POSB accelerates export finance funding

POSB chief executive Garainashe Changunda

THE People’s Own Savings Bank (POSB) says it is prioritising export financing for local businesses in line with the government’s push for increased valued-added exports and deeper penetration in regional markets. The Mutapa Investment Fundowned lender already has a combined US$20 million war chest from the African Export and Import Bank (Afreximbank). Speaking at the…

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