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Home » Stanbic injects US$227 million into mining
Companies & Markets

Stanbic injects US$227 million into mining

written by Adelaide Moyo, Group Managing Editor 0 comments
Stanbic chief executive Solomon Nyanhongo
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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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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency developments, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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