RBZ finalising US$ deposit incentives

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya, says the apex bank is working with the Bankers Association of Zimbabwe (BAZ) on incentives to encourage corporates and individuals to bank US$. Zimbabweans, who suffered widespread losses during the hyperinflationary era, are largely reluctant to entrust large amounts of US dollars to the banks. “We will…

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