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Zimbabwe:
Indigenisation Blitz Focuses On Telecel And Stanchart
SW Radio, 8 April 2013
Threats to foreign-owned businesses continued this week with the government turning its focus to Telecel Zimbabwe and Standard Chartered Bank (Stanchart). Read more »
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Zimbabwe:
Foreign Banks Forced to Submit Indigenisation Plans
Zimbabwe Independent, 22 February 2013
Foreign owned banks have submitted their indigenisation compliance plans to the National Indigenisation and Economic Empowerment Board (NIEEB) in spite of a war of words between… Read more »
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Zimbabwe:
Indigenisation Minister Threatens Foreign-Owned Banks
Zimbabwe Standard, 20 January 2013
Addressing members of the Youth Empowerment Trust in Nyanga last week, Kasukuwere said he was targeting the banks namely Barclays, Stanbic and Standard Chartered which are still to… Read more »
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Zimbabwe:
Stanchart Meets New Capital Levels
Financial Gazette, 30 August 2012
BRITISH bank Standard Chartered Bank Zimbabwe Limited (Stanchart) has reported that it is already in compliance with new capital levels and is "well positioned to support the… Read more »
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Zimbabwe:
Treat Banks With Caution, Warns Gono
Zimbabwe Standard, 29 July 2012
RESERVE Bank of Zimbabwe (RBZ) governor, Gideon Gono, warned on Friday the implementation of the law targeting foreign-owned banks should be carried out in a manner that preserves… Read more »
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Zimbabwe:
Gono Calms Banking Sector
Zimbabwe Standard, 1 July 2012
RESERVE Bank of Zimbabwe (RBZ) governor Gideon Gono said yesterday there won't be any changes to the bank's stance on empowerment unless the laws governing the banking sector were… Read more »
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Zimbabwe:
Banking Sector Confused By Mixed Indigenisation Messages
SW Radio, 2 July 2012
Zimbabwe's banking sector is said to be in a state of serious confusion, because of the mixed messages emanating from key figures in the industry about indigenisation. Read more »
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Zimbabwe:
Kasukuwere Bulldozes His Way
Zimbabwe Independent, 7 June 2012
INDIGENISATION minister Saviour Kasukuwere is intensifying pressure on foreign-owned banks to comply with the controversial empowerment laws despite bankers' protests that the… Read more »