All NewsBusiness

Strengthen banking sector, World Bank urges Zim

All NewsBusiness

Strengthen banking sector, World Bank urges Zim

HARARE – The World Bank says Zimbabwe must strengthen its financial sector to curb systemic risk and avoid bank failures. Nadia Piffaretti, the institution’s local economist, last week told a Sapes Trust business conference that “given the current low level of domestic savings, high cost of doing business and high cost of capital, there is…

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