Staff Writer
In a significant development for Zimbabwe, the United States Congress has introduced a Bill to repeal the Zimbabwe Democracy and Economic Recovery Act (ZEDERA) of 2001 which imposed sanctions on Zimbabwe.
The proposed legislation aims to guide US foreign policy towards Zimbabwe and has far-reaching implications for the country’s economic relations with the US and international financial
CABS champions ESG and environmental stewardship in 2025
Staff Writer
CENTRAL Africa Building Society (CABS) has taken bold steps to champion environmental sustainability, showing that financial institutions can lead the way in responsible corporate practices.
In line with its sustainability agenda and national energy objectives, CABS commissioned a solar power plant at its Northridge Park headquarters,
Staff Writer
Zimbabwe’s Minister of Health and Child Care, Dr Douglas Mombeshora, has commended the partnership between Old Mutual Zimbabwe and the Eye Institute, highlighting its impact on strengthening health delivery in Zimbabwe.
The partnership, which aims to tackle critical challenges in eye health, has made significant strides in restoring sight and dignity to senior citizens and vulnerable
Staff Writer
The Government recently reviewed Levies, Licenses, Fees and Permits for the Agriculture Sector as part of broader efforts to reduce the cost of doing business, foster economic growth, and improve the ease of doing business. The review, which started in July 2025, focuses on simplifying regulatory requirements, reducing bureaucratic hurdles, and promoting competitiveness, with specific
Staff Writer
HARARE, Zimbabwe is set to host the 29th Reinsurance Forum of the African Insurance Organisation (AIO), a gathering expected to bring together industry leaders, regulators, and policymakers from across the continent and beyond.
Slated for the 11th to the 15th of October 2025, the forum that will be at the Rainbow Towers Hotel in Harare will run under the theme “Growth for the African
Staff Writer
Zimbabwe’s largest building society, CABS, delivered strong financial performance in the first half of 2025, demonstrating its strategic focus and continued resilience.
During the same period, the Bank paid US$1.92 million and ZiG52.7 million in corporate tax in response to the new legislation that now requires building societies to pay corporate tax; hence, the Bank has been compliant
Staff Writer
Zimre Holdings Limited (ZHL) is banking on strategic partnerships and balance sheet optimisation to strengthen returns for shareholders and expand its footprint across Africa.
Speaking on the sidelines of the group’s annual general meeting recently, Zimre chief executive officer Stanley Kudenga said ZHL was under pressure to deliver stronger returns on capital and is turning to asset
Staff Writer
FIRST Mutual Holdings Limited (FMHL) says it is eyeing Zimbabwe’s informal sector as a key growth frontier, with the group unveiling plans to take its products directly to small businesses and entrepreneurs who have traditionally been excluded from mainstream financial services.
Speaking on the sidelines of the group’s annual general meeting recently, FMHL chief executive officer
CABS balance sheet soars 18,3% in first half of 2025
Staff Writer
CABS’ balance sheet grew by 18,3% to ZiG15,21 billion for the half year ended June 30, 2025, largely driven by credit line inflows and increased lending. This was up from ZiG12,85 billion recorded at the end of 2024.
During the period under review, CABS’ credit lines rose to ZiG1,83 billion from ZiG1,42 billion in December 2024,
Staff writer
FINANCIAL jagganaut,CBZ Holdings Limited says it is looking at expanding its micro-insurance products to appeal to the market adding that it will take value from its micro-finance business going into the future.
This comes as the firm says it has several insurance products in the sector including the hospital cash plan and comfort shore plan among others.
Responding to questions