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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 restructuring sends 13 executives packing

The exercise, which is being carried out across the group, will see the first tranche of the affected executives going on garden leave on October 1 with contracts being terminated by end of year.
By Melody Chikono Sep. 23, 2024

Wary banks keep NPLs in check

These measures are aimed at ensuring long-term stability and fostering a healthier financial environment within the sector.
By Freeman Makopa Sep. 13, 2024

Banks reduce lending as crisis persists

Nyazema pointed out that this indicates a significant funding limitation in the Zimbabwean market.
By Freeman Makopa Aug. 30, 2024

Zim hopes to win back lost correspondent banks

Bankers Association of Zimbabwe president Lawrence Nyazema is on record stating that Zimbabwe had correspondent banking relationships on different currencies.
By Melody Chikono Apr. 26, 2024

Nyazema lands CBZ CEO post

In a statement on Wednesday, CBZ said Nyazema started his career at ZB Financial Holdings in 1990, meaning that he is a very experienced banker.
By Blessed Ndlovu Apr. 25, 2024

Bankers welcome monetary policy measures

In an interview with businessdigest, BAZ president Lawrence Nyazema said the fact that the monetary authorities were maintaining the multi-currency system was a positive move.
By Melody Chikono Apr. 12, 2024

Financiers shelve large-scale projects

Zimbabwe is battling to upgrade colonial infrastructure at a time there was an influx of rural to urban migration.
By Melody Chikono Mar. 22, 2024

Banking sector faces serious headwinds

Subsequently, this will translate into reduced business potential and opportunities for the banking sector.
By Melody Chikono Jan. 12, 2024