Home » Archives by category » Business » Debt

Zimbabwe Govt Claims Trusted By UN Agencies, Begs for More Cash

Zimbabwe Govt Claims Trusted By UN Agencies, Begs for More Cash

Government has pleaded with the United Nations Development Programme, (UNDP), to lure more humanitarian and development funding from its members for the country because of “the confidence we have built in UNDP” of managing donations. Since 2002, when Harare was slapped with sanctions by the European Union after America, western countries have been channelling both […]

Servicing of Tanzania’s National Debt to Gobble Up Sh9.5 Trillion in 2017/18

Servicing of Tanzania’s National Debt to Gobble Up Sh9.5 Trillion in 2017/18

The government plans to spend Sh9.46 trillion on servicing the national debt, including paying contributions to social security funds in the next financial year, Finance and Planning minister Philip Mpango said as he tabled his ministry’s budget yesterday. In the current financial year, the government set aside Sh8 trillion for the same purpose and up […]

Does Mugabe’s Govt Plan to Accumulate More Debt?

Does Mugabe’s Govt Plan to Accumulate More Debt?

Finance minister Patrick Chinamasa’s pledge that the Reserve Bank of Zimbabwe (RBZ) will continue to give exporters incentives under a $200 million African Export-Import Bank (Afrexim Bank) loan scheme has raised eyebrows that the government wants to contract more debt. The loan facility was used to back the printing of bond notes, a United States […]

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone