Operating Banking Institutions

Tetrad Investment Bank Limited

Head Office
Arundel Office Park,
1st Floor, Building 5, Norfolk Road,
Mount Pleasant,
Harare,
Zimbabwe
Telephone: 704271-5, 338401-6, 369076/9, 369080-3/86, 369090-4
Fax: +263 4 338400
Telex: +263772 470600-3

Website: www.tetrad.co.zw

Postal Address
Arundel Office Park,
1st Floor, Building 5, Norfolk Road,
Mount Pleasant,
Harare,
Zimbabwe

Type of bank: Merchant Bank

Date of establishment: 1996

History

  • Tetrad Investment Bank Limited was incorporated on 12 June 1995 as Tetrad Securities Limited under registration number 3994/95.
  • The institution commenced operations in 1996 after obtaining a licence to operate as a discount house in terms of the Banking Act [Chapter 24:20].
  • Tetrad Securities Limited’s discount house licence was converted to a merchant banking licence on 6 March 2009.

 

Ownership: Wholly owned subsidiary of Tetrad Holdings Limited

Chairman: Audrey Chatikobo (Resigned effective 2 July 2014)

Chief Executive Officer: (Acting) Eugene Mlambo

Auditors : Deloitte Chartered Accountants

Number of employees: 108

Number of branches : 5

The Small and Medium Enterprises Development Corporation (SMEDCO)

Head Office
SEDCO House,
170 Chinhoyi Street,
Harare,
Zimbabwe
Telephone: (263-4) 792821- 4
Fax: (263-4) 796228,
Postal Address: Box 4250, Harare, Zimbabwe

Website: www.sedco.co.zw

Type of Bank: Development Finance Institution

Date of Establishment: 1983

History

The Small and Medium Enterprises Development Corporation (SMEDCO) was formed in 1983 through an Act of Parliament and is a parastatal which falls under the Ministry of Small and Medium Enterprises and Co-operative Development. The organization began operations in April 1984. The institution changed its name from Small Enterprises Development Corporation (SEDCO) to Small and Medium Enterprises Development Corporation (SMEDCO) following amendments to the SME Act in February 2014. SMEDCO is a development finance institution which primarily exists to promote the development of micro, small and medium enterprises, and cooperatives in the country, through lending and capacity building.

Ownership:

100% owned by the Government of Zimbabwe

Chairman: Professor Kingston. T. Kajese

Chief Executive Officer: Mrs. Gladys Kanyongo

Auditors : Comptroller and Auditor General

Number of employees: 50

Number of branches : 6

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