HARARE – Zimbabwe’s banking public welcomed central bank governor John Mangudya’s recent capping of lending rates at 12 percent given that Zimbabwe’s lending interest rates are still considered the region’s highest after peaking at an alarming 35 percent. In his 2017 Monetary Policy Statement, the central bank governor put a cap on lending rates, bringing…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions