HARARE – More Zimbabwean banks are increasingly becoming foreign-owned despite government’s aggressive indigenisation programme, the Bankers Association of Zimbabwe (Baz) has said. Although President Robert Mugabe’s administration has vowed to have the financial sector indigenised, locals lack capital, resulting in the institutions falling in foreign hands following bail out deals. Apart from several ultimatums, former…
To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions