Banking, Investrust Bank PlcMay 28, 2017

Investrust Bank: Negative Earnings but still in transition
So much has changed from the time Investrust Bank published its 2016 annual report. For example, Dr Jacob Mwanza’s statement to shareholders cites the BOZ rates that have since been subsequently reduced twice in the first two quarters in 2017. This changes the dynamics of how his bank will perform in a competitive market. However, […]

Banking, Investrust Bank PlcMarch 28, 2017

Investrust Bank: Negative Earnings but still in transition
So much has changed from the time Investrust Bank published its 2016 annual report. For example, Dr Jacob Mwanza’s statement to shareholders cites the BOZ rates that have since been subsequently reduced twice in the first two quarters in 2017. This changes the dynamics of how his bank will perform in a competitive market. However, […]

Banking, Investrust Bank PlcJuly 1, 2016

When Trust is Tested: InvestTrust in Transition
In 2015, there was a change of leadership in the midst of a very difficult year for Investrust Bank Plc. Dr Jacob Mwanza (Chairman) said farewell to Friday Ndhlovu who retired as MD and was replaced by Dr. Chembe who unfortunately was taken ill on Christmas day 2015 leaving the board to appoint Mr Isaiah […]