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Tag: ban on bank lending

Posted inNews

‘Ban on bank lending to create market uncertainity’

by Mandla Tshuma 11th May 202211th May 2022

The ban on bank lending by the government will create uncertainty in the market, an economist, Stevenson Dlamini has warned. On Saturday, President Emmerson Mnangagwa announced that all financial institutions must stop lending as part of measures to bring ‘sanity’ to the sector, a development that has been criticized by many as lacking any economic merit. […]

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