POSB
The Minister of Finance, Economic Development and Investment Promotion Professor Mthuli Ncube has clarified that the Ministry of Finance has not received any investment proposals for the People’s Own Savings Bank (POSB), despite circulating rumors suggesting foreign interest. In a recent parliamentary session, Minister Ncube addressed the issue, stating that neither the ministry nor the […]
The Reserve Bank of Zimbabwe (RBZ) has dismissed recent claims circulating on social media that the People’s Own Savings Bank (POSB) has been sold to foreign investors. The RBZ stated that these claims are false. In a statement, the central bank clarified that the sale of an institution like POSB would require approvals from the […]
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