Central Africa Building Society - The Zimbabwe Independent

Topic : Central Africa Building Society

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 taken to court for contempt

On November 3, 2023, Chimutashu was convicted of fraud and the court ordered that the US$45 000 held in Jubane's CABS account be released to UTS.

By Miriam Mangwaya May. 24, 2024

CABS secures US$25m AfDB facility

The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.

By Business Reporter Dec. 21, 2023

AFDB approves US$25 million loan facility for Zim firms.

The African Development Bank Group currently supports 13 initiatives in Zimbabwe valued at $144 million.

By Online Reporter Dec. 20, 2023

AFDB approves US$25 million loan facility for Zim firms.

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