East Africa

StanChart makes $13m from sale of Tanzania unit

In 2024, the lender made a $217 million loss on the sale of its business in Zimbabwe, Angola, and Sierra Leone, largely on forex translation.

StanChart makes $13m from sale of Tanzania unit
In 2024, the lender made a $217 million loss on the sale of its business in Zimbabwe, Angola, and Sierra Leone, largely on forex translation.

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