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