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Tag: Garainashe Changunda

POSB Declares Record US$5.1 Million Dividend as Transformation Strategy Delivers Strong Shareholder Value

Harare, 22 July 2026… The People’s Own Savings Bank (POSB) today declared a record dividend of US$5,138,997 at its 12th Annual General Meeting (AGM) held at the Hyatt Regency Harare (formerly Meikles Hotel), highlighting another year of strong financial performance, strategic transformation and sustainable growth. The dividend continues an impressive growth trajectory, rising from US$216,334 […]

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POSB and AFC Insurance Sign Bancassurance Partnership

Harare, Zimbabwe, Tuesday 16 June 2026… The People’s Own Savings Bank (POSB) has entered a strategic bancassurance partnership with the AFC Insurance Company, marking a significant step in expanding integrated financial solutions for customers across Zimbabwe. Through this partnership, POSB will offer a comprehensive suite of insurance products, including agriculture insurance covering both crop and […]

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POSB Unveils Solar and Starlink Loan Facility to Schools to Improve Sustainable Energy and Digital Connectivity

Harare, Zimbabwe, 07 August 2025… The People’s Own Savings Bank (POSB) has unveiled a Solar and Starlink Loan, a transformative financing solution designed to help schools and staff in the education sector across Zimbabwe to access reliable solar energy and high-speed internet connectivity via Starlink. This people-centric initiative is a direct response to the growing […]

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POSB Hosts SMEs Seminar in Bulawayo

Bulawayo, Zimbabwe – 11 July 2025… The People’s Own Savings Bank (POSB) will today host a Small and Medium Enterprises (SMEs) Seminar at Cresta Churchill Hotel in Bulawayo. This event, themed “Driving Inclusive Growth: Unlocking SMEs’ Potential,” underscores POSB’s unwavering commitment to empowering Zimbabwe’s SMEs, which are widely acknowledged as the backbone and lifeblood of the nation’s […]

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POSB Starts Selling Belarus Tractors

…flexible financing options available to farmers Harare, Zimbabwe – March 14, 2025…Harare, Zimbabwe – 12 March 2025… The People’s Own Savings Bank (POSB) Zimbabwe is pleased to announce that government-procured Belarus tractors are now available for purchase by local farmers through the Bank. The tractors were secured by the Government of Zimbabwe through the Ministry […]

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