Ali Sundowns' Cinderella story

Ali believes he has the capacity to lure sponsors to the local game at the highest level having done so in the past locally and regionally.
By Sports Reporter Jan. 12, 2025

CBZ targets US$500m credit lines in 2025

The initiative comes after the financial institution last year mobilised US$115 million for on-lending to sectors of the economy.
By Ashton Ndakusiya Jan. 6, 2025

CBZH secures US$50m line of credit to bolster SMEs

According to group chief executive officer Lawrence Nyazema, the funds are expected to be disbursed before year-end, providing a much-needed injection of capital for businesses.
By Mthandazo Nyoni Dec. 20, 2024

CBZ shifts focus after CTC blocks FMHL further share purchases

Nyazema said the group was actively raising additional funding to address liquidity challenges and stimulate economic activity.
By Ashton Ndakusiya Dec. 13, 2024

Microfinance sector must innovate: Banker

The banker’s call to action resonated deeply with attendees, as he highlighted the importance of adapting to the ever-changing landscape of the financial services sector.
By Lee Musaidzi Dec. 11, 2024

CTC blocks CBZ from upping FMHL’s stake

In a statement yesterday, CBZ Holdings said it “will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited.”
By Tatira Zwinoira Dec. 10, 2024

CBZ asset base rises 71% in Q3

The increase in its asset base is from ZiG17,58 billion, recorded as of the end of June.
By Tatira Zwinoira Nov. 8, 2024

CBZ expands organisational staff restructuring exercise

Last month, CBZ announced it had embarked on a group restructuring exercise which will result in the departure of 13 senior executives by year end.
By Melody Chikono Oct. 16, 2024

CBZ Holdings posts ZWG656,3m PAT in H1

This financial position was supported by a customer deposit base of ZWG11,50 billion and advances to customers totalling ZWG4,76 billion.
By Tafadzwa Mhlanga Sep. 25, 2024