HomeBusiness DigestMultimedia: CBZ FY 2015 Financial results

Multimedia: CBZ FY 2015 Financial results

CBZ Holdings saw its profit after tax rising by 6,7% to $35,2 million in the full year to December 2015 from the previous year’s $33 million powered by a growth in total income. In the year ended December 31 2014, profit after tax was $33 031 383. The group’s total income surged to $184,2 million from $154,57 million in 2014 with the bulk of that coming from its banking unit, CBZ Bank. Read the full story

OR WATCH VIDEO of the presentation of the CBZ Holdings Full-year 2015 Financial results by the group chief finance officer Colin Mutasa

Meanwhile, CBZ Holdings has spent $50 million this year on contract farming and its funding will increase in future, an executive has said.

The funding was for contract farmers in maize, wheat, soya and tobacco production.

CBZ Holdings chief executive officer Never Nyemudzo (R) and group chief finance officer Colin Mutasa (L)
CBZ Holdings chief executive officer Never Nyemudzo (R) and group chief finance officer Colin Chimutsa (L). Picture by Tapiwa Zivira

Speaking on the sidelines of the company’s analyst briefing in Harare last week, CBZ Holdings chief executive officer Never Nyemudzo said the group was working largely with contract farmers… Read the full story

Scroll through the PDF Document below to read the full CBZ Holdings FY 2015 Financial results

[su_document url=”http://www.theindependent.co.zw/wp-content/uploads/2016/02/2015-CBZ-ful-YEAR-24-02-16-finalx2-.pdf”]

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