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RBZ debt stalls Meikles indigenisation

HARARE – Diversified group Meikles Limited says it will be able to fully implement its approved indigenisation empowerment plan when the Reserve Bank of Zimbabwe (RBZ) repays its $66,5 million deposit. The funds, initially $40,5 million before accruing interest, were a deposit held by the central bank under Meikles’s foreign currency account. Over the years,…

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