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RBZ reforms: Banks to lose $73m revenue

HARARE – Zimbabwean banks are set to lose over $70 million in income in the nine months to December 2013 following a raft of reforms imposed by the Central Bank, according to the Bankers Association of Zimbabwe (Baz). In January this year, the Reserve Bank of Zimbabwe (RBZ) signed a memorandum of understanding (MoU) with…

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