CABS’ surplus surges 7 571 percent

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ZIMBABWE’S biggest mortgage lender, CABS, posted a net surplus of $428,82 billion for the half year ended June 30, 2023 buoyed by an increase in net interest income. The society’s net interest income for the period increased by 41 percent to $53,06 billion from $37,66 billion in 2022 mainly driven by growth in the loan…