ZAMCO takes over $1.13 bln NPLs
Tinashe Makichi The Zimbabwe Asset Management Corporation (ZAMCO) has to date assumed non-performing loans amounting to $1,13 billion with efforts currently underway to make sure that all bad debts are cleared by 2025. In an interview with Business Times, ZAMCO chief executive Cosmas Kanhai said the vehicle has a life span of 10 years and the target was to…
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