CABS pumps US$90m into economy, earns ESG honor
TweetShareSharePin0 SharesBy ETimes HARARE – CABS has reinforced its role as a key economic enabler, channelling US$90 million in renewed credit facilities toward agriculture, mining, and infrastructure development in 2024…
CABS posts strong fee growth amid liquidity pressures
TweetShareSharePin0 SharesBy ETimes HARARE – ZIMBABWE’S top mortgage lender CABS showed resilience in 2024, achieving fee income growth and sustaining dividends despite economic challenges and tight liquidity. The financial institution…
Invictus secures EMA approval for pilot gas production
TweetShareSharePin0 SharesBy ETimes HARARE – INVICTUS Energy Ltd has won a critical approval from the Environmental Management Agency (EMA) for its Environmental and Social Impact Assessment (ESIA), clearing the path…
African Sun offloads Great Zimbabwe Hotel in US$4.2 mln deal
TweetShareSharePin0 SharesBy ETimes HARARE – THE announcement regarding African Sun Limited (ASUN) disposing of the Great Zimbabwe Hotel (GZH) to the Mewame Family Trust for a total consideration of US$4.2…
ZSE Urges Shareholders to Dematerialise Shares Ahead of Listing
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) has issued a reminder to its shareholders to submit their share certificates for dematerialisation in preparation for the listing of…
Afrobarometer Sounds Alarm on Zimbabwe’s Rising Poverty Levels
TweetShareSharePin0 SharesBy ETimes HARARE – Zimbabwe is experiencing a worrying surge in severe lived poverty, according to recent findings from Afrobarometer’s latest report. The data reveals that many Zimbabweans are…
Central Bank’s Tightrope Walk: Balancing Inflation Fears and Growth Hopes in Zimbabwe’s Latest Monetary Policy Statement
TweetShareSharePin0 SharesBy Dr. Admire Dube HARARE – THE Reserve Bank of Zimbabwe (RBZ) has always been a fascinating case study in Central Banking, especially as it grapples with the delicate…
Afreximbank extends US$50 million facility to CBZ Holdings
TweetShareSharePin0 SharesBy ETimes HARARE – The African Export-Import Bank (Afreximbank) has extended a US$50 million facility to CBZ Holdings and CBZ Bank to support the bank’s short-term financing needs. The…
Afreximbank Southern Africa office nears completion
TweetShareSharePin0 Shares…a new era for African trade and financial services By Staff Writer HARARE – THE African Export-Import Bank (Afreximbank) permanent Southern Africa Regional Office and Trade Centre in Harare,…
CBZ Holdings restructuring sees 347 job cuts amid strategic shift
TweetShareSharePin0 SharesBy ETimes HARARE – CBZ Holdings has concluded a restructuring exercise that impacted 347 staff roles out of its workforce of 1,448. The initiative, which began in October 2024,…