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Acquisitions that reshaped Zimbabwe’s banking sector in 2023

By Banking No Comments8 Mins Read
acquisitions Zimbabwe's banking sector
Transformative Acquisitions Shaping Zimbabwe's Banking Landscape in 2023. (Photo/ FinSMEs)

CBZ Holdings, FBC Holdings, and ZB Financial Holdings have all played a pivotal role in shaping Zimbabwe’s banking sector this year. One of the most notable transactions in 2023 involves CBZ’s acquisition of a 36.35 per cent stake in First Mutual Holdings Limited. 2023 saw FBC Holdings execute a strategic move by acquiring Standard Chartered

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Albert is an experienced business writer specializing in stock exchanges, financial markets and technology. He has a deep understanding of the dynamics of the global economy and a keen interest in analyzing investment trends, market trends, and the impact of investments on stock prices especially in the Southern African region.

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