Two Zimbabwean banks have been removed from the US sanctions list, state media reported on Friday.
According to a report in daily newspaper The Herald, Agribank and the Infrastructure Development Bank of Zimbabwe have now been fully removed from the US sanctions list, allowing them to do international business more easily and obtain lines of credit.
In February 2016, they were removed from the sanctions list, but the licence requirements remained. These have now been removed with effect from May 22 by the Office of Foreign Assets Control of the US Treasury, the daily reported. "Now that they have been lifted, the banks will find it easier to do business going forward. So this is a very welcome development indeed," he said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why two major SA banks choose Citrix SD-WANSPONSORED | Five reasons why two SA retail banks have migrated to citrix SD-WAN.
Read more »
This is war: Twitter police target two more Miss SA entrantsWith MissSA2020 hopeful Bianca Schoombe the first to fall at the hands of the Twitter police, two other entrants, Zizile Mthembu and Oneida Cooper, have been targeted for their past discretions, which include alleged bullying and racism. | IOL_lifestyle
Read more »
'The Bold and Beautiful' renewed for two more seasonsThe long-running American daytime soap 'The Bold and the Beautiful' has been renewed for another two seasons.
Read more »
Two more nurses die of Covid-19 in the Western CapeTwo more nurses died of Covid-19 complications on Thursday, bringing the number of nurses who have succumbed to the disease in the Western Cape to five so far.
Read more »
Undercover cops bust two for selling fake licence discs in KimberleyOfficers from the Hawks' serious corruption investigations team, crime intelligence and Kimberley detectives arrested the two men, aged 47 and 58, on Tuesday.
Read more »
Grandmother spends two days in Sassa office queue without being helped'I couldn't feel my feet any more because I only had a blanket and a piece of cardboard to sleep on in the cold,” said a Khayelitsha grandmother who slept outside her local Sassa office since Tuesday to be assisted. CapeTimesSA lockdown
Read more »