News / National
CBZ Holdings partners ZOC
09 May 2025 at 11:04hrs | Views
One of Zimbabwe's leading financial institutions, CBZ Holdings, has entered into a strategic partnership with the Zimbabwe Olympic Committee (ZOC) in a bold move aimed at improving the country's preparations for the 2028 Los Angeles Olympic Games.
The landmark partnership, announced yesterday at CBZ Wealth Management offices in Harare, comes as Zimbabwe looks to build on the modest participation it had at the last Olympic Games, where only five athletes represented the nation. Among them, sprinters Makanakaishe Charamba and Tadiwanashe Makarawu impressed by reaching the finals in the 200m race.
Speaking at the signing ceremony, CBZ Group Chief Executive Officer Lawrence Nyazema said the institution is committed to creating an environment where athletes can reach their full potential.
"The challenge for all Zimbabweans is how to ensure that all we have achieved in our sport in the past does not go to waste," Nyazema said.
"As the largest financial institution in the land, we recognise the role we must play in enabling our athletes to thrive."
He emphasized the importance of long-term preparation, referencing CBZ's recent partnership with Highlanders Football Club, another sign of the group's growing investment in sport development.
"We are looking forward to the 2028 Los Angeles Olympic Games. The Olympic spirit is not only about winning, but about participation and preparation," he added.
"Our commitment is to ensure we elevate sport and athletics in particular to the level they deserve."
The ZOC was represented by its recently re-elected president Thabani Gonye and chief executive officer Marlene Gadzirayi. Gonye expressed optimism about the partnership, calling it a "game changer" for Zimbabwean sport.
"This is not just a transactional moment, but the beginning of a relationship-building journey," Gonye said.
"We believe this partnership will unlock real value and help Zimbabwe restore its status as a podium-finishing nation."
Gonye said the 2024 Games had served as a wake-up call, highlighting the need for stronger preparation and investment if Zimbabwe is to compete effectively on the global stage.
"We've been there before, we know how sweet it is to stand on the podium. This partnership is a step toward reclaiming that glory," he added.
CBZ's involvement is expected to fund athlete development initiatives, enhance training infrastructure, and provide financial literacy support to athletes-a critical need in Zimbabwe's sports ecosystem.
With the Los Angeles Olympics just over three years away, both CBZ and ZOC are confident that this collaboration will pave the way for a more competitive and better-prepared Zimbabwean Olympic team.
The landmark partnership, announced yesterday at CBZ Wealth Management offices in Harare, comes as Zimbabwe looks to build on the modest participation it had at the last Olympic Games, where only five athletes represented the nation. Among them, sprinters Makanakaishe Charamba and Tadiwanashe Makarawu impressed by reaching the finals in the 200m race.
Speaking at the signing ceremony, CBZ Group Chief Executive Officer Lawrence Nyazema said the institution is committed to creating an environment where athletes can reach their full potential.
"The challenge for all Zimbabweans is how to ensure that all we have achieved in our sport in the past does not go to waste," Nyazema said.
"As the largest financial institution in the land, we recognise the role we must play in enabling our athletes to thrive."
He emphasized the importance of long-term preparation, referencing CBZ's recent partnership with Highlanders Football Club, another sign of the group's growing investment in sport development.
"We are looking forward to the 2028 Los Angeles Olympic Games. The Olympic spirit is not only about winning, but about participation and preparation," he added.
"Our commitment is to ensure we elevate sport and athletics in particular to the level they deserve."
The ZOC was represented by its recently re-elected president Thabani Gonye and chief executive officer Marlene Gadzirayi. Gonye expressed optimism about the partnership, calling it a "game changer" for Zimbabwean sport.
"This is not just a transactional moment, but the beginning of a relationship-building journey," Gonye said.
"We believe this partnership will unlock real value and help Zimbabwe restore its status as a podium-finishing nation."
Gonye said the 2024 Games had served as a wake-up call, highlighting the need for stronger preparation and investment if Zimbabwe is to compete effectively on the global stage.
"We've been there before, we know how sweet it is to stand on the podium. This partnership is a step toward reclaiming that glory," he added.
CBZ's involvement is expected to fund athlete development initiatives, enhance training infrastructure, and provide financial literacy support to athletes-a critical need in Zimbabwe's sports ecosystem.
With the Los Angeles Olympics just over three years away, both CBZ and ZOC are confident that this collaboration will pave the way for a more competitive and better-prepared Zimbabwean Olympic team.
Source - newsday
