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
CBZ Holdings cancels planned acquisition over CTC conditions
The planned acquisition had been stated in cautionary statements, including the most recent one issued on November 4, 2024.
By Trust Makore
Jan. 22, 2025
Action packed calendar excites Zimbabwe Chess Federation
Apart from tournaments there are also workshops and seminars lined up for the year as well as international events.
By Munyaradzi Madzokere
Jan. 19, 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
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