The growing convergence between banking and digital infrastructure in Zimbabwe has come under scrutiny following CBZ Holdings Limited’s move to acquire a 17.52 percent stake in Dokma Private Limited, a transaction now fuelling debate over market competition and sector influence.
An official from the Competition and Tariff Commission, Delight Chivhuri, said the transaction is undergoing detailed assessment to determine its potential impact on competition within key sectors of the economy.
“We are assessing whether this transaction is likely to substantially lessen competition in Zimbabwe or any part of Zimbabwe,” said Chivhuri.
The deal effectively links one of the country’s largest financial institutions with a technology firm increasingly involved in digital systems connected to property and business transactions.
“Dokma’s primary objective is to provide solutions and services that leverage technology to address business needs,” Chivhuri said.
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At the centre of the transaction is the Digital Land Administration Platform, a system expected to modernise property and title processing.
“The platform is designed to manage property and title-related transactions and digitise processes that are currently manual,” he added.
The convergence of finance and digital platforms is raising broader questions about market influence, particularly as financial institutions expand beyond traditional banking into technology-driven services.
Chivhuri said regulators are also examining how the transaction could reshape competitive dynamics going forward.
“We are looking at how the parties operate now and how they are likely to operate in the future,” he said.
He added that industry input will play an important role in the Commission’s final determination.
“We are inviting submissions from stakeholders on how they may be affected,” said Chivhuri.
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