CABS secures US$25m AfDB facility
The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.
By Business Reporter
Dec. 21, 2023
Trio defrauds CABS bank
The trio is alleged to have manufactured a counterfeit metal driver’s licence with number 28918AH and Victor Dube’s identification number but having Usayi's face.
By Trevor Mutsvairo
Dec. 20, 2023
Econet defrauded
Manhombo allegedly took a CABS Zimdollar debit card belonging to one of his accomplices and removed the chip and implanted it into an FNB South African visa card.
By Trevor Mutsvairo
Dec. 6, 2023
Boost for Zim exporters as CABS secures US$40m Afreximbank facility
The trade finance line of credit facility was signed Friday on the sidelines of the Intra-African Trade Fair underway in Cairo, Egypt.
By Ndamu Sandu
Nov. 10, 2023
CABS partners Pick n Pay in breast cancer fight
CABS has pledged to donate two US cents for every transaction made on CABS Point of Sale (POS) machines at TM Pick n Pay stores throughout the month of October.
By Staff Reporter
Oct. 1, 2023
CABS records net surplus of ZWL$429bn
Net interest income increased by 41% to ZWL$53,06 billion mainly driven by growth in the loan book.
By Melody Chikono
Sep. 1, 2023
CABS loses $8m to fraudsters
Elijah Mugidho (51) and Patrick Nyamusangodza (40) were granted $200 000 bail each and had their case remanded to July 4 by magistrate Dennis Mangosi.
By Nqobizwe Thebe
Jun. 2, 2023
ConCourt sets aside RTGS/US$ High Court ruling
The seven-member ConCourt bench said it would avail the reasons for its decision later.
By Staff Reporter
May. 31, 2023
CABS inks eight correspondent banking deals
These banks are most likely to be used by domestic banks to service transactions that either originate or are completed in foreign countries.
By Mthandazo Nyoni
Apr. 28, 2023