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Banks’ profits up 182pc

HARARE – Zimbabwean banks’ aggregate profits surged by 182 percent to $13,84 million in the half year to June 2014 compared to $4,9 million in prior comparable period. Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, said the banking sector remains generally profitable as at June 30, 2014. “A total of 12 banks recorded profits…

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