Zimbabwe: Steward Bank in U.S$26 Million Loss, Sees Ecocash Boost

STEWARD Bank, the wholly-owned subsidiary of Econet Wireless Zimbabwe, posted a loss of US$26,3 million as the company continues restructuring away from traditional banking to focus on services related to mobile banking.

Econet Wireless CEO, Douglas Mboweni, said he was confident the bank would soon turn to profitability.

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