RBZ holds key rate at 35%
TweetShareSharePin0 Shares…as it seeks to entrench inflation fight Stephen Chifamba HARARE – THE Reserve Bank of Zimbabwe (RBZ) held its benchmark interest rate steady, signalling a commitment to crushing persistent…
ZBFH Stock Jumps 11% on 41% Profit Surge, Despite Cost Pressures
TweetShareSharePin0 SharesBy ETimes HARARE – ZBFH’s profitability for the nine months to 30 September 2025 is encouraging, with Profit After Tax (PAT) rising 41% year-on-year to ZWG610 million. This performance…
NMB’s new Greenfields branch to operate until 5 PM weekdays
TweetShareSharePin0 SharesStaff Writer HARARE -NMB Bank has opened a new branch at the Greenfields Mall in Belvedere, the bank said in a customer communication on Wendesday. The new outlet will…
TN CyberTech Holdings to Launch WhatsApp Banking in Digital Push
TweetShareSharePin0 SharesBy ETimes HARARE – TN CyberTech Holdings, formerly known as EcoCash Holdings, is set to launch a suite of new digital services, including WhatsApp banking and digital Visa cards, leveraging…
ANALYSIS| CABS Half Year Profit Quadruples on Strong Lending and Digital Growth
TweetShareSharePin0 SharesBy ETimes HARARE – THE country’s largest building society, CABS, has reported a stellar set of results for the half year ended 30 June 2025, highlighting the resilience of…
CABS rewards shareholders with US$12 million dividend
TweetShareSharePin0 SharesBy ETimes HARARE – CABS, Zimbabwe’s largest building society, distributed US$12 million (ZiG348.28 million) in dividends to shareholders in 2024, reinforcing its commitment to delivering value despite economic challenges. The payout reflects…
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…
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…
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,…