Harare – CBZ Holdings has announced the completion of a restructuring exercise aimed at enhancing operational efficiency and strengthening its market position.
The restructuring, which began in October 2024, was part of the financial group’s broader strategy to align with evolving business trends and ensure long-term sustainability. In a press release issued on February 1, 2025, the company stated that it remains committed to growth and competitiveness despite the changes.
As part of the restructuring, 347 staff roles were affected in the second phase of the process, out of a total workforce of 1,448.
CBZ Holdings expressed gratitude to the impacted employees for their contributions and assured them of support during the transition. Group CEO Lawrence Nyazema emphasized the company’s dedication to strengthening its operations while continuing to serve stakeholders with excellence.
