RBZ dismisses POSB sale claimsTHE Reserve Bank of Zimbabwe (RBZ) has rejected claims that POSB has been sold to foreign investors.
In a statement on Thursday, RBZ Governor Dr John Mushayavanhu stated that the claims circulating on social media are false, and therefore, POSB depositors should disregard them.
“The RBZ is concerned about a false story circulating on social media to the effect that POSB could have been sold to some foreign investors,” Dr Mushayavanhu said.
“The public, and particularly POSB depositors are advised that any purported sale of a banking business would require the authority of the Registrar of Banks and Exchange Control among other approvals.
“The Reserve Bank categorically states that these claims are false and has not received an application from any investor for the purchase of POSB, neither has it received any correspondence from any Zimbabwean government authority, including His Excellency the President.”
Social media has been awash with claims that POSB has been sold to Hebrews Investment Group.
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