ZIMBABWE’S financial sector is hobbled by economic problems such that it is not “deep enough” to come up with innovative products to get the country out of its doldrums, analysts say.
The development comes as independent organisations and economists such as the Confederation of Zimbabwe Industries (CZI), and Misheck Ugaro say local firms are in urgent need of retooling, and strategies to fight off the effects of the Covid-19 pandemic.
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Reserve Bank governor John Mangudya and Finance Minister Mthuli Ncube
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