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POSB to establish exporters’ credit facility

HARARE – The People’s Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency. A persistent trade deficit has plunged Zimbabwe into a serious foreign currency shortage, which, among other factors, has created difficult conditions for industry. POSB chairperson Mathilda Dzumbunu said…

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