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CBZ Holdings new acquisition still on hold

The country’s arguably largest financial institution, CBZ Holdings, has issued another cautionary statement in which it says it is in discussion to takeover a complimentary business. Group chief governance officer, Rumbidzayi Jakanani, in a statement said; “Further to the Cautionary Announcements issued on 18 June 2022, 21 July 2022, 29 August 2022, 27 September 2022,…

Zimbabwe , Nicholas-vingirai , Rumbidzayi-jakanani , Intermarket-holdings , Transnational-holdings , Zb-building-society , Zb-holdings , Zb-financial-holdings , Holdings-limited-the-company , Cautionary-announcements , Reserve-bank , Transnational-holdings-limited

ZB Financial Holdings Mulls Shutting Down Home Loan Unit

ZB Financial Holdings Limited, one of Zimbabwe's oldest financial institutions, made a shock announcement to the market that it was mulling a decision to shut down its mortgage lending unit. These revelations about the pending decision by the ZSE listed diversified financial institution were capture in an article carried by the Sunday Mail titled, "Crunch time…

Netherlands , Zambia , Zimbabwe , Zimbabwean , Rhodesia , Kuda-tagwirei , Nicholas-vingirai , Rumbidzayi-angeline-jakanani , Gideon-gono , Intermarket-holdings , Intermarket-bank , Zb-financial-holdings