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Stanchart profits up 12pc

HARARE – Standard Chartered Plc (Stanchart)’s Zimbabwean unit recorded an $8 million profit after tax in the half year to June 2014, up 12,5 percent from $7,1 million recorded in prior comparable period. The local financial institution, wholly-owned by British-based Stanchart, registered a 16 percent growth in profit before tax to $11,7 million during the…

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