GOVERNMENT will take over privatisation bound Zambia National Commercial Bank's (Zanaco) massive debt stock owed by Roan Antelope Mining Corporation of Zambia (RAMCOZ) in receivership and Zambia National Oil Company (ZNOC) in liquidation.
Bank of Zambia (BoZ) acting assistant director of economics Francis Chipimo disclosed this yesterday at an International Monetary Fund (IMF) hosted working breakfast to introduce new governor Caleb Fundanga to financial journalists.
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