[The Herald] The new Banking Act came into effect on Friday last week, giving the Reserve Bank of Zimbabwe more latitude to tighten bank supervision, monitoring and control while diluting controlling individual or bank holding shareholder influence on banks. The new legislation also affects other Acts apart from the Banking Act. It amends the Reserve Bank of Zimbabwe Act, Deposit Protection Corporation Act, Reserve Bank of Zimbabwe (Debt Assumption) Act, which was passed only last year and repeals the Troubled Financia ......
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