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Zimbabwe eyes China's $50 billion African modernisation fund

Zimbabwe is gearing up to tap into a US$50 billion fund that China pledged to support Africa's modernisation and industrialisation efforts during the recent Forum on China-Africa Cooperation (FOCAC) Summit held in September in Beijing. The…

Published: 09 Nov 2024 at 17:08hrs | 270 | by Staff reporter

Mthuli Ncube tightens belt on spending

Government will operate below statutory requirements in borrowing from the Reserve Bank of Zimbabwe (RBZ) as it enhances its belt-tightening strategies in line with austerity measures announced in the 2019 National Budget.Finance and Econo…

Published: 03 Mar 2019 at 01:28hrs | | by Staff reporter

Zimbabweans should brace for belt-tightening

President Emmerson Mnangagwa has said Zimbabweans must prepare for austerity measures that may appear harsh but are in the medium to long-term designed to set the economy back on track.Zimbabwe's leader also said he is in the process of re…

Published: 23 Sep 2018 at 08:39hrs | 1 | by Staff reporter

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Zimbabwe eyes China's $50 billion African modernisation fund

Mthuli Ncube tightens belt on spending

Zimbabweans should brace for belt-tightening

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