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Govt Hires Collapsed Bank Boss for Top Regulatory Job

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The Zimbabwean government has entered controversy once again by appointing the failed boss of the collapsed AfrAsia Bank, Lynn Mukonoweshuro, to the regulatory IPEC board now to control the country’s insurance industry.   Mukonoweshuro has been appointed by Finance Minister Patrick Chinamasa. This came as Government raised the minimum capital requirements for short-term insurers and

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