Zimbabwe banks given year to hand over shares
The Zanu PF side of the coalition government has given foreign owned banks operating in Zimbabwe one year to hand over 51 percent of their shares.
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The Zanu PF side of the coalition government has given foreign owned banks operating in Zimbabwe one year to hand over 51 percent of their shares.
HARARE – Reserve Bank of Zimbabwe governor Gideon Gono has imposed daily cash withdrawal limits of $10 000 on individual transactions. The announcement by the central bank comes on the back of a liquidity crunch.
HARARE – Police and Zanu PF have launched a fresh campaign to crush the MDC in a plan which involves arresting Prime Minister Morgan Tsvangirai, Finance minister Tendai Biti and other top officials.