CBZ abandons seeking additional shares in FMHL
At this threshold, CBZ, as required by the Zimbabwe Stock Exchange listing rules, made a mandatory offer to the remaining shareholders of FMHL for their shares.
By Business Reporter
Jan. 23, 2025
Vingirai professes ignorance as CBZ-ZB merger faces hurdles
The proposed merger aims to create Zimbabwe’s largest financial institution, building on CBZH’s acquisition of First Mutual Holdings.
By Melody Chikono
Jan. 17, 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
