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Zimbabwe's CBZ Holdings reports strong profits, reflecting the country’s economic improvement and stable currency.
CBZ Holdings Limited, Zimbabwe's leading financial institution, reported a ZWG537.5 million profit in the first quarter of 2025, benefiting from the country’s improving economy and stable local currency.
The Reserve Bank of Zimbabwe’s liberalization of exchange rates for traders is seen as a key factor in promoting long-term stability.
Despite positive financial results, some economic stakeholders remain cautious about the impact of tight fiscal measures.
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El CBZ Holdings de Zimbabwe informa de fuertes ganancias, lo que refleja la mejora económica y la moneda estable del país.