{"id":116405,"date":"2026-04-11T18:58:17","date_gmt":"2026-04-11T16:58:17","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service"},"modified":"2026-04-11T21:18:06","modified_gmt":"2026-04-11T19:18:06","slug":"nbs-marks-a-decade-of-service","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service","title":{"rendered":"NBS marks a decade of service"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zimbabwe. <\/strong><\/span>The National Building Society (NBS) has celebrated a decade of advancing affordable housing, reaffirming its commitment to financial inclusion and sustainable banking for low-income earners through initiatives such as the NBS Pavilion and SME-focused lender, LenderSpark.<\/p>\n<p>Established in 2016 as a subsidiary of the National Social Security Authority (NSSA), NBS was mandated to help address Zimbabwe\u2019s housing deficit by providing accessible mortgage finance and related banking services.<\/p>\n<p>The anniversary was commemorated on Friday with a golf tournament at the Royal Golf Club, attended by key stakeholders, where the institution reflected on its growth and milestones over the past decade.<\/p>\n<p>Speaking on the sidelines of the event, NBS managing director Sifiso Mahlangu said the institution has undergone a significant transformation since its inception.<\/p>\n<p>\u201cWe started purely as a building society, but have evolved into a fully-fledged commercial banking brand while retaining our core mortgage offering,\u201d Mahlangu said.<\/p>\n<p>\u201cOver the past decade, we have expanded into retail and business banking, and established a broader institutional banking presence. This reflects our commitment to innovation and meeting the diverse needs of our customers.\u201d<\/p>\n<p>Mahlangu said the growth trajectory had been underpinned by strong stakeholder support, enabling the institution to deliver consistent value and competitive returns.<\/p>\n<p>\u201cWe have strengthened both our product offering and portfolio, and declared competitive dividends to stakeholders. This success would not have been possible without their continued support,\u201d he said.<\/p>\n<p>Over the years, NBS has rolled out several housing projects nationwide, including Glaudina Flats in Harare, Matendele in Plumtree, the Rangemore project in Umguza, and Newmara in Mutare, among others.<\/p>\n<p>In line with its financial inclusion agenda, the institution has introduced LenderSpark, a microfinance arm targeting small and medium enterprises, and expanded its footprint with new branches in Bindura and Chiredzi.<\/p>\n<p>NBS has also launched innovative housing solutions such as a rent-to-buy facility, allowing clients to lease properties with an option to purchase based on payment history and affordability.<\/p>\n<p>Meanwhile, non-executive director Sithokozile Mrewa, representing board chairperson Shingai Mutumbwa, said the institution remains focused on driving sustainable economic growth through housing delivery and financial services.<\/p>\n<p>\u201cIt is a pleasure to celebrate this milestone. Ten years of NBS reflects a journey defined by purpose, resilience and shared success,\u201d Mrewa said.<\/p>\n<p>\u201cAs we reflect, we do so with gratitude. What began as a bold vision to redefine banking through community building has become a tangible reality.\u201d<\/p>\n<p>She said the society\u2019s growth has been driven by innovation and a commitment to improving living standards.<\/p>\n<p>\u201cOur journey has been shaped by continuous innovation and a strong focus on delivering affordable housing and sustainable living conditions,\u201d she said.<\/p>\n<p>\u201cWe will continue to push boundaries, create lasting value for our customers and communities, and play our role as a catalyst for economic growth and stability.\u201d<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Zimbabwe<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zimbabwe. The National Building Society (NBS) has celebrated a decade of advancing affordable housing, reaffirming its commitment to financial inclusion and sustainable banking for low-income earners through initiatives such as the NBS Pavilion and SME-focused lender, LenderSpark. Established in 2016 as a subsidiary of the National Social Security Authority (NSSA), NBS was mandated [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":116403,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[19],"class_list":["post-116405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","tag-zimbabwe"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NBS marks a decade of service - zimbabwe<\/title>\n<meta name=\"description\" content=\"The National Building Society (NBS) has celebrated a decade of advancing affordable housing, reaffirming its commitment ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBS marks a decade of service\" \/>\n<meta property=\"og:description\" content=\"The National Building Society (NBS) has celebrated a decade of advancing affordable housing, reaffirming its commitment ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-11T16:58:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-11T19:18:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2026\/04\/sm_1775935060.731677.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"411\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NBS marks a decade of service\",\"datePublished\":\"2026-04-11T16:58:17+00:00\",\"dateModified\":\"2026-04-11T19:18:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\"},\"wordCount\":477,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2026\/04\/sm_1775935060.731677.jpg\",\"keywords\":[\"Zimbabwe\"],\"articleSection\":[\"all news\",\"community\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/nbs-marks-a-decade-of-service\",\"name\":\"NBS marks a decade of service - 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