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ZABG seeks NIEEB bailout

HARARE – ZABG Bank Limited (ZABG) has approached the National Indigenisation and Economic Empowerment Board (Nieeb) for possible funding to help it meet the Reserve Bank of Zimbabwe (RBZ)’s first phase minimum capital requirements. The bank — a brainchild of Central Bank governor Gideon Gono — is one of seven, out of 21 banks, that…

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