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Zimbabwe Banks and Allied Workers Union

Cabs closes branches

Old Mutual subsidiary, the Central Africa Building Society (CABS), plans to close four more branches in Harare and Norton by end of next month as the financial institution rationalises its business model in response to tough operating…
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Knives out for POSB bosses

A major labour grouping in the financial services sector, has lined up a series of demonstrations against POSB’s board and management over an array of allegations, chief among them incompetence.
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IDBZ under fire over retrenchments

Plans by the Infrastructure Development Bank of Zimbabwe to retrench nearly half its workforce have not only come under fierce resistance from the Zimbabwe Banks and Allied Workers Union, but have also shed light on the huge salaries top…
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Banks shed 847 jobs in 2014

The banking sector shed 847 jobs last year as financial institutions continue to streamline their operations to boost viability, statistics from the Zimbabwe Banks and Allied Workers Union (Zibawu) have shown.
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