Zimbabwe: State Slated Over Proposed POSB Privatization

24 May 2021

MUTARE- The Zimbabwe Coalition on Debt and Development (ZIMCODD) has questioned the prudence of intended partial privatization of the country's sole savings bank equity, under state control in trust for the public.

In a strongly worded press statement ZIMCODD, a social and economic justice organization said the government must reverse ongoing measures to partially privatize the People's Own Savings Bank (POSB).

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