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
CBZ restructuring sends 13 executives packing
The exercise, which is being carried out across the group, will see the first tranche of the affected executives going on garden leave on October 1 with contracts being terminated by end of year.
By Melody Chikono
Sep. 23, 2024
CBZ raises US$115 million in credit lines
The African Development Bank recently said Zimbabwe has an annual funding gap of US$3,76 billion.
By Tatira Zwinoira
Sep. 8, 2024
Share dispute holds ZB acquisition plan
Transnational Holdings claims it is still owed an 8,35% stake to reach the agreed 33% shareholding.
By Melody Chikono
Aug. 23, 2024
CBZ calls for support to mitigate climate shocks
The group vowed to continue monitoring these developments for quicker detection and response to emerging risks and opportunities.
By Tatira Zwinoira
May. 27, 2024
CBZ keeps an eye out for more opportunities
In terms of loans and advances to customers, CBZ recorded a near 145% increase to ZW$2,07 trillion (US$339,08 million) compared to the prior year.
By Tatira Zwinoira
May. 17, 2024
Nyazema lands CBZ CEO post
In a statement on Wednesday, CBZ said Nyazema started his career at ZB Financial Holdings in 1990, meaning that he is a very experienced banker.
By Blessed Ndlovu
Apr. 25, 2024