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Tag: Depositors Protection Act

Posted inNews

Lawmakers push for urgent amendment of Depositors Protection Act

by Lulu Brenda Harris 3rd April 20243rd April 2024

Zimbabwean lawmakers are calling for an urgent amendment to the Depositors Protection Act (DPA) to safeguard investors’ deposits and savings in the event of a bank closure or liquidation. The DPA, established by the government and the Reserve Bank of Zimbabwe (RBZ), aimed to promote financial inclusion, bank use, and trust in the banking system. […]

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