CABS takes US$15m hit from new tax

The growth was driven by a fair value adjustment gain of US$2,64 million and a recovery in investment-related income, which rebounded from a prior-year loss of US$6,54 million.
By Tatira Zwinoira 3h ago

CABS lines up new credit facilities to power lending growth

CABS is in advanced negotiations to secure additional lines of credit to support lending to productive sectors of the economy, as the building society moves to expand financing for key industries.
By Tatira Zwinoira Mar. 30, 2026

Banks battle NPLs surge

A non-performing loan (NPL) is a sum of borrowed money, whose scheduled payments have not been made by the debtor for a period of time – usually 90 or 180 days.
By Kudzai Kuwaza Jan. 6, 2023

Banks exploring lending in forex

This was in part due to local currency depreciation, as well as, exogenous factors, such as the increase in international prices of food and fuel.   
By Kudzai Kuwaza Jan. 6, 2023

Confidence will drive financial inclusion: BAZ

Mpofu said for the informal sector to access credit lines, they must have bank accounts.
By Melody Chikono Oct. 23, 2022