CBZ Holdings to establish new charitable foundation
– CBZ Holdings (CBZ), the country’s leading financial products and services provider, is establishing a new charitable foundation to promote public health, educational opportunities, particularly in under-served populations and to provide support to vulnerable communities.
The CBZ Board of Directors has approved an initial up-front endowment of up to 1 percent of sustainable profit — for the CBZ Foundation, which will provide grant funding to non-profit organisations to achieve measurable impact for the betterment of the people. CBZ group chief executive Dr Blessing Mudavanhu said corporate social investment had a positive impact on those in need, a key ingredient to national development.
– All Papers March
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