HARARE (Reuters) - Foreign loans that use minerals as collateral may complicate Zimbabwe’s future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary ...
HARARE, May 6 (Reuters) - China wants Zimbabwe to use mineral export earnings as guarantee for a possible financial package to the impoverished southern African state, which is desperately seeking ...
ZIMBABWE owes Japan about US$381 million in overdue debt, making Tokyo one of the country’s largest Paris Club creditors, Japan’s ambassador to Zimbabwe said.Zimbabwe’s total debt to Paris Club ...
HARARE (Reuters) - Zimbabwe expects a loan from the International Monetary Fund(IMF) in the third quarter of this year, the first since 1999, after paying off foreign lenders by the end of June, the ...
Among the largest projects funded through such mortgage-style financing was a US$998 million lifeline for the expansion of Hwange Thermal Power Station. The African Development Bank (AfDB) has issued ...