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CBZ Commits US$254 Million Despite Mining Sector Risk, Eyes Bigger Role in Funding Gap

One of Zimbabwe’s largest financial institutions, CBZ Holdings, says it has invested a substantial US$254 million into the country’s mining sector — a bold commitment made in the face of perceived high sectoral risks and persistent...

CBZ Secures USD 50M Credit Line to Boost Mining Sector Supply Chain

Cape Town, South Africa — CBZ Bank Ltd has signed a USD 50 million Trade and Working Capital line of credit with the African Export-Import Bank (Afreximbank) to support export-oriented businesses across Africa. The agreement, signed...

CBZ to Avail US$200 Million Facility to Empower Mining Suppliers

Leading financial institution CBZ Holdings is set to provide a US$200 million financing facility through its Enterprise Supply Chain Development (ESD) program to support suppliers in the mining sector. This facility follows the success of a...

Mining Claims can now be used as collateral when borrowing – CBZ

Mining claim can now be used as collateral when one borrows from CBZ.Speaking at the Zimbabwe Miners Federation (ZMF) event currently underway at Odyssey in Kadoma CBZ Bank representative Mr Foster Mxoli said viable mining claims...

Freda Rebecca enters the gold buying market, partners CBZ

Freda Rebecca Gold Mine, a subsidiary of Landela Investments has entered the gold buying market. The Bindura based entity set itself a monthly target to buy one tonne of gold over the next three years.This will...

CBZ and Ecobank cash leaks simply solved

With the new introduction of new versions of $2 coins the country expected some form of failure and disappointment as it usually is and already we have witnessed individuals caught with cash amounting to over $44...

Breaking: CBZ implicated black market money supply schemes

Commercial Bank of Zimbabwe (CBZ Holdings) has been implicated in parallel market money laundering schemes, Mining Zimbabwe has learnt.Popular Twitter personality @matigary has said the Bank has been caught smuggling notes and coins to the black...

Caledonia Lines Up US$150m Local Bank Facility to Drive Bilboes Development

Caledonia Mining Corporation Plc has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million to support development of the Bilboes gold project, Mining Zimbabwe can...

Mimosa Secures US$15 Million to Boost Local Suppliers

Zvishavane-based platinum producer Mimosa Mining Company has partnered with local banks to raise about US$15 million to support its Local Enterprise Development (LED) programme, in a bid to strengthen local supply chains and promote domestic manufacturing,...

Karo Platinum Advances Project as It Seeks $165M to Complete Zimbabwe’s Next Major PGM Operation

Karo Platinum, a Zimbabwean platinum group metals (PGM) project owned by Tharisa, is ramping up construction at its Chegutu site as it works to close a $165 million funding round critical to completing the first phase. By...

Mining Zimbabwe distributing edition 77 at Mining Indaba 2025

Cape Town, South Africa – Mining Zimbabwe, the leading publication covering Zimbabwe’s mining sector, is proud to announce the distribution of its highly anticipated Edition 77 at the Investing in African Mining Indaba 2025, the continent’s...

Mimosa’s Local Development & Supplier Support Programs Boost Local Industry

Mimosa Mining Company’s (MMC) Local Enterprise Development (LED) and Supplier Support Program (SSP) are yielding positive results, as the PGM miner has so far capacitated five of its suppliers, some of whom are already exporting to...

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