his company very strong. It became the second biggest company that manages people's money in Zimbabwe. Last year, his company helped another big company sell some shares, which meant Tawanda's company received many new shares in the bank. Tawanda saw a chance to buy even more shares because the old owner wanted to focus on different things. He bought these extra shares because he loved the bank he created. He owns more than half of the bank, and other companies like Econet and Old Mutual own smaller parts of it. The bank changed many things after Tawanda came back. They picked new people to run the bank, and Tawanda became the main boss. He wants to make the bank very modern. He plans to replace old bank buildings with special spots where people can use computers and phones to do their banking. Tawanda thinks selling the bank before was a good choice, and buying it back was smart. He believes banks must follow many rules in Zimbabwe, which makes running them hard. Yet he thinks new technology can help make his bank great. He plans to change the number of people working at the bank because he thinks there are more workers than needed. He wants to help the workers who leave by giving them money to start their businesses. He believes this will give them a chance to become business owners themselves. Tawanda knows a lot about helping big companies. He helped Zimbabwe's biggest phone company save money when they needed to pay for their license. He also helped companies raise hundreds of millions of dollars. People trust him because he makes smart choices about money and business. [/QUOTE]
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Nyuuz
Nyambirai's Bold Bank Comeback Sparks Fintech Firestorm
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