Cbz Holding - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Cbz Holding

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 abandons seeking additional shares in FMHL

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

Vingirai professes ignorance as CBZ-ZB merger faces hurdles

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

CBZ targets US$500m credit lines in 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

CBZH secures US$50m line of credit to bolster SMEs

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

CBZ shifts focus after CTC blocks FMHL further share purchases

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

Microfinance sector must innovate: Banker

CTC blocks CBZ from upping FMHL’s stake

In a statement yesterday, CBZ Holdings said it “will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited.”

By Tatira Zwinoira Dec. 10, 2024