Stanbic injects US$227 million into mining

Stanbic chief executive Solomon Nyanhongo

STANBIC Bank Zimbabwe (Stanbic) arranged financing facilities totalling US$227 million for the country’s mining sector in 2025 to support expansion and boost production. Speaking at the Chamber of Mines of Zimbabwe’s 2026 annual conference in Victoria Falls last week, Stanbic chief executive Solomon Nyanhongo said the investments reflect the institution’s commitment and confidence in the…

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