BRUSSELS, 17 October 2018 – After approval of the Government in Zimbabwe, the People's Own Savings Bank (POSB) will be partially privatised in order to enhance POSB's capacity to underwrite more business to the productive sectors, widen the frontiers of financial inclusion through targeting informal businesses and the marginalized in the remote areas, as well as access expertise and technology to improve banking operations. Pursuant this, POSB intends to engage the services of consultants to provide advisory services on the proposed transaction to raise capital for the Bank through private placement and/or public offering.
The Consultant will be expected to:
POSB is inviting eligible consultancy firms to express their interest to provide the above services. Expressions of Interest should be submitted in sealed envelopes no later than by 23rd of October 2018 to:
The Head of Procurement Management Unit, POSB, 4th Floor Causeway Building, Corner 3rd Street/Central Avenue, Harare
>>Click for more information