CBZ Holdings has won the 2014 trophy for the best governed company on the Zimbabwe Stock Exchange while ABC Holdings was awarded the trophy for the best governed banking institution.
ZIMBABWE’S largest financial group CBZ Holdings has reported a 43,7% decline in after-tax profit for the first quarter ending March 31, compared to the same period last year.
A 28-YEAR-OLD Victoria Falls woman was arraigned before the Victoria Falls Magistrates’ Court yesterday facing allegations of defrauding her employer of $91 580.
ZIMBABWE’S incoming central bank governor John Panonetsa Mangudya will face a restricted role focusing on regulation because the country doesn’t have its own currency, Tony Hawkins, an economist and member of the bank’s board said
President Robert Mugabe has appointed John Mangudya, the head of Zimbabwe’s largest financial institution, as the governor of the central bank, state media reported on Sunday.
SOME companies that produce consumer products have declared dividends for the year ended December 31 2013, despite the depressed environment.
CBZ Holdings (CBZ) is in talks with the government to ensure farmers can use their land as security to access advance loans for agriculture operations.
Zimbabwe’s largest banking group CBZ Holdings has announced plans to issue a $200 million bond in April this year — double what it raised in the fixed income market last year — to boost its underwriting capacity, an official said on Wednesday as the group reported an 18,4% dip in after-tax profit.