It Would Be a Pitch Like No Other as Zimbabwe Eyes Bond Sale
It Would Be a Pitch Like No Other as Zimbabwe Eyes Bond Sale
It’s a sales pitch as tough as they come: the economy has halved since 2000, unemployment’s at 90 percent and bank withdrawals are capped at $40 a week. What’s more, the government is behind on World Bank loan payments and some officials have been sanctioned by the U.S. and Europe.
Bloomberg
Bloomberg
Zimbabwe May End Local Ownership Rule on Platinum, Diamonds
Zimbabwe May End Local Ownership Rule on Platinum, Diamonds
Zimbabwe, which has the world’s second-biggest platinum reserves, may lift a requirement that companies mining the metal or diamonds must be at least 51 percent owned by black citizens of the country, President Emmerson Mnangagwa said.
Bloomberg
Bloomberg
Zimbabwe President Seeks to Woo Lenders by Paying Loan Arrears
Zimbabwe President Seeks to Woo Lenders by Paying Loan Arrears
Zimbabwe is committed to repaying arrears to external lenders so that it can resume support programs with institutions such as the International Monetary Fund and end years of isolation from global capital markets, said the country’s president.
Bloomberg
Bloomberg