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Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
CBZ supports Highlanders
Some of Highlanders' Problems Being Addressed, Thanks to CBZ Holdings PartnershipSome of the challenges facing Highlanders Football Club are now being resolved, with CBZ Holdings stepping in t...Published: 05 May 2025 at 15:55hrs | 193 | by Staff reporter
Bulawayo socialite arrested in school fees forgery scandal
Bulawayo socialite Brendon Shoko, popularly known as “Breezy,” has been arrested for alleged forgery in a scandal involving his girlfriend and an accomplice.Shoko (28) allegedly conspired ...Published: 21 Mar 2025 at 09:16hrs | 431 | by Staff reporter
Tagwirei linked wealth managers in OK shares buying spree
Akribos Wealth Managers, a prominent asset management firm with connections to local businessman Kuda Tagwirei, has made a major splash in the Zimbabwean stock market by purchasing a combined 16,338,2...Published: 03 Mar 2025 at 13:03hrs | 12384 | by Staff reporter
Policeman loses US$5 700 to Be Forward agent
A BE FORWARD agent based in Harare, Forget Mguza, has been taken to court for allegedly defrauding a police officer of US$5,700 under the pretense of helping him import a car. The incident occ...Published: 02 Jul 2024 at 10:35hrs | 110 | by Staff reporter
CBZ launches mortgage finance products for Zimbabwean diasporans
CBZ Holdings Limited (CBZHL), Zimbabwe's largest financial services provider, has launched new Mortgage Finance products aimed at Zimbabweans in the diaspora ahead of the Zim Diaspora Property Showcas...Published: 14 Jun 2024 at 07:29hrs | 123 | by Staff reporter
Zimbabwe CIO's business network
Zimbabwe's Central Intelligence Organisation (CIO) likely has a secret stream of money, The Sentry has found. Publicly availa...Published: 10 Jun 2024 at 17:53hrs | 103 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 35 | by Staff reporter
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 24 | by Staff reporter
Zimbabwe police identify, launch manhunt for Nedbank robbers
POLICE have identified and launched a manhunt for seven suspects, three of them notorious brothers accused of robbing a Nedbank branch in Bulawayo of US$272 500-00, ZAR 2 420 000-00, and five gold coi...Published: 04 Jan 2024 at 05:55hrs | 17 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 4 | by Staff reporter
CBZ in major strategic shake up
Pursuant to the strategic vision of creating one of the country's largest financial services groups, renowned banker, strategist and businessman Mr Luxon Zembe, has been appointed acting chairman of C...Published: 06 Dec 2023 at 05:02hrs | 17 | by Staff reporter
Tshabangu followed due process
THE CBZ Bank said the financial institution followed due process when Sengezo Tshabangu, the self-proclaimed interim secretary-general of Citizens Coalition for Change (CCC), opened a corporate accoun...Published: 18 Nov 2023 at 19:43hrs | 21 | by Staff reporter
Zimbabwe's political parties have been taken over by modern day thugs, God have messy on us
Zimbabwe's political parties have been taken over by modern day thugs, God have messy on us. I have been saying it and now it's so obvious. After seeing a tweet from Hopewell Chin'ono @daddyhope...Published: 11 Nov 2023 at 11:21hrs | 22 | by Jacob Kudzayi Mutisi
Tshabangu goes after CCC's share of political parties' funding from govt
CITIZENS Coalition for Change (CCC) self-imposed secretary general Sengezo Tshabangu has struck again, this time requesting the opposition party's Political Parties' Funding share.He wrote a l...Published: 10 Nov 2023 at 06:47hrs | 12 | by Staff reporter
Ministry in storm over e-passports
THE Auditor-General (AG) has raised the red flag over failure by the Home Affairs ministry to provide information on how much was raised from the issuance electronic passports (e-passports), amid conc...Published: 31 Oct 2023 at 16:28hrs | 3 | by Staff reporter
Burglars raid Nedbank
Burglars broke into a Nedbank building in Bulawayo's Belmont industrial area where they damaged three safes before stealing over US$270 000 and about R2 million, police confirmed yesterday.The...Published: 30 Aug 2023 at 06:44hrs | 10 | by Staff reporter
Farmers struggle to service loans
FARMERS, who obtained loans through the CBZ Bank Agro Yield programme to finance their businesses during the last three farming seasons are having difficulty in repaying them, with official data showi...Published: 26 Jul 2023 at 06:43hrs | 4 | by Staff reporter
7 armed robbers wanted for high profile cases
SEVEN suspected armed robbers who are on police's most wanted list for committing a spate of high profile criminal cases countrywide are believed to be operating and hiding in South Africa where most ...Published: 05 Jul 2023 at 07:12hrs | 4 | by Staff reporter
Dealer loses gold, cash to robbers
A Chegutu man lost 16 grammes of gold and US$940 cash to four armed robbers who attacked him while he was walking last Friday night.The robbers were travelling in a Honda Fit when they attacke...Published: 19 Jun 2023 at 06:40hrs | | by Staff reporter
Zimbabwe moves to surpass wheat output
Zimbabwe is optimistic that this year's winter wheat production will surpass last year's yield of 375 000 tonnes following various interventions implemented by Government and the private sector to bol...Published: 07 Jun 2023 at 06:07hrs | 2 | by Staff reporter
Money changers defraud man of $23 million
A Harare man recently lost $23 million to money changers who had promised to give him US$14 000 cash in exchange for making two transactions to different bank accounts.Justice Mahuni who appea...Published: 06 Jun 2023 at 06:16hrs | 1 | by Staff reporter
Zesa dedicates 120MW for winter wheat farming
With planting of the 2023 winter wheat already underway in some parts of the country, the Zimbabwe Electricity Supply Authority (ZESA) has pledged to provide uninterrupted electricity to farmers to al...Published: 09 May 2023 at 06:02hrs | 2 | by Staff reporter
e-passport centre under construction in Gwanda
CONSTRUCTION of an E-passport centre in Gwanda, Matabeleland South is underway with the facility set to be operational mid-next month.The ultimate goal is to have an e-passport facility in eac...Published: 13 Apr 2023 at 08:11hrs | 3 | by Staff reporter
Zimbabwe readies for Cyclone Freddy
Reports from Southern African Development Community (Sadc) Climate Services Centre indicate that the cyclone, which hit Madagascar on Tuesday night, is expected to make landfall in the region, includi...Published: 24 Feb 2023 at 07:08hrs | 14 | by Staff reporter
Kenyan hacker syphons $20M from Zimdef bank account
A KENYAN national yesterday appeared at the Harare Magistrates Court charged with hacking the Zimbabwe Manpower Development Fund (Zimdef) systems and syphoning $20 million from its bank account....Published: 06 Jan 2023 at 16:49hrs | 34 | by Staff Reporter
How Mine robbers unmasked
POLICE in Bulawayo have linked armed robbers who raided a cash-in-transit vehicle transporting nearly 12kg of gold worth US$675 000 from How Mine to Fidelity Printers and Refiners to four other armed ...Published: 31 Oct 2022 at 04:51hrs | 5 | by Staff reporter
Zimbabweans being swindled of millions by foreigners due to lies about sanctions
In their relentless shameless attempts at portraying every little problem faced by ordinary Zimbabweans as being a result of so-called 'sanctions imposed on the country' - the Zimbabwe government has ...Published: 26 Oct 2022 at 15:32hrs | 3 | by Tendai Ruben Mbofana
How Mine robbery suspects appear in court
THREE suspects linked to a gang that got away with How Mine's 11,9 kilogrammes of gold worth US$ 450 000 and four guns were yesterday brought to court by detectives who were seeking their further dete...Published: 07 Oct 2022 at 05:57hrs | 1 | by Staff reporter
'Armed robbers police Fidelity standoff' Details emerge
BUSINESS came to a standstill in Bulawayo's Central Business District (CBD) yesterday when police cordoned off streets leading to Fidelity Building at Corner 11th Avenue and Fife Street, where suspect...Published: 18 Sep 2022 at 16:54hrs | 1 | by Staff reporter
Bulawayo CBZ bank robbed after 5 gunmen pose as customers
Five men posed as customers and then whipped out guns in a lightning-speed robbery of a CBZ bank in Bulawayo on Tuesday, witnesses said.Law enforcement sources said the robbers, who had been i...Published: 13 Sep 2022 at 19:45hrs | 5 | by Staff reporter
Wadyajena fraud case opens can of worms
Zanu-PF Member of Parliament for Gokwe-Nembudziya constituency Justice Mayor Wadyajena who is accused of fraud and money laundering involving US$5,8 million appeared in court Wednesday and was remande...Published: 19 Aug 2022 at 06:48hrs | 19 | by Staff reporter
Registrar General counters Nick Mangwana claims, confirms e-passport snag
Registrar General Henry Machiri has confirmed the country's E-passport processing system has run aground with authorities unsure on when the crisis will be over.This is contrary to claims by I...Published: 15 Aug 2022 at 16:50hrs | 6 | by Staff reporter
Zimbabwe govt still processing e-passports
Government has dismissed rumours circulating on social media that the processing of E-passports has been stopped.In a statement released this afternoon by the Permanent Secretary for Informati...Published: 15 Aug 2022 at 07:20hrs | 7 | by Staff reporter
Bogus Zacc officials arrested
TWO Kuwadzana men, who masqueraded as Zimbabwe Anti-Corruption Commission (Zacc) officials, were yesterday arraigned before Harare magistrate Stanford Mambanje facing 10 counts of extortion.Th...Published: 29 Jun 2022 at 07:45hrs | 1 | by Staff reporter
CBZ launches local remittance service
Zimbabwe's largest financial group, CBZ Holdings has launched a local remittance service that enables clients to safely send and receive money in the country.The service caters not only for ex...Published: 29 Jun 2022 at 07:45hrs | 1 | by Staff reporter
Mapping for urban title deeds underway
Mapping of seven urban suburbs in the title formalisation process is now complete and while that process continues with the next suburbs on the list, the first stand owners being processed are now acq...Published: 22 Jun 2022 at 06:40hrs | | by Staff reporter
Zimbabwe banks letting down farmers
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe's agricultural financing needs an overhaul because banks and other financial institutions were...Published: 11 Jun 2022 at 10:01hrs | 9 | by Staff reporter
US$20m externalised in Zimbabwe diamond sales
MORE than US$20 million was illegally moved out of the country's borders in murky deals involving blacklisted diamond dealer Jamal Ahmed in an opaque sale of one million carats of diamonds from the Mi...Published: 03 Jun 2022 at 19:14hrs | 2 | by Staff reporter
Lawyer off the hook
THE Law Society of Zimbabwe (LSZ) has absolved Harare lawyer Kudzaishe Gama of wrongdoing for facilitating transfer of a property at the centre of a dispute with a client.LSZ recently institut...Published: 18 May 2022 at 06:21hrs | 10 | by Staff reporter
Zimbabwe banks start willing buyer- wiling seller forex trade
LOCAL banks have started showing indicative rates for the willing-buyer willing-seller foreign currency trading system announced by the Reserve Bank of Zimbabwe early last week.Following a mee...Published: 10 Apr 2022 at 08:15hrs | 13 | by Staff reporter
Auditor-General redflags Bulawayo, Gweru councils
THE Auditor-General has red-flagged the Bulawayo and Gweru city councils for a host of misconduct, among them evading paying taxes, failure to account for millions of donations and selling stands to m...Published: 10 Apr 2022 at 08:14hrs | | by Staff reporter
Chombo's trial deferred
THE fraud trial involving former Minister, Ignatius Chombo, in which he is being accused of duping the Reserve Bank of Zimbabwe of $14 billion, has been deferred to June pending the finalisation of a ...Published: 08 Apr 2022 at 10:13hrs | 3 | by Staff reporter
Chihuri wealth inquiry opens
The inquiry seeking explanation from former police Commissioner-General Augustine Chihuri on the sale of five properties that were part of the family's large property portfolio opened at the High Cour...Published: 26 Mar 2022 at 06:11hrs | 3 | by Staff reporter
Bulawayo to start e-passport processing
IN a development that will bring a major relief to people in the southern parts of the country, the Bulawayo Civil Registry Office will start processing e-passports by 31 March, as the Government seek...Published: 13 Mar 2022 at 08:07hrs | 2 | by Staff reporter
RBZ tells banks to shape up or ship out
BANKING sector experts have thrown their weight behind the Reserve Bank of Zimbabwe (RBZ)'s move to tighten screws on operators that fail to comply with new minimum capital requirements, which came in...Published: 18 Feb 2022 at 05:34hrs | 1 | by Staff reporter
RBZ comes hard on bank shareholders
SHAREHOLDERS at financial institutions that have failed to meet new minimum capital requirements will forgo dividends until their firms comply with the central bank's directives, the Reserve Bank of Z...Published: 08 Feb 2022 at 05:37hrs | 3 | by Staff reporter
Broke security guard shoots self
GUARD ALERT Bindura security guard Leopard Kamuzondo shot himself dead at CBZ bank in Bindura on Sunday morning.According to his workmates, Kamuzondo was facing serious financial problems and ...Published: 07 Feb 2022 at 14:26hrs | 1 | by Simbarashe Sithole
Security guard shoots self dead
A SECURITY guard employed by Guard Alert in Bindura yesterday shot and killed himself at a CBZ Bank branch in the farming town.The guard, Leopard Kamuzondo, was allegedly facing financial prob...Published: 07 Feb 2022 at 05:18hrs | 2 | by Staff reporter
Zimbabwe on verge of becoming mbanje research hub for southern Africa
MBANJE, marijuana, cannabis or hemp, is one plant that has accounted for many people in Zimbabwe's prisons.Possession, let alone, cultivation or smoking it, has had serious consequences such a...Published: 24 Jan 2022 at 05:22hrs | 2 | by Staff reporter
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