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Home » RBZ US$5m fund stalls

RBZ US$5m fund stalls

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THE Securities and Exchange Commission of Zimbabwe (SecZim) Seczim has blamed the central bank for failing to operationalise a US$5 million facility set up more than two years ago to ring-fence funds invested on local capital markets. Reserve Bank of Zimbabwe governor John Mangudya first announced the facility in 2017 as part of monetary policy…

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