First Capital Bank signs 20-year partnership with Royal Harare Golf Club

FIRST Capital Bank has deepened its long-term commitment to Zimbabwe through a 20-year partnership with Royal Harare Golf Club to develop a new pavilion and halfway house facility at one of the country’s most iconic sporting institutions.

The agreement, announced in a statement, was signed by First Capital Bank chief executive officer Mr Tapera Mushoriwa and Royal Harare Golf Club general manager Mr Ian Mathieson.

The bank said the deal is structured as a long-term investment rather than a short-term sponsorship arrangement and forms part of its broader strategy to support national development through investments in infrastructure, institutions and opportunities that create lasting value.

“The agreement, structured over a 20-year period, represents a significant investment in one of Zimbabwe’s most iconic sporting institutions and forms part of the Bank’s broader commitment to supporting national development through strategic, long-term investments,” said the bank.

Beyond the proposed pavilion development, the partnership will also support junior golf development programmes, coaching clinics and community engagement initiatives aimed at growing the sport and expanding access to opportunities for young players.

The project builds on First Capital Bank’s existing involvement in golf through its title sponsorship of the Zimbabwe Junior Golf Open. This year, the tournament marks its Wood Anniversary, celebrating five years of investing in young golfers under the theme, “Belief in Every Swing.”

First Capital Bank Head of Marketing and Communications, Ms Fadzai Marowa, said the investment demonstrates the institution’s confidence in Zimbabwe’s future and its commitment to contributing to national development.

“This partnership reflects our confidence in Zimbabwe and our belief that sustainable growth is built through long-term investment. Whether through our new head office development, continued investment in technology and customer experience, or projects such as this, First Capital Bank is committed to playing its part in building institutions and infrastructure that will contribute to the country’s future,” said Ms Marowa.

She said the partnership would also create opportunities for young golfers, adding that sport plays a critical role in nurturing leadership, discipline and talent.

“We are particularly excited about the junior development opportunities that this partnership creates. Zimbabwe has immense sporting talent, and the future of our sport depends on creating pathways that allow young people to access opportunities, mentorship, and competition,” she said.

“By investing in sport, we are investing in future leaders.”

The proposed pavilion is expected to become a landmark feature at Royal Harare Golf Club and a symbol of the partners’ shared values and long-term commitment to the growth of sport and community development in Zimbabwe.