Public service pension fund buys into CBZ, FBC

ZIMBABWE’S public service pension fund has acquired shares in CBZ Holdings (CBZ) and FBC Holdings (FBC), as part of its ongoing restructure towards self-sustenance, Finance minister Mthuli Ncube has revealed. In his 2022 national budget statement last week, Ncube said the current assets of the fund, at $17,6 billion, currently cover four percent of its…