Zimbabwe’s over reliance on resource-backed loans ‘a curse’
Maguwu said in a normal environment Parliament should be involved in processes to acquire external loans so that national interests are protected.
By Tatira Zwinoira
Mar. 19, 2023
Defaulting Zim in bid to pacify Paris Club . . .US$420.4m black hole exposed
Zimbabwe, which is classified to be in debt distress by the International Monetary Fund (IMF), now has to settle a further US$420,4 million to pacify the Paris Club before moving to tackle more unsettled commitments estimated at over US$17 billion across lenders.
By The Southern Eye
Jun. 26, 2022
Defaulting Zim in bid to pacify Paris Club . . .US$420.4m black hole exposed
Zimbabwe, which is classified to be in debt distress by the International Monetary Fund (IMF), now has to settle a further US$420,4 million to pacify the Paris Club before moving to tackle more unsettled commitments estimated at over US$17 billion across lenders.
By The Southern Eye
Jun. 26, 2022
Ukraine War: US ‘deeply concerned’ at report of Mariupol chemical attack
However, no evidence has been presented to confirm the use of chemical weapons.
By The Southern Eye
Apr. 12, 2022
