A MAKOKOBA resident was on Monday defrauded of $26 612,97 by suspected cyber criminals after they allegedly hacked his bank account by sending text messages instructing him to punch a code which gave ...
By Staff reporter | Published: 10 October 2019
CABS is merging its Greendale and Chisipite branches with effect from February 25 as a way of enhancing its digitalisation efforts.In a statement, the bank which boasts of more than 50 branches across...
By Staff reporter | Published: 02 January 2019
THE Central Africa Building Society (CABS) has introduced a prepaid MasterCard as part of efforts to bring international transactional convenience to the market. Managing director, Simon Hammond, said...
By Staff reporter | Published: 05 December 2018
FINANCE minister Mthuli Ncube has urged banks to diversify and develop business models tailored to meet special requirements of the unbanked and underserved segments of the population.Ncube was speaki...
By Staff reporter | Published: 03 December 2018
CABS emerged the top-performing bank at this year's edition of the Zimbabwe Independent Banks and Banking Survey ceremony, which was held in Harare last night.CBZ was the first runner-up, followed by ...
By Staff reporter | Published: 30 November 2018
OVER 300 000 CABS depositors will struggle to access their funds, as cash in building society's coffers significantly dropped to $2,09 million in the full year ending December 31, 2017 from the compar...
By Staff reporter | Published: 19 March 2018
LEADING mortgage lender Central African Building Society (CABS) says it has invested in excess of US$6 million in Pumula South and Nkulumane housing stands with the combined uptake, including the Budi...
By Staff reporter | Published: 16 March 2018
The government's re-engagement efforts with multilateral finance institutions continue to bear fruit with the signing of a US$25 million trade finance agreement between the African Development Bank (A...
By Staff reporter | Published: 14 March 2018
FINANCIAL services provider, Central Africa Building Society (CABS), is set to splash millions of dollars sprucing up its branch network countrywide as it seeks to retain its refreshing appearance in ...
By Staff reporter | Published: 06 February 2018
Mortgage lender, CABS, have reported a steady increase in the uptake of its houses in Harare's high-density suburb of Budiriro following a review of the bank's lending conditions. The low-cost housing...
By Staff reporter | Published: 05 October 2017
Mortgage lender, CABS profit for the half year to June 30, 2017 amounted $16 million, which was 20 percent lower than $20 million reported in the same period last year.The decline was on the back of ...
By Staff reporter | Published: 14 August 2017
Harare City Council is concerned with the low uptake of houses at the Budiriro CABS Housing Scheme and is now considering leasing the houses after only 800 out of 2 879 were occupied even after scrapp...
By Staff reporter | Published: 14 July 2017
CABS is running unsecured payroll lending at $127 million and corporate sector loans amounting to just under $100 million including to the Distressed and Marginalised Areas Fund. Unveiling CABS new co...
By Conrad Mwanawashe | Published: 24 July 2014
Banking giant Cabs says it will seek to raise at least $70 million dollars in lines of credit by the end of the year from its mortgage securitisation deal.Speaking at the launch of the bank's new look...
By Staff reporter | Published: 23 July 2014
CABS has suspended disbursement of monies to the Youth Fund due to the high rate of default on re-payments.CABS managing director Kevin Terry told a Parliamentary Portfolio Committee on Youth, Indigen...
By Staff reporter | Published: 04 July 2014
Central Africa Building Society (CABS) says the $62 million low cost housing scheme in Budiriro is nearing completion with units expected to be handed over to buyers by the end of the first quarter.In...
By Staff reporter | Published: 20 March 2014
PROPARCO, a French Development Finance Institution yesterday signed a five-year loan agreement for $10 million with CABS. Proparco, which also signed a $10 million loan agreement with NMBZ following t...
By Business Reporter | Published: 20 March 2014
CABS says it will lend $100 million in mortgaging financing this year and has doubled the repayment period in a boost for the property sector.Responding to questions from NewsDay, CABS managing direct...
By Staff reporter | Published: 05 March 2014
THE country's largest building society, CABS, has since 2010 disbursed $125,7 million in mortgage finance for 440 units, mostly low cost.Speaking at the Real Estate Institute of Zimbabwe workshop yest...
By Staff reporter | Published: 06 December 2013
ZIMBABWE'S largest mortgage lender CABS has channelled $112 million into housing development over the last three years as liquidity constraints continue to bite the economy, the company has said.CABS...
By Staff reporter | Published: 30 October 2013
ZIMBABWE'S largest mortgage lender, Central African Building Society (Cabs), recorded a surplus of $10,7 million in the first half of the year helped by an improvement in interest and non-interest in...
By Staff reporter | Published: 06 October 2013
CABS is set to review upwards loans availed to players in the Small to Medium Enterprises sector from $50 000, an official has said.Addressing local businesspeople attending a ZimTrade business traini...
By Staff reporter | Published: 16 September 2013
THE Central African Building Society has remained on a solid growth path after net surplus in the interim to June 2013 rose 11 percent to $10,6 million driven by increases in both interest and non-int...
By Business reporter | Published: 29 August 2013
Zimbabwe's largest mortgage lender, CABS Building Society, said the construction of the Budiriro housing project is underway amid plans to roll out the housing scheme in October, a company official ha...
By Business reporter | Published: 26 August 2013
ECONET Wireless Zimbabwe has launched a scathing attack on CABS accusing the building society of campaigning against its mobile phone money transfer service, EcoCash, because it offers a similar pro...
By Business Reporter | Published: 10 June 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
