Zimbabwe Allied Banking Group

The Reserve Bank of Zimbabwe on Thursday announced that it had cancelled Allied Bank’s operating licence after determining that the financial institution was no longer in a safe a sound condition.
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HARARE - As the Daily News tries to unravel Mines minister Obert Moses Mpofu's proposed acquisition of the financially-crippled Zimbabwe Allied Banking Group (ZABG), we hereby present a fact sheet on him.
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HARARE - In yet another indication that Mines minister Obert Mpofu is a man of significant means, the senior Zanu PF politician-cum-businessman is buying into one of the country’s struggling banks.
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