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