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Zim banks’ profits slump 82pc

HARARE – Zimbabwe banks’ net profits slumped by 82 percent to $4 million in the quarter ended March 31, 2015, from $22,4 million recorded prior year on the back of increases in loan impairment charges and softening yields on loans, the central bank said. In its Banking Sector Report for the 2015 first quarter, the…

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