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CBZ Holdings retrenches
Fidelity Mhlanga ·
ZIMBABWE’S largest financial services group, CBZ Holdings (CBZH), has retrenched more than 100 employees as banks reel under the worsening economic environment, NewsDay can exclusively reveal.
The retrenchment exercise, which started early this month and is envisaged to continue until month end, could see the institution shedding additional jobs.
CBZH told NewsDay that the downsizing would help it contain mounting operational challenges and enhance its operational efficiency.
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