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RBZ appoints Zamco board

HARARE – The Reserve Bank of Zimbabwe (RBZ) has appointed a board for the Zimbabwe Asset Management Company (Zamco) chaired by veteran stock broker, Bart Mswaka. Zamco is a special purpose vehicle created to takeover banks’ non-performing loans (NPLs), which stood at around $705 million in June. “We have set up the board… chaired by…

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