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US$125m Bank deal powers Mutapa gold production drive

Staff Reporter HARARE – Zimbabwe’s commercial banks have mobilised US$125 million to finance the expansion of state-backed Mutapa Gold Resources (MGR). The funding will support the...

CBZ plans US$50mln bond issue, targets 20% bottomline rise at F25

Itai Ndongwe HARARE - The country's largest commercial bank, CBZ Holdings, is planning to raise US$50 million through a bond issue before the end of...

CBZ posts robust Q3 profit

HARARE - Financial services group CBZ Holdings posted an 1136% growth in profit after tax of $794 billion in the nine months to September...

Steward Bank names Courage Mashavave as CEO

HARARE – Cassava Smartech subsidiary, Steward Bank has announced Courage Mashavave as its new chief executive effective February 2020. Mashavave joins the banking group from...

CBZ Holdings retires six key executives

HARARE – CBZ Holdings has separated with six key managers as part of a restructuring programme which seeks to also address challenges of an...

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