THE People’s Own Savings Bank (POSB) says the search for an ideal investor for the completion of its partial privatisation is set to continue into the second half of the year.
The bank is one of the state entities that have been earmarked by the government for partial privatisation.
In a statement accompanying the bank’s financial results for the year ended December 31, 2021, POSB acting board chairman Israel Ndlovu said.
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KPMG Advisory Services (Zimbabwe) – the consultants providing transactional advisory on the deal – have engaged relevant stakeholders in respect of the proposed privatisation st
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