CBZ Bank handsomely pays its directors. THE country’s largest banking group, CBZ Holdings, has surpassed the Reserve Bank of Zimbabwe (RBZ)’s prescribed minimum capital requirement of US$100 million, the Financial Gazette’s Companies & Markets can report. Group chief executive officer, Never Nyemudzo, revealed that the commercial bank’s core capital base now stands at US$111 million, making […]
Tag: Zimbabwe
Is Mugabe Jeopardizing the African Union’s Credibility?
Zimbabwe’s President Robert Mugabe (seated) waits to address the 66th United Nations General Assembly at the U.N. headquarters in New York, September 22, 2011 (Courtesy Reuters/East). This is a guest post by Nathaniel Glidden, intern for the Council on Foreign Relations Africa Studies program. He is currently pursuing a Master’s in International Affairs with concentrations […]