All NewsBusiness

Parly raps bank charges hike

All NewsBusiness

Parly raps bank charges hike

HARARE – Parliament on Monday grilled bankers over increased bank charges following the expiry of an agreement putting a cap on interest rates and fees banks could levy. Legislators accused local financial institutions of pushing the majority of depositors out of the banking sector through exorbitant bank charges and high interest rates. Around $2 billion…

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