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Barclays deal to boost FMB Botswana unit

HARARE – First Merchant Bank Limited (FMB)’s Botswana unit, Capital Bank, said the acquisition of Barclays Bank Zimbabwe (BBZ) will boost trade and investment in southern Africa. This was after Barclays Plc last week announced it was selling 42,68 percent of its 67,68 percent shareholding in BBZ with an additional 15 percent of shares being…

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