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*Government to approve sale of Barclays Bank to FMB Malawi despite opposition* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?yo The government through the Reserve Bank of Zimbabwe is expected to authorize the sale of Barclays Bank Zimbabwe to Malawi’s First Merchant Bank. This comes despite the opposition from local empowerment group the Affirmative Action Group president. ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- A source who spoke to weekly publication the Financial Gazette said: > Barclays Plc has been given the green light to consummate the deal while awaiting regulatory approval. Unless something bad happens, I don’t expect the Reserve Bank to spin and turn back the transaction. While another source said > Unless something catastrophic happens, we expect the Reserve Bank to give its approval by August 31. The other approvals have already been granted. More: Financial Gazette itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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