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Munhumutapa School of Commerce


About the Department

Welcome to the Department of Banking and Finance.  The Banking and Finance department is the center of excellence in the academic and professional training and capacity building of practitioners in the field of finance, banking, risk management and insurance.  We offer five Honours undergraduate degree programmes namely the Bachelor of Commerce Honours Degree in Banking and Finance, Bachelor of Commerce Honours Degree in Banking, Bachelor of Honours Degree in Finance, Bachelor of Honours Degree in Financial Engineering and Bachelor of Commerce Honours degree in Risk Management and Insurance.  These degrees are also offered on part-time basis in Masvingo and Harare.  They are also available via weekend school if the class is viable.  The Department also offers Master of Commerce degree in Finance and Master of Commerce degree in Banking on a part-time basis.  It is our thrust to produce quality graduates who are fully trained to venture into entrepreneurial activities as well as competent players in the finance and banking industries.

Department Staff



Dr W. Munyanyi


PhD in Business Management (University of Johannesburg)

MBA [MSU, 2010] BBS in Finance and Banking [UZ, 2003

Research Interest

Entrepreneurship, Small business Management, Supply chain Venture financing



Ms J Mushonga

ND in Secretarial [HEXCO, 1999],

NC in Secretarila [HEXCO, 2002]








Mrs S.K. Munongo

MSc  Banking and Financial Services [NUST, 2012]

B.Com Hons  Banking and Finance [MSU, 2007]

Development finance,

Digital finance,

Inclusive finance

Mr L. Chakazamba

MBA [ZOU, 2008]

Diploma Institute of Bankers of Zimbabwe

Associate IOBZ, [2000]

Credit risk management,

Corporate governance,

Payment systems

Mr E. Matanda

MSc Finance & Investments

[NUST, 2008]

BSc Hons Economics [UZ,2003

Certificate in Education [Mathematics] [1998]

Micro finance,

Financial economics,

Development finance,

Investment banking

Dr T. Mashamba

PhD in Finance (UKNZ) 2018

MSc  Finance and Investments [NUST,2012]

B.Com Hons  Finance

[GZU, 2008]

Bank regulation,   

Risk management, 

Bank & treasury






Mr R. Magweva

MSc Finance and Investments [NUST, 2012]

B.Com Hons  Finance [GZU, 2008]

Stock markets


Behavioural finance,

Financial Economics

Mrs D.S. Bhiza

M.Com  in Business Economics [WITS,2011]

B.Com Hons  Finance

[NUST, 2004]


Financial inclusion,

Credit markets,

Corporate governance

Mr F.D.  Dzapasi

M.Com  Finance[GZU, 2012]

B.Com Hons  Finance

[GZU, 2008]

Investment banking,

Risk management,


Mr T. Mavaza

MSc  Banking and Financial Services [NUST,2012]

Bachelor of Business Studies Hons [UZ, 1997]

Financial regulation,

Money and capital


Corporate governance

Mr M.  Diza

M.Com  Finance [GZU, 2013]

B.Com Hons Finance



Financial engineering,

Financial modelling,



Corporate finance and investment analysis

Miss L.C. Gumbo

MSc Finance and Investment [NUST, 2012]

B.Com Hons Finance

[GZU, 2009]

Executive Diploma in Project Management, [2014]

Development Finance,

Structured Finance in


Mr C. Chiromba

MSc  Finance and Investments [NUST, 2008]

B.Com Hons Banking


Responsible Investment,

Portifolio optimization,

Corporate governance

Mr H. Dube

M.Com  Finance [GZU, 2012]

MBA [ZOU,2007]

BA Economics[UNISA, 1999]

Risk management in


SMEs Development

Mr N. Marime

MBA [ZOU, 2011]

BSc  Statistics and Geography and Environmental Sciences [UZ, 2004]

B.Com Hons  Finance

[GZU, 2012]


Stock market dynamics,

Financial Inclusion

Mr D. Halimani

MSc  Banking and Financial Services [NUST, 2013]

B.Com Hons Finance [GZU, 2008]

Corporate governance,

Financial regulation,

International finance

Dr E. Chikodza

DPhil Mathematics [UZ, 2011]

MSc Mathematics [UZ, 2004]

BSc Hons Mathematics [UZ, 1996]

Stochastic Analysis,

Mathematics of Finance,

Uncertainty Theory

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