Swaziland

Customer Care

Telephone
Telephone (for lost cards)

+263 (242) 883823/33

+263 (242) 252861-7

Hours
8:00am to 3:30pm Monday to Friday
8:00am to 11:30am Saturday

Email
management@cabs.co.zw
support@cabs.co.zw

Registered Head Office

Address
Northend Close
Northridge Park
Highlands,
Harare

Postal Address
P.O. Box 2798, Harare
Zimbabwe

 

Name
Address
Telephone
Region

Arundel
14 Forest Road Arundel Village Arundel Harare
+263 24 369979
Harare & Mashonaland

Ascot Byo
Shop 1&2 Ascot Complex Bulawayo

Byo & Matabeleland

Avondale
Shop 9 Stand 12A Avondale Shopping Centre, Harare
+263 24 308686/308915
Harare & Mashonaland

Beitbridge
349 Jsticis Road Beitbridge
+263 85 23338
Byo & Matabeleland

Bindura
29 R.G. Mugabe Street Bindura
+263 66 6543/7056

Borrowdale CABS
Shop11, 52 Borrowdale Road, Borrowdale, Harare

Harare & Mashonaland

Bulawayo
CABS Centre Bulawayo
+ 263 29 75902/75991
Byo & Matabeleland

Bulawayo Fife St
Fife St Between 9th and 10th Ave Bulawayo
+263 29 75991/75902
Byo & Matabeleland

CABS Centre Bulawayo
98 Jason Moyo St Bulawayo

Byo & Matabeleland

Central Avenue
Corner Fourth Street/Central Avenue Harare
+263 24 252861-7
Harare & Mashonaland

Chegutu
593/4 Charles Street Chegutu
+263 68 2400/3980
Harare & Mashonaland

Chinhoyi
11 Magamba Way/Cnr Independence way Chinhoyi
+ 263 67 22112/22307
Harare & Mashonaland

Chipinge
Main St, Chipinge Zimbabwe
+ 263 27 204 2282/3
Manicaland

Chiredzi
349 Chilonga Drive Chiredzi
+263 31 2694
Midlands & Masvingo

Chisipite
85 Hindhead Avenue Chisipite Shopping Centre Harare
+ 263 24 496208
Harare & Mashonaland

Chitungwiza CABS
Shop 6 Chitungwiza Town Centre Chitungwiza
+263 24 31136
Harare & Mashonaland

Chivhu
Cloete St Chivhu Zimbabwe
+ 263 54 2528/2312
Midlands & Masvingo

Chivhu
Cloete St, Chivhu, Zimbabwe

Midlands & Masvingo

Dangamvura
Shop 12 Old Mutual Complex Dangamvura Mutare
+263 20 30363
Manicaland

Fife Avenue
Corner Fifth Street/Fife Avenue

Harare & Mashonaland

First Street
Corner First Street & George Silundika Harare
+263 24 700611/22
Harare & Mashonaland

Five Avenue
Athenitis Spar Supermaket Fife Avenue Shopping Centre Harare.

Harare & Mashonaland

Gokwe
Stand No. 3816 Gokwe Zimbabwe
+263 59 2295
Midlands & Masvingo

Greendale
304 Arcturus Road Kamfinsa Shopping Centre Greendale Harare
+263 24 480913
Harare & Mashonaland

Gutu
Stand 353 Mupandawana Growth Point Gutu
+263 39 2315/2791
Midlands & Masvingo

Gwanda
628 Soudan St Gwanda Zimbabwe
+ 263 84 22444
Byo & Matabeleland

Gweru
CABS Centre Gweru
+ 263 54 222051/8
Midlands & Masvingo

Hauna
Hauna Growth Point Manicaland
+ 263 26 2470
Manicaland

Highfield
976 Jabavu Drive Machipisa Shopping Centre Highfield Harare
+ 263 24 667516
Harare & Mashonaland

Highglen
Stand 457 Willowvale T/ship Harare
+263 24 692263/73
Harare & Mashonaland

Hwange
24 Coronation Drive Hwange Zimbabwe
+ 263 81 22711
Byo & Matabeleland

Kadoma
68 Newton Street Kadoma
+ 263 68 23538/24314
Harare & Mashonaland

Kariba
133 Makuti Road Kariba
+ 263 61 6202/0261/6274
Harare & Mashonaland

Karoi
Stand 95 Karoi
+ 263 61 6256/7641
Harare & Mashonaland

Kwekwe
Cnr 4th Ave & N/Mandela Way Kwekwe
+ 263 55 22888/9
Midlands & Masvingo

Letombo
77-79 Amby Drive Letombo Harare
+263 24 447787
Harare & Mashonaland

Marondera
Stand 68 The Green Marondera
+ 263 65 27258/25425
Harare & Mashonaland

Masvingo
402 R Mugabe Way Masvingo Zimbabwe
+ 263 39 262391/2
Midlands & Masvingo

Mt Darwin
Stand 187 Mt Darwin
+ 263 66 2678/2543
Harare & Mashonaland

Mt Pleasant
Mt. Pleasant Shopping Centre Bond Street Harare
+ 263 24 303144
Harare & Mashonaland

Murambinda
Stand 107 Murambinda Gwroth Point Murambinda
+ 263 25 2248
Manicaland

Murewa
Stand 247 Murewa Growth Point Murewa
+263 65 22119
Harare & Mashonaland

Mutare
CABS Centre Mutare.
+ 263 20 63529/64311
Manicaland

Mutare CA House
81 Herbert Chitepo Street Mutare
+263 20 64311
Manicaland

Mutual Gardens
Old Mutual Head Office 100 The Chase Harare
+ 263 24 336857
Harare & Mashonaland

Northridge Park
Northend Close Northridge Park Highlands Harare.
+ 263 24 883823-59
Harare & Mashonaland

Norton
Stand 525A Cornmarket Crescent Norton Town Centre Norton
+ 263 24 3538/2830
Harare & Mashonaland

Nyanga
Stand 255 Rochdale Nyanga
+ 263 26 8550/0329 2098 550
Manicaland

OM Green Zone
CABS Center Cnr Sam Njoma & Jason Moyo Harare
+263 24 707731-4
Harare & Mashonaland

Park Street
1 Park Street /Cnr Jason Moyo Avenue Harare
+ 263 24 756656/756538/781171
Harare & Mashonaland

Plumtree
223 Kingsway Plumtree
+ 263 89 2441/2677
Byo & Matabeleland

Rusape
Stand 796 18 Robert Mugabe Street Rusape
+ 263 25 205 2664/1966/1968
Manicaland

Victoria Falls
306 Parkway Drive Victoria Falls Zimbabwe
+ 263 83 44642
Byo & Matabeleland

Zvishavane
17 Fowler Avenue Zvishavane
+ 263 39 2421
Midlands & Masvingo

 

CBZ Bank Limited is a wholly owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH). CBZH provides a complete range of financial services through various subsidiaries whose activities include banking, short and long term insurance, asset management, securities trading and property investments.

CBZ Bank Limited, the flagship of the group is a registered commercial bank offering a wide range of innovative banking and financial services solutions to personal and corporate customers through the following:

Retail Banking

Corporate & Merchant Banking

E-Banking & Card Services

Mortgage Finance

Agribusiness

Advisory services

Asset Finance

Wealth Management

Treasury

Trade Finance & International Banking

Custodial Services

Established in 1980 as the Bank of Credit and Commerce Zimbabwe Limited (BCCZ) that was a joint venture between the Government of Zimbabwe and the Bank of Credit and Commerce International Holdings Limited (BCCIH).

Turnaround

In 1991, the government of Zimbabwe saved the BCCZ from collapse by acquiring total shareholding in the Bank. BCCZ acquired a new identity as Commercial Bank of Zimbabwe (CBZ). The Bank’s new identity was augmented by the appointment of a new team of management whose mandate was to steer CBZ to growth and success. The first major turnaround occurred in May 1995 when a decision was taken to remove non performing loans from the normal portfolio of advances. These were placed under the separate entity, Commercial Bank of Zimbabwe Nominees Limited (CBZN). This strategy allowed the more efficient mobilisation of financial resources and enabled greater focus on critical issues of banking business and rehabilitation of all delinquent advances.

Diversification

CBZ’s diversification drive started in 1997 when the Zimbabwean Government sold its shareholding in the Bank in a bid to adequately capitalise it. An agreement was reached with the Amalgamated Banks of South Africa (ABSA) to become the Bank’s technical partner. ABSA took up 25% in shareholding.

Apart from ABSA, the International Finance Corporation, an arm of the Word Bank, acquired a further 15% of equity. Nonetheless, the greater part of CBZ shares (55%) were issued to the public when the Bank fully privatised and was listed on Zimbabwe Stock Exchange on 29 June 1998.

By then the Bank had become the third largest in Zimbabwe in terms of deposits. It has also diversified its financial services range with the most significant addition being the establishment of the Microfinance Unit to support small to medium sized business enterprises.

Growth Through Diversification

In 2004 a new vision was adopted. This refocus propelled the establishment of CBZ Holdings (CBZH) as an entity poised to provide all client segments with a one-stop shopping experience for financial services. When CBZ Holdings Limited was operationalised in June 2005, period of intense growth through diversification began.

The Bank became a subsidiary of the holding company and was renamed CBZ Bank Limited. CBZ Asset Management (Private) Limited trading as Datvest was incorporated under the CBZ Group following the acquisition of its entire issued share capital in June 2005.

Adding to its interests in commercial banking and asset management, CBZH then ventured into the property sector in 2006 by registering and launching another subsidiary, CBZ Properties (Private) Limited. In 2006 CBZ Holdings, in partnership with other investors also set up a short term insurance company, Optimal Insurance (Private) Limited, which began operations in July of the same year.

CBZ Holdings continued in its concerted efforts to seek and obtain opportunities to extend the Group’s national footprint. In January 2007, the CBZ Group issued an announcement to shareholders advising of its complete acquisition of Beverly Building Society. Notably, this development made mortgage financing facilities available to clients of the Group and enhanced business synergies. In addition, there was a marked increment of value for shareholders.

CBZ Holdings’ track record has been achieved through a combination of organic growth, acquisitions, innovation and creating extra sources of revenue through the start-up and development of completely new businesses such as CBZ Securities, CBZ Properties and CBZ Life.

Consolidation

In 2010 CBZ Holdings started an operational integration process that has resulted in the consolidation of the Bank and the Building Society resulting in the Bank Offering a one-stop shop facility to its clients. This means that the Group now offers Banking and home financing products and services available under one roof. Operationally, this consolidation means that there are no free-standing CBZ Building Society branches. Instead, the services previously offered through these branches are now available at the nearest CBZ Bank branch, to which Building Society clients were migrated.

Mortgage Finance and other products previously offered through CBZ Building Society are now part of CBZ Bank’s range of products bringing cost saving for both the group and its clients. .

The consolidation also means that a platform has now been created for product development innovation, which means finding more ways to make banking an even more enjoyable experience for clients.

CBZ Asset Management Private Limited T/A Datvest is a wholly owned subsidiary of the diversified and listed financial services Group CBZ Holdings (CBZH). Datvest is one of the largest asset management companies in Zimbabwe and currently manages over US$140 million in assets on the stock market, fixed income market, property market and other asset classes.

Datvest, the asset management division of the CBZH Group is registered by the Securities and Exchange Commission of Zimbabwe (SECZ). Datvest offers a wide range of managed investment portfolio services to pension funds, corporates and individual investors through the following:

Pension Fund Portfolio Management

Private Client Equity and Money Market Portfolio Management

Fixed Income Investments

Property Investments

Unit Trust Investments

Advisory Services

History

Datvest, traces its beginnings back to 1990 when Dataworld (Private) Limited was incorporated. We have acquired a significant level of experience over the past twenty-three years and in so doing have become one of the largest asset managers in Zimbabwe. Our track record over this period speaks for itself and is reflected in our prestigious client base of high net worth individuals, corporate entities, pension funds and unit trust clients.

This, coupled with a dedicated, experienced and highly qualified management team allows us to give clients the efficient service for which we have become renowned.

Capabilities

Our Investment Objective is to “Exceed agreed benchmarked returns over a rolling three year period using a Balanced Methodology. We believe that a suitable weighting should be assigned to each asset class represented in a fund, dictated by the nature of the investor’s liabilities, which combine to produce a diversified portfolio. Upon taking on a new client, we meet with the trustees and agree strategy and core buying lists around which we build a portfolio. We utilise a focused portfolio methodology and our equity portfolios are relatively low risk and are approved by Trustees in terms of our Strategic Plan.

We use various tools to select our investments and these are crosschecked firstly against fundamental and technical indicators and secondly against our own business knowledge of the Zimbabwean companies and the economy. Full use is made of internet capabilities and we continually keep abreast of international investment trends through regular training and our association with international investment houses. Derivative instruments, such as futures and options, will not be included in the portfolio unless specifically agreed to. Our unique mix of skills ensures a well-rounded view when it comes to analysing investment opportunities and we have the luxury of the most comprehensive financial and economic database in Zimbabwe to support this important process.

CBZ Risk Advisory Services (Pvt) Limited is a registered insurance broker which is 100% owned by CBZ Holdings Limited. The subsidiary was established in 2017 and is among the top 5 Insurance Brokers in Zimbabwe in terms of market share. CBZ Risk Advisory Service (Pvt) Ltd has unrivalled expertise in Insurance Broking and Risk Advisory services. Its expertise cuts across the various sectors providing comprehensive and cutting edge solutions to the various industries. 

CBZ Risk Advisory Services (Pvt) Ltd boasts of a team that is highly experienced and qualified to offer insurance and risk management expertise. The team leverages on digital capabilities to deliver a comprehensive and differentiated value proposition to cater for the different industries.

CBZ Risk Advisory Services (Pvt) Ltd offers the following services:

Short Term Insurance Broking

Captive Management

Claims Management Consultancy

Risk Assessment & Advisory

Employee Benefits Consulting Services

Pension Advisory Services

Healthcare Consulting

CBZ Properties (Private) Limited is a real estate development, investment and management company which is 100% owned CBZ Holdings Limited. Incorporated in 2004 the company has years of successful experiences in real estate development and management. Our simple business principle is that our only concern in a real estate transaction is the customer.

With a focused direction, we continue to expand our real estate portfolio with the expertise of a talented team and partnerships. We provide a quality of service that is unique to the industry and delivers a distinct comparative advantage. Our knowledge of the property industry results in a better understanding of our clients’ requirements and expectations. This allows us to quickly respond to our client’ changing needs. Creativity, capacity and value are hallmarks of each project.

Our property development team has developed in excess of 2.0 million square metres of housing projects, office and industrial space.

The property management team manages over 100,000 squares metres of residential, office, commercial and industrial space. CBZ Properties has the expertise to see value in existing real estate products and respectfully re-purpose them into valuable assets. The experience gained through analysing, developing, leasing and managing these long-term assets enhances CBZ Properties’ reputation in the Zimbabwean real estate market.

Furthermore, our access to such a unique property database enables us to analyse market and technological conditions and changes with a high degree of precision. This enables us to provide the most accurate market values of assets and forecast future trends in values, analysis of trends in the performance of real estate investments in comparison with other asset classes. Additionally, CBZ Properties analyses the impact of changes in land laws, planning regulations and environmental regulations on optimal land use.

We offer the following:

Property development solutions, 

Project management services

Property management services, 

Property sales

Valuations and real estate advisory services

CBZ Capital originates, structures and participates in strategic transactions for its clients. CBZ Capital has the ability to look at transactions across the capital structure (Debt, Equity Mezzanine) and thrives where this is complexity. At its core CBZ Capital looks to solve critical problems for it’s clients through becoming a partner and advisor.

Products

Structuring

Financing / Capital Raising 

Strategic Partnerships 

Trading

Red Sphere Finance (Private) Limited is Licensed Credit – Only Microfinance Institution under the Microfinance Act Chapter 24:30 and whole owned by CBZ Holdings. The subsidiary is mandated to provide financial services to the informal sector, SMEs, Civil Servants, small holder farmers and all those who are gainfully employed.  Red Sphere Finance offers the following products:

Individual Business Loans

Educational Loans

Salary Based Loans

Agricultural Loans

SME and Microfinance Loans

Order Finance

Advisory Services

CBZ Agro-Yield (Private) Limited is a subsidiary of CBZ Holdings Zimbabwe. CBZ Agro-Yield’s aim is to actively participate in assisting the Government of Zimbabwe to meet its objectives by empowering farmers, creating employment and increasing food production. The company works with various stakeholders to ensure farmer production yields continuously improve through enhanced methods such as farm mechanization.

CBZ Agro-Yield in conjunction with the Government of Zimbabwe through the Ministry of Finance and Economic Development and Ministry of Agriculture are the major stakeholders in the National Enhanced Agriculture Productivity Scheme ( NEAPS ). The aim of NEAPS is to ensure food self-sufficiency in Zimbabwe through the support of wheat, maize and soya bean production.

CBZ Agro-Yield distributes inputs to farmers that meet the Company’s requirements with regards to repayment capabilities and production capacity. CBZ Agro-Yield identifies various suppliers that can supply inputs in a timely manner to ensure uninterrupted farming activities for farmers. The inputs generally include but are not limited to;

Seed

Fertilizer

Chemicals

Fuel

Mechanization equipment such as irrigation systems.

The Government of Zimbabwe through the Ministry of Finance provides funding for the Program to guarantee payment to the different input suppliers. The farmers repay their input loans with product through delivering the equivalent amount of produce to the Government appointed agents to cover their loan. The business aims to diversify its portfolio into other product lines such as horticulture.

CBZ Agro-Yield plays an integral part of the NEAPS program through the identification of farmers, sourcing of suppliers, distribution of inputs and reconciliation of farmers’ accounts. The introduction of Information Technology is assisting the company to effectively manage the tracking, supply & distribution of inputs as well as the repayment of loans.

CBZ Insurance Company (CBZI) is a short term insurance company duly registered in accordance with the laws of the Republic of Zimbabwe. The company is licensed by the Insurance & Pension Commission of Zimbabwe (IPEC). CBZI (formerly Optimal Insurance Company) is a subsidiary of CBZ Holdings and was established in 2005 with operations starting on the the 1st of June 2006.

CBZI boasts of a team that is highly experienced and qualified to do short term insurance business. The team is beyond doubt one of the most dynamic, innovative and solution driven in the Zimbabwean insurance industry. The team endeavours to provide highly innovative and valuable short term insurance solutions to clients regardless of their sizes. CBZ Insurance offers the following products:

Motor Vehicle Insurance

Residential Building Insurance

Commercial Building Insurance

Travel Insurance

Casualty Insurance

Accident and Health Cover

Marine

Business Package

Liability Insurance

CBZ Life Limited was established in 2010 and licensed to transact long term insurance business. CBZ Holdings has 100% shareholding in the company. The newly formed CBZ Life has on board shareholders, directors, management and staff who have a wealth of experience in life insurance. Funeral Insurance involves providing a pre-defined benefit amount on the client’s death payable immediately to the specified beneficiary of the policy holder’s estate.

Credit Life Insurance entails the provision of a benefit amount equal to the loan amount outstanding (or alternatively an amount equal to the original loan) in the event of the client’s death (and possible disability). In addition the loan repayments of 3 or 6 months can be paid in the event of retrenchment.

Term insurance involves providing a pre-defined benefit amount in the event of the client’s death payable to the specified beneficiary of the policyholder`s estate.

BRANCHES:

8TH AVENUE BRANCH BULAWAYO

8TH AVENUE/JASON MOYO STREET

AIRPORT AGENCY

INTERNATIONAL TERMINAL, HARARE INTERNATIONAL AIRPORT, HARARE

AVONDALE BRANCH

AVONDALE SHOPPING CENTRE

BEITBRIDGE

SHOP NUMBER 7, BEITBRIDGE SHOPPING MALL, BEITBRIDGE, P.O. BOX 401

BELMONT

CNR LEEDS ROADS/J. CHINAMANO BELMONT BULAWAYO

BINDURA

STAND 751YORK STREET, BINDURA

BOKA TOBACCO AGENCY BOKA TOBACCO AUCTION FLOORS, HARARE

BORROWDALE BRANCH, HARARE

CNR EDINBURGH/CAMPBELL RD, POMONA, BORROWDALE

P O BOX BW 520, BORROWDALE

BULAWAYO CCD

BULAWAYO FIFE STREET MONEY TRANSFER CENTRE

CNR FIFE/10TH AVENUE

(0292) 65081

(MTA TRANSACTIONS ONLY)

CHECHECHE

SHOP NO 1J, STAND NUMBER 229, CHECHECHE COMPLEX, CHECHECHE

CHEGUTU

116 QUEEN STREET, CHEGUTU

CHINHOYI

NUMBER 9 MAGAMBA WAY, CHINHOYI

CHIPINGE

76 MAIN STREET

P O BOX 440 CHIPINGE

CHIREDZI

55 CHILONGA DRIVE CHIREDZI

CHIRUNDU

NEW ZIMRA BORDER POST COMPLEX, CHIRUNDU

CHITUNGWIZA MAKONI BRANCH

60 JENJE ROAD, SEKE NORTH, SEKE

CHIVHU

DESAI BUILDING, 383 YORK STREET, CHIVHU

CRIPPS ROAD BRANCH

CRIPPS ROAD, GRANITESIDE, HARARE

GOKWE

STAND 960 GOKWE GROWTH POINT

GUTU

BEVERLY PLACE, GUTU

GWANDA

63 SOULDAN STREET, GWANDA

GWERU

CBZ BUILDING, CNR ROBERT MUGABE/7TH STREET, GWERU

HARARE CCD

HIGHFIELD

JABAVU DRIVE HIGHFIELD, HARARE

JOSHUA NKOMO AIRPORT BRANCH

CBZ HOUSE, 87 JOSHUA MQABUKO NYONGOLO NKOMO STREET BULAWAYO

KADOMA BRANCH

CBZ HOUSE 41 MUKWATI STREET KADOMA

KARIBA

3339 NYAMHUNGA TOWNSHIP, P BAG 2021, KARIBA

KAROI

STAND NUMBER 252, KAROI TOWNSHIP, KAROI

KWAME NKRUMAH BRANCH

60 KWAME NKRUMAH AVENUE, HARARE

KWEKWE

STAND 6467, KWEKWE

MARONDERA

2137 SECOND STREET, MARONDERA

MASVINGO

376 ROBERT MUGABE WAY

MSASA

DESTINY ELECTRONICS, 62 MUTARE ROAD, MSASA HARARE

MTC AGENCY

6 RAINHAM ROAD, WILLOWVALE, HARARE

MUREHWA

SHOP NO. 2 CBZ BUILDING STAND 175 MUREHWA

MUTARE

31 SECOND STREET, MUTARE

MUTOKO AGENCY

STAND NO.374 OLIVER NEWTON ROAD MUTOKO

MVURWI

FARM & CITY COMPLEX STAND 26A CHARTHAM ROAD MVURWI

NEMBUDZIYA

STAND 121 MUTORA TOWNSHIP, NEMBUDZIYA

NORTON

143 CORNMARKET CRESCENT, NORTON

NYANGA

253 NYANGA TOWNSHIP, NYANGA

NYIKA

NYIKA GROWTH POINT, NYIKA

ROBERT MUGABE ROAD MONEY TRANSFER CENTRE

83 ROBERT MUGABE RD, HARARE

(0242) 774357, 772401

(MTA TRANSACTIONS ONLY)

RUSAPE

18 ROBERT MUGABE STREET

SAMORA MACHEL

57 SAMORA MACHEL AVENUE, HARARE

SAPPHIRE HOUSE

CORNER SPEKE AVENUE/ANGWA STREET, HARARE

SELOUS AVE BRANCH

CBZ PLACE, 7 SELOUS AVENUE, HARARE

SOUTHERTON

CORNER PAISLEY ROAD/HIGHFIELD ROAD

TSF TOBACCO AGENCY

TSF TOBACCO AUCTION FLOORS, 161 GLENEAGLES ROAD, WILLOWDALE HARARE

UNIVERSITY OF ZIMBABWE AGENCY

STUDENTS CENTRE, UNIVERSITY OF ZIMBABWE CAMPUS, HARARE

VICTORIA FALLS

THE GALLERIA COMPLEX, STAND NO. 123, P O BOX 258, VICTORIA FALLS

WEALTH MANAGEMENT SUITE

CNR EDINBURGH/CAMPBELL RD, POMONA, BORROWDALE

ZVISHAVANE

694 TURNER ROAD ZVISHAVANE