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Man in court for killing ex-wife

A 31-year-old man from Mabvuku, Prince Ndambi, appeared in court on Saturday, facing charges of murdering his former wife, Constance Tsitsi Chirwa, in a tragic dispute over child custody.According to the prosecution, Ndambi allegedly track…

Published: 21 Apr 2025 at 09:04hrs | 187 | by Staff reporter

CABS renews US$40m facility to support the Zimbabwe economy

The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of its financial results for the year ended…

Published: 21 Apr 2025 at 09:03hrs | 282 | by Staff reporter

CABS bank manager accused of stealing depositors' funds

A manager at the CABS Highlands branch, Raymond Chikonyora, faced court last week on serious charges related to the unauthorized withdrawal of funds from clients' accounts. The allegations have raised concerns about internal controls and f…

Published: 03 Nov 2024 at 10:17hrs | 5407 | by Staff reporter

Judge dismisses depositor's US$179,000 debt claim from CABS

A local pensioner, Duncan Hugh Cocksedge, is counting his losses after his US$179,000 bank balance which was being held in a CABS account was wiped out after being wholly converted to local currency through government's controversial Excha…

Published: 28 Feb 2023 at 19:53hrs | | by Staff reporter

CABS surplus doubles as lending rebounds

A RISE in non-interest income as loans went up at CABS, one of the country's biggest building societies, inspired a 130% increase in surplus in inflation adjusted terms for the year to December 2021, latest results showed yesterday.CABS' s…

Published: 31 Mar 2022 at 08:53hrs | 5 | by Staff reporter

CABS and European Investment Bank unveil EUR15m COVID resilience business financing initiative

The European Investment Bank has agreed to support EUR 15 million of new long-term financing for entrepreneurs and businesses across Zimbabwe in cooperation with leading local bank CABS. The first ever partnership between the European Inve…

Published: 28 Apr 2021 at 18:31hrs | 3 | by Staff reporter

'I am Mutumwa Mawere! the hypocrite'

Mutumwa Mawere, an ex-business magnate, has a rosy educational story with stints in Zimbabwe, Swaziland, the UK and the U.S. (George Washington University) where he obtained a Master of Science (Management) and an MBA (Finance & Invest…

Published: 09 Jan 2019 at 22:45hrs | 5 | by Sam Wezhira

CABS is the top bank in Zimbabwe

FINANCE minister Mthuli Ncube has urged banks to diversify and develop business models tailored to meet special requirements of the unbanked and underserved segments of the population.Ncube was speaking at the launch of the Zimbabwe Indepe…

Published: 03 Dec 2018 at 07:28hrs | 2 | by Staff reporter

CABS come tops Banks and Banking survey

CABS emerged the top-performing bank at this year's edition of the Zimbabwe Independent Banks and Banking Survey ceremony, which was held in Harare last night.CBZ was the first runner-up, followed by First Capital Bank.This year's survey i…

Published: 30 Nov 2018 at 09:32hrs | 1 | by Staff reporter

CABS, ZymPay in Diaspora mortgage deal

HARARE - Cross border bill payment business ZymPay has entered in a strategic partnership with Central Africa Building Society (CABS) in Zimbabwe to facilitate payments from their Diaspora mortgage customers.This service is for CABS mortga…

Published: 30 Dec 2017 at 11:48hrs | 4 | by Staff Reporter

Innscor, Cabs win top Excellence in Corporate Governance Awards

Innscor Africa was the overall listed companies winner of the Excellence in Corporate Governance Awards, while CABS was the overall banking sector winner. The Deposit Protection Corporation was the winner of the State Enterprises and Paras…

Published: 30 Nov 2017 at 09:41hrs | 2 | by Agencies

Old Mutual properties overpriced

Letter to the Editor, I would like to applaud efforts by the National Building Society (NBS) and the People's Own Savings Bank (POSB), on the provision of affordable houses and housing loans respectively.  Their schemes are able to ac…

Published: 31 Aug 2017 at 11:43hrs | 2 | by Prosperity Mzila

Cabs caught up in Marvo corruption scandals

A former worker at Marvo Stationary Mbonisi Gumbo has said  it is disheartening and totally unacceptable to note that even the big corporates are involved in corruption activities, undermining the poor because of their selfishness. He…

Published: 25 Feb 2017 at 07:26hrs | 7 | by Stephen Jakes

CABS to build 2,700 Bulawayo houses

LEADING mortgage lender CABS is set to build over 2,700 housing units in Bulawayo's Nkulumane high density suburb as part of efforts to provide housing to urban low income earners.CABS is a subsidiary of Old Mutual Zimbabwe.Old Mutual grou…

Published: 08 Apr 2016 at 06:52hrs | 2 | by Oliver Kazunga

GB Holdings secures $1 million funding

GB Holdings managed to secure $1 million funding for raw materials from CABS and the firm is still engaging other possible funders "to get the company to go", managing director Wilbroad Tsuroh told the AGM today.The Group expects an increa…

Published: 26 Jun 2013 at 11:56hrs | 1 | by Business reporter

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Zim schools to introduce anti-sanctions curriculum, from ECD

National Sports Stadium rehab will be completed by year-end

High Court nullifies US$140,000 property sale in divorce dispute

Bulawayo records major HIV decline

Elderly overlooked in HIV prevention

Tagwirei publishes snakebite management guidebook

General Mutamba honoured with Zimbabwe's top policing award

Woman found buried in garden, stepdaughter arrested

Zimbabwe's highways double as drug pipelines

Zimbabwe accelerates school construction drive

Married woman caught pants down

Mnangagwa caps 640 HIT graduates

Zim medics become lifeline for migrants in South Africa

Man arrested for highlighting poor sanitation at Registrar's office

Statutory fees remain until laws are amended

RBZ assures stability over post post-dollarisation era

Zimbabwe industries push for legislative protection

Hichilema to make State Visit to Zimbabwe

Air Zim, NHS scoop tourism awards

Maimane calls on SA to hold Zanu-PF accountable

E.D. Mnangagwa road to close for sewer works

Armed forces and HIV infections

Vendor goes blind after stealing potatoes

Convict escapes prison, arrested in less than 12 hours

Pharmacist sues CID officers for malicious arrest

Manicaland councils in disarray

Tourism Minister's Stance on Robots in Hotels Sparks Interest

Private parts rip-off attempt, condom wearing delay rescues rape victim

Mnangagwa's Zimbabwe: Speak out, get jailed

60% of Zimbabweans visit sangomas

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