One of the largest banks in Zimbabwe, CBZ, has retrenched 347 employees out of a total 1,448. The bank retrenched the employees last week following a “restructuring exercise” that started in O ...

FINANCIAL services behemoth, CBZ Holdings Limited has announced the redundancy of 347 employees affected by a restructuring exercise that started last year.During inception of the lay-off last year, ...

The financial struggles in Zimbabwe continue to worsen as the Commercial Bank of Zimbabwe (CBZ) reportedly retrenches a significant number of employees. A leaked internal memorandum reveals the ...

The bank had a staff complement of 1,448 staff before the so-called restructuring.CBZ’s decision to downsize comes against the backdrop of a struggling economy characterised by hyperinflation ...

In a leaked internal memorandum it seems the Commercial Bank of Zimbabwe (CBZ) has retrenched a huge number of employees as of today. Though the memo was a bit shy of calling a spade a spade, reports ...

The bank had previously informed employees of the retrenchment exercise during a staff town hall meeting on January 21, 2025. CBZ assured workers that emails detailing their employment status would be ...

The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is ...

bank operations), Richard Mangi (investment banking executive), Simbarashe Mhungu (chief operating officer, Agro Yield), and Hasmon Bvumburai (general manager, CBZ properties). In a statement ...

Coinbase is demanding US regulators finally let banks jump into the crypto industry. The company sent letters to top ...

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