Harare

Zimbabwe's CBZ Holdings Unveils New Board of Directors to Steer Transformation and Growth

Retrieved on: 
Tuesday, April 7, 2020
Harare, CBZ Holdings, CBZ, Marc Holtzman

Board plans to increase market share, integrate businesses and enhance role of digital services

Key Points: 
  • Board plans to increase market share, integrate businesses and enhance role of digital services
    HARARE, Zimbabwe, April 7, 2020 /PRNewswire/ -- Zimbabwe's largest financial institution, CBZ Holdings, today announced the appointment of a new Board of Directors to oversee the bank's transformation strategy.
  • Marc Holtzman, Chairman of the Board of Directors, commented: "Today's announcement is a major milestone for CBZ Holdings, one that lays the foundation for our future success.
  • "CBZ Holdings market capitalization is but a fraction of what we believe to be its true value.
  • CBZ aims to become the gateway for foreign investment in Zimbabwe, supporting the country's economic growth, boosting its human capital and creating opportunities for global partnerships.

Zimbabwe's CBZ Holdings Unveils New Board of Directors to Steer Transformation and Growth

Retrieved on: 
Tuesday, April 7, 2020
Harare, CBZ Holdings, CBZ, Marc Holtzman

HARARE, Zimbabwe, April 7, 2020 /PRNewswire/ -- Zimbabwe's largest financial institution, CBZ Holdings, today announced the appointment of a new Board of Directors to oversee the bank's transformation strategy.

Key Points: 
  • HARARE, Zimbabwe, April 7, 2020 /PRNewswire/ -- Zimbabwe's largest financial institution, CBZ Holdings, today announced the appointment of a new Board of Directors to oversee the bank's transformation strategy.
  • Marc Holtzman, Chairman of the Board of Directors, commented: "Today's announcement is a major milestone for CBZ Holdings, one that lays the foundation for our future success.
  • A key component to the bank's success is recruiting the best talent, starting with those at the most senior level.
  • "CBZ Holdings market capitalization is but a fraction of what we believe to be its true value.

Zimbabwe Moves to Implement Motlanthe Commission Recommendations on 2018 Post-election Violence

Retrieved on: 
Wednesday, October 16, 2019
Africa, Countries, Kgalema Motlanthe, Zimbabwe, Harare, Sibusiso Moyo, Emmerson Mnangagwa

HARARE, Zimbabwe, Oct. 16, 2019 /PRNewswire/ -- Zimbabwe is taking action to implement the recommendations of the Motlanthe Commission, according to the country's Minister of Foreign Affairs Sibusiso Moyo.

Key Points: 
  • HARARE, Zimbabwe, Oct. 16, 2019 /PRNewswire/ -- Zimbabwe is taking action to implement the recommendations of the Motlanthe Commission, according to the country's Minister of Foreign Affairs Sibusiso Moyo.
  • The commission was headed by former South African president Kgalema Motlanthe and included a British human rights barrister and a former Commonwealth secretary-general.
  • Its key recommendations included reforming Zimbabwe's laws and prosecuting those responsible for the violence.
  • He pointed out that international support would strengthen the pace of reform in Zimbabwe and the government's drive for reconciliation and justice.

Zimbabwe Moves to Implement Motlanthe Commission Recommendations on 2018 Post-election Violence

Retrieved on: 
Wednesday, October 16, 2019
Africa, Countries, Kgalema Motlanthe, Zimbabwe, Harare, Sibusiso Moyo, Emmerson Mnangagwa

HARARE, Zimbabwe, Oct. 16, 2019 /PRNewswire/ -- Zimbabwe is taking action to implement the recommendations of the Motlanthe Commission, according to the country's Minister of Foreign Affairs Sibusiso Moyo.

Key Points: 
  • HARARE, Zimbabwe, Oct. 16, 2019 /PRNewswire/ -- Zimbabwe is taking action to implement the recommendations of the Motlanthe Commission, according to the country's Minister of Foreign Affairs Sibusiso Moyo.
  • The commission was headed by former South African president Kgalema Motlanthe and included a British human rights barrister and a former Commonwealth secretary-general.
  • Its key recommendations included reforming Zimbabwe's laws and prosecuting those responsible for the violence.
  • He pointed out that international support would strengthen the pace of reform in Zimbabwe and the government's drive for reconciliation and justice.

Steward Bank and Youtap Launch Mobile Money Services in Zimbabwe

Retrieved on: 
Wednesday, September 4, 2019
Economy, Payment systems, Financial services, Harare, Banking, Mobile payments, Contactless payment, Radio-frequency identification, Steward Bank, NETS

SINGAPORE and HARARE, Zimbabwe, Sept. 4, 2019 /PRNewswire/ -- Leading Zimbabwe financial institution Steward Bank and Youtap have partnered to launch, contactless payment services for Steward Bank customers in Zimbabwe.

Key Points: 
  • SINGAPORE and HARARE, Zimbabwe, Sept. 4, 2019 /PRNewswire/ -- Leading Zimbabwe financial institution Steward Bank and Youtap have partnered to launch, contactless payment services for Steward Bank customers in Zimbabwe.
  • The new service provided by Steward bank will allow customers to use e-money to pay at the point of sale and for selected transport services.
  • Agency banking solutions built around a digital wallet will allow Steward Bank customers to have greater access and control of their accounts.
  • Chris Jones, CEO and Founder of Youtap, was enthusiastic, saying, "We are excited to work with Steward Bank on this launch.

Zimbabwe Forges Ahead With Reform Programme

Retrieved on: 
Monday, July 8, 2019
Geography of Africa, Africa, Countries, Republics, Zimbabwe, Harare, Hyperinflation in Zimbabwe, Reserve Bank of Zimbabwe

HARARE, Zimbabwe, July 8, 2019 /PRNewswire/ -- The Zimbabwean government has eased restrictions on the use of foreign currency as part of its reform programme, a week after it abolished the use of foreign currency as legal tender.

Key Points: 
  • HARARE, Zimbabwe, July 8, 2019 /PRNewswire/ -- The Zimbabwean government has eased restrictions on the use of foreign currency as part of its reform programme, a week after it abolished the use of foreign currency as legal tender.
  • These reforms are part of a wider effort to open up the economic, political, and media spaces.
  • Zimbabwe is running a surplus budget for the first time in years and with fiscal control in place is now taking control of its monetary situation.
  • Last week, Zimbabwe was upgraded by the World Bank from a low income to a lower middle income country.

Zimbabwe Forges Ahead With Reform Programme

Retrieved on: 
Monday, July 8, 2019
Geography of Africa, Africa, Countries, Republics, Zimbabwe, Harare, Hyperinflation in Zimbabwe, Reserve Bank of Zimbabwe

HARARE, Zimbabwe, July 8, 2019 /PRNewswire/ -- The Zimbabwean government has eased restrictions on the use of foreign currency as part of its reform programme, a week after it abolished the use of foreign currency as legal tender.

Key Points: 
  • HARARE, Zimbabwe, July 8, 2019 /PRNewswire/ -- The Zimbabwean government has eased restrictions on the use of foreign currency as part of its reform programme, a week after it abolished the use of foreign currency as legal tender.
  • These reforms are part of a wider effort to open up the economic, political, and media spaces.
  • Zimbabwe is running a surplus budget for the first time in years and with fiscal control in place is now taking control of its monetary situation.
  • Last week, Zimbabwe was upgraded by the World Bank from a low income to a lower middle income country.