S.Africa Turns Down Zimbabwe Request For $1.2bn Loan

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South Africa turned down a request from its southern African neighbour Zimbabwe for a 1.2 billion dollar loan in December, a spokesman for the finance ministry said on Monday. National Treasury spokesman Jabulani Sikhakhane said in Johannesburg that “South Africa doesn’t have that kind of money.” Zimbabwean officials were not immediately available for comment. Zimbabwe […]

 

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