Zimbabwe and regional technology news and updates



Nyaradzo logo

Lance Mambondiani appointed Steward Bank acting CEO

Lance Mambondiani has been appointed the Acting CEO at Steward Bank as his boss, Kwanele Ngwenya leaves the organisation at the end of the month. Earlier this month several publications carried the story of Ngwenya’s exit with some referring to it as less ceremonious. Mambondiani’s appointment was approved today by the Reserve Bank and communicated by the Chairman of the bank, Oluwatomisin Fashina. […]

Podcast: Zympay & remittances, Human IPO, P.O BOX Videos and NetOne Airtime

Here is the latest edition of the weekly Techzim Podcast. As we always do, in this episode we touch on the trending topics from the local tech scene. Under discussion was the P.O BOX Videos viral sensation and its use of social media, the departure of Steward Bank CEO, and how it has come in […]

The noise & signal around the departure of Steward Bank CEO, Kwanele Ngwenya

How the resignation of Steward CEO, Kwanele Ngwenya, has been treated in the media and by sources inside the company itself is quite curious. At least 3 reputable media companies (The Source, Financial Express (email news so can’t link)  and The Herald) reported since yesterday that Kwanele Ngwenya had been forced out of the bank apparently for corporate […]

Kwanele Ngwenya, CEO of the Econet owned bank, steps down

Several reports from yesterday (deleted but the internet doesn’t forget) say that Kwanele Ngwenya, CEO of Econet owned financial institution, Steward Bank, has been forced out. The bank itself confirmed Ngwenya’s leaving in a statement but said he isn’t being let go. He’s chosen not to renew his contract is what they say. On why he’s being forced out, the media so […]