Gvt presses on with OFSC setup

Gvt presses on with OFSC setup

By Tendai Sahondo Government is pressing on with plans to set up a robust Offshore Financial Services Centre (OFSC) in the country, finance and economic development minister, Mthuli Ncube has said. Presenting the mid-term review last week, Ncube said the country stands to benefit immensely from the venture as it will attract investment from across the globe. “Government has been exploring the possibility of setting up an Offshore Financial Services Centre (OFSC) as part of efforts to develop the financial service sector, through provision of opportunities for global investment. “…

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