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NEWS & CURRENT AFFAIRS
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Topic : Cbz Holding

CBZ boost for Zim chess
This marks the third consecutive year that CBZ Bank has partnered with the Zimbabwe Chess Federation (ZCF) as title sponsor.
By Munyaradzi Madzokere Apr. 4, 2025
CBZ boost for Zim chess

Restructuring costs pull CBZH’s net earnings
We are cognisant of additional lines of credit and the Targeted Finance Facility but the stringent terms and depressed aggregate demand in the economy will limit uptake in 2025.
By Morgan & Co Apr. 4, 2025
Restructuring costs pull CBZH’s net earnings

CBZ shareholders in for US$10m dividend
Zimbabwe’s biggest banking group declared a dividend of US$8 million in 2023.
By Tafadzwa Mhlanga Apr. 4, 2025
CBZ shareholders in for US$10m dividend
Premium

Wet season for CBZ shareholders, dividend up 25%
CBZ undertook a strategic review in response to an increasingly dynamic and competitive operating environment.
By Tatira Zwinoira Apr. 2, 2025
Wet season for CBZ shareholders, dividend up 25%

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

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