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…
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,…
COMESA Investigates Zambia Airways for Consumer Rights Violations
TweetShareSharePin0 SharesBy ETimes HARARE – THE COMESA Competition Commission (the Commission) has officially launched an investigation into Zambia Airways (2014) Limited over alleged violations of consumer protection regulations. According to…
Delta battles mixed performance amid tax and regulatory challenges
TweetShareSharePin0 SharesBy ETimes HARARE – The operating environment was significantly influenced by exchange rate fluctuations, utility supply disruptions, and consumer spending patterns, according to Delta Corporation’s third quarter report ending…
CABS doubles down on ESG, digital growth with AfDB backing
TweetShareSharePin0 SharesBy ETimes HARARE – CABS has cemented its position as a leader in sustainable banking and digital transformation, securing runner-up positions in both ESG and Digital Innovation categories at Zimbabwe’s 2024 Banks and Banking…
US$15m facility to support construction of 3 000 houses in Zim
TweetShareSharePin0 Shares ….Shelter Afrique Development Bank extends US$15m housing loan to CBZ Bank By ETimes HARARE – Shelter Afrique Development Bank (ShafDB) has extended a US$15 million credit facility to…
CABS marks 75 years of nation-building with major housing, agriculture investments
TweetShareSharePin0 SharesStaff Writer HARARE – ZIMBABWE’S financial powerhouse CABS celebrated its 75th anniversary tonight, showcasing seven decades of transformative impact through housing development, agricultural financing, and economic empowerment. The building…