CBZ buys into tech firm awarded Govt contract to digitise Zimbabwe’s property deeds

CBZ CEO Nyazema

CBZ Holdings, Zimbabwe’s biggest bank, is taking a 17.5% stake in Dokuma, the software firm awarded the tender to digitise records at the Deeds Office.

The transaction is among acquisitions submitted to the Competition and Tariff Commission (CTC) for assessment in the fourth quarter of 2025. The commission will look at whether the transaction breaks any competition rules.

“The commission hereby gives notice to all interested stakeholders and the public to submit their written representations, not later than March 30, 2026,” the CTC says.

CBZ Holdings, through its farm unit CBZ Agro-Yield, is leading a project to issue title deeds to resettled farmers, a programme government says will formalise ownership of land allocated under land reform and expand farmers’ access to finance.

In 2023, government said Dokuma, founded in Rwanda and registered in Zimbabwe, had won the contract to replace the manual deeds system with a digital platform. Cabinet said the company had been picked on the recommendation of a taskforce chaired by the Ministry of Justice, Legal and Parliamentary Affairs, to replace the “tedious and ineffective” system at the Deeds Office.

In 2025, government issued Statutory Instrument 76 of 2025, giving holders of old title deeds two years to submit them for verification ahead of digitisation. Authorities are rolling out a national programme to replace the documents with digitally secured versions known as “securitised deeds”, which will be stored in an electronic database.

CBZ Holdings, through its farm unit CBZ Agro-Yield, is leading a project to issue title deeds to resettled farmers, a programme government says will formalise ownership of land allocated under land reform and expand farmers’ access to finance.

On its website, Dokuma says: “The team is currently working on a major initiative to digitize the Deeds Department in Zimbabwe, which involves transforming all hard copy deeds into electronic format.”

Dokuma also says it is part of the Presidential Title Deed programme, “which aims to address the issue of informal settlements in Zimbabwe by urbanising them and issuing title deeds to their residents.”