CABS records net surplus of ZWL$429bn
Net interest income increased by 41% to ZWL$53,06 billion mainly driven by growth in the loan book.
By Melody Chikono
Sep. 1, 2023
CABS loses $8m to fraudsters
Elijah Mugidho (51) and Patrick Nyamusangodza (40) were granted $200 000 bail each and had their case remanded to July 4 by magistrate Dennis Mangosi.
By Nqobizwe Thebe
Jun. 2, 2023
ConCourt sets aside RTGS/US$ High Court ruling
The seven-member ConCourt bench said it would avail the reasons for its decision later.
By Staff Reporter
May. 31, 2023
CABS inks eight correspondent banking deals
These banks are most likely to be used by domestic banks to service transactions that either originate or are completed in foreign countries.
By Mthandazo Nyoni
Apr. 28, 2023
High Court delivers landmark judgment on US$/RTGS conversion
Beattie and Stone were the joint applicants who were represented by Tererai Mafukidze instructed by Tendai Biti.
By Kudzai Kuwaza
Feb. 17, 2023
Farmers to tap into US$10m CABS credit facility
The agricultural sector is key to Zimbabwe’s economy for domestic production, exports, and employment and Norsad’s facility would support sustainable livelihoods.
By Mthandazo Nyoni
Nov. 22, 2022
CABS strikes deals to expand scope
Correspondent banks provide services to other banks, usually in another country.
By Melody Chikono
Sep. 2, 2022
CABS Smashing T20, where stars are born
The tournament features the top cricket schools in Zimbabwe, St Andrews from South Africa and Windhoek from Namibia.
By The Southern Eye
Aug. 28, 2022
CABS Smashing T20, where stars are born
The tournament features the top cricket schools in Zimbabwe, St Andrews from South Africa and Windhoek from Namibia.
By The Southern Eye
Aug. 28, 2022