Search results for 'CBZ'
World
Datvest: Withstanding hardships yet optimistic about the potential for future gains
Datvest ETF offers exposure to leading consumer staples counters After running for 10 months inflation-adjusted losses hit ZWL$343 million Datvest remains in a robust position, with ZWL$328 million i
Jul 24, 2023
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
Companies
CBZ-FML Acquisition Crumble: Competition and Tariff Commission Ruling Halts Deal
The Competition and Tariff Commission (CTC) has issued a ruling against CBZ Holdings' proposed acquisition of additional shares in First Mutual Holdings (FML). This decision follows CBZ's purchase of
Dec 10, 2024
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Top Stories
Seed Co Reports 93% Revenue Growth in FY25, but Government Debt, Currency Shift Weaken Profits
Seed Co, Zimbabwe’s leading seed company with a robust regional footprint, reported a 52% surge in sales volume for the fiscal year ended March 31, 2025 (FY2025), driven by strong demand in both domes
Jul 09, 2025Gold, Nickel Pushes Zimbabwe’s Exports to 6-Month Peak: But Import Bill Overshadow Gains
Zimbabwe’s merchandise exports reached a six-month high of USD 727.3 million in May 2025, reflecting a 9.6% month-on-month increase from USD 663.8 million in April 2025, according to Zimstat data. T
Jul 08, 2025