CBZ secures US$54 million for legacy debts settlement

FINANCIAL services group CBZ Holdings says the Reserve Bank of Zimbabwe (RBZ) has so far disbursed US$54,08 million under a special settlement arrangement to expunge the legacy liabilities and nostro gap accounts. This represents a 38,43 percent increase from the US$39,06 million recorded as of December 2022. The presence of legacy debts on the company’s…

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