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Zim liquidity crisis to worsen: RBZ governor

HARARE – Zimbabwe’s liquidity crisis is set to tighten due to banks’ reluctance to lend in the wake of “worrying non-performing loans (NPLs)”, the Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said. He said the level of NPLs in the country’s banking sector escalated to an average 20 percent in October from 18…

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