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
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
Premium
Revealed: The key figures behind Zanu PF faction pushing for ED to hang onto power
News
Jan. 19, 2025
