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BII signals confidence in Zimbabwe reforms

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu

KUDZANAI GEREDE G THE combined US$50 million credit facility extended by British International Investment (BII) to two local banks signals growing confidence in Zimbabwe’s economic reforms and re-engagement efforts.The credit lines, split into US$30 million and US$20 million for CABS and NMB, respectively, mark a return to Zimbabwe by the United Kingdom government-owned development financier…

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