Thursday 15 November 2018
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businessdaily - 2 month ago

Confusion over $2bn loan from China to Zimbabwe

AFTER its desperate quest for a critical US$2,5 billion bailout package from China hit a snag last week, government has somersaulted and now claims it did not request any such money.Ministry of Finance and the Reserve Back of Zimbabwe (RBZ) officials have for some time been negotiating for a loan from the Industrial and Commercial Bank of China (ICBC) and the Export-Import Bank of China, without a...

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