Search / Cbz
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 440 | by Staff reporter
CBZ Holdings partners ZOC
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 prepa...Published: 09 May 2025 at 11:04hrs | 69 | by Staff reporter
Zimbabwe war vets launch impeachment drive
A major political storm is sweeping through Zimbabwe's corridors of power as a group of war veterans led by outspoken activist Blessed Geza has initiated an impeachment campaign targeting senior gover...Published: 06 May 2025 at 12:15hrs | 4498 | 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 | 182 | by Staff reporter
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 162 | by Staff reporter
Zimbabwe targets 600 000 tonnes winter wheat output
Zimbabwe is aiming to produce 600,000 tonnes of wheat this year as part of a major push to sustain and expand its winter crop production. The country is stepping up preparations for a successful seaso...Published: 25 Apr 2025 at 07:31hrs | 59 | by Staff reporter
Zimbabwe ramps up winter wheat preparations
The Government has intensified preparations for this year's winter wheat production season, aiming to deliver essential inputs to farmers on time and build upon last season's record-breaking harvest. ...Published: 23 Apr 2025 at 08:27hrs | 33 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 632 | by Staff reporter
Mozambique's President to open ZITF
Mozambican President Daniel Chapo will officially open the 65th edition of the Zimbabwe International Trade Fair (ZITF), set to run from April 21 to 26 in Bulawayo, with this year's event attracting a...Published: 10 Apr 2025 at 09:18hrs | 127 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | 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 | 430 | by Staff reporter
Leadership changes sweep through Zim's corporate landscape
A wave of leadership changes has swept through several listed companies in recent weeks, marking a significant shift in the corporate landscape. Notable companies such as OK Zimbabwe, Econet Wireless,...Published: 11 Mar 2025 at 11:30hrs | 637 | by Tonderai Ndoro
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 | 12366 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 173 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 210 | by Staff reporter
Zimbabwean Football: Greatest Players
Zimbabweans are very passionate athletes. The government pays a lot of attention to encouraging people to be more active, do sports, attend gyms and sports classes. It's very helpful for the nation to...Published: 02 Dec 2024 at 23:14hrs | 1040 | by Staff Reporter
Victoria Falls Town Clerk named Zimbabwe's best CEO for 2024
Victoria Falls City Town Clerk, Mr. Ronnie Dube, has been awarded Zimbabwe's Best Performing Chief Executive for 2024 by the Zimbabwe CEO's Network, an organization dedicated to advancing leadership e...Published: 28 Nov 2024 at 16:56hrs | 3599 | by Staff reporter
Mnangagwa stalling the return of ZPRA properties
President Emmerson Mnangagwa is intentionally delaying the return of properties confiscated from ZPRA veterans, according to Andreas Ethan Mathibela, a faction leader of the Zimbabwe National Liberati...Published: 21 Oct 2024 at 14:42hrs | 1534 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 708 | by Admire Maparadza Dube
Zinara announces a 25% discount to Harare residents only
THE Zimbabwe National Road Administration (Zinara) is giving a 25 percent discount for light vehicle license fees during the Zimbabwe Agricultural Show week.Light motor vehicles are of up to 2...Published: 28 Aug 2024 at 15:45hrs | 1881 | 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 | 108 | by Staff reporter
Tshabangu takes ZEC toilet scandal to Senate
Opposition senator Sengezo Tshabangu has demanded answers from the Finance Ministry on why Treasury went ahead to disburse US$9 million towards the procurement of portable toilets and vests from a Sou...Published: 01 Jul 2024 at 04:29hrs | 3 | by Staff reporter
ZEC paid US$5.4 million for fancy V11 display boxes that it never used
The Zimbabwe Electoral Commission (ZEC) splurged US$5 million on gadgets to display digital V11 polling station forms for last August's elections - but the devices, bought at inflated prices, were onl...Published: 28 Jun 2024 at 09:16hrs | 2 | 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 | 111 | 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 | 88 | 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 | 32 | by Staff reporter
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | 7 | by Staff reporter
Zimbabwe exam fees deadline is extended
THE Government's extension of the deadline by which Ordinary and Advanced Level examination fees should be paid to the first week of May from March 23, has been welcomed by parents and guardians as a ...Published: 21 Mar 2024 at 08:44hrs | 5 | 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 | 22 | by Staff reporter
Zimbabwe gets 2 000 tractors from Belarus
ZIMBABWE has received at least 2 000 high-tech tractors, 80 combine harvesters and other agricultural equipment from Belarus over the past three years to modernise the sector and boost productivity....Published: 04 Feb 2024 at 17:36hrs | 7 | by Staff reporter
Foreign investors ditch Zimbabwe capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading res...Published: 30 Jan 2024 at 07:47hrs | 2 | 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
Historical background of the town of Mvurwi formerly Umvukwes
Mvurwi is a prosperous farming town in Mashonaland Central province. The town is situated about hundred kilometers north of Harare along Kanyemba road, Mvurwi was formally known as Umvukwesi or (Mumug...Published: 27 Dec 2023 at 20:02hrs | 249 | by Givestar Kamuzonde
Chiwenga's wedding was a political statement
HIGH-PROFILE weddings, especially those of the rich, famous and powerful - very important persons (VIPs) - are renowned worldwide for their grandeur, luxury and vibrant celebrations.These ausp...Published: 27 Dec 2023 at 17:26hrs | 69 | by Staff reporter
Zimbabwe rainy season likely to be very short
The Government has advised farmers that the rainy season has started and is likely to be short with all parts of the country expected to receive rains this week.Information, Publicity and Broa...Published: 13 Dec 2023 at 05:11hrs | 2 | 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 | 20 | by Staff reporter
RBZ approves FBC acquisition of StanChart
THE Reserve Bank of Zimbabwe (RBZ) has approved FBC Holdings Limited's (FBCHL) purchase of Standard Chartered Bank Zimbabwe Limited (SCBZL), making it one of the biggest banks in the country.A...Published: 15 Nov 2023 at 05:12hrs | 12 | 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 | 21 | 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
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | 1 | by Tendai Ruben Mbofana
CBZ commends Mthuli Ncube's bold inflation policy
CBZ Holdings Limited (CBZHL), the country's largest banking institution in terms of deposits and assets, has commended monetary authorities for taking bold inflation-targeted measures. The company has...Published: 24 Sep 2023 at 11:47hrs | 6 | by Staff reporter
CBZ close to ZB takeover
CBZ Holdings Limited (CBZHL) is on the verge of acquiring a controlling stake in ZB Financial Holdings Limited (ZBFHL) as part of its strategy to become a significant player in the financial services ...Published: 14 Sep 2023 at 06:34hrs | 15 | 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 | 9 | by Staff reporter
Reserve Bank of Zimbabwe bails out 3 banks
THE Reserve Bank of Zimbabwe (RBZ) has used its lender of last resort (LoLR) facility to bail out three distressed banks which had run out of liquidity following the steep depreciation of the local cu...Published: 16 Aug 2023 at 06:49hrs | 16 | 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
Afro-jazz sensation Berita to perform at Zimfest Live
The Bulawayo-born 'queen of soul' will serenade crowds at this year's annual festival taking place at the weekendSouth Africa-based Zimbabwean musician Berita has joined a glowing lineup of ar...Published: 25 Jul 2023 at 09:55hrs | 14 | by Tidi Kwidini
Rogue traffic enforcers undermining business in Zimbabwe
FORMERLY known as an opulent suburb, Harare's Borrowdale area is gradually transforming into a commercial hub, not only for the city but the entire Zimbabwe.With its peace and flamboyance, Bor...Published: 23 Jul 2023 at 08:34hrs | 2 | by Staff reporter
Load More Stories