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

CBZ Bank appoints Simwaka as MD

Simwaka started his career as an executive trainee with Citi Bank Zambia Limited in 1993 and rose through the ranks to country head of Financial Institutions Business Portfolio.
By Melody Chikono Sep. 2, 2024
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CBZ targets exporters with loans

Zimbabwean companies have been struggling to access foreign currency from the formal market and this is crippling their operations.
By Melody Chikono Sep. 1, 2024

CBZ gets US$20m facility from TDB

The TDB’s line is the fourth facility CBZ has secured in three months from continental banks, underscoring its commitment to support local firms.
By Melody Chikono Aug. 28, 2024

CBZ Holdings eyes regional expansion

CBZ recently completed the acquisition of FMHL, which increased its shareholding to 36,35% in September 2023, and has since made a mandatory offer for the remaining shares.
By Melody Chikono Aug. 25, 2024

CBZ gets US$15m shot in the arm for mortgage financing

LAST week, Shelter Afrique Development Bank (ShafDB), a Pan-African housing financier, extended a US$15 million credit line to CBZ Bank
By Melody Chikono Aug. 23, 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

Jongwe proclaims Paralympics dream

With each push of her tough-skinned hands, she propels herself forward, her face set in a look of steely willpower.
By Austin Karonga Jul. 14, 2024

Cop loses US$5 700 to BeForward agent

The accused, Forget Mguza (37), was on Monday remanded in custody to Tuesday for bail application.  
By Trevor Mutsvairo Jul. 2, 2024