Fresh from being politely denied a bailout by SA’s government just a fortnight ago, Zimbabwean finance minister Mthuli Ncube said he had approached private investors in SA to inject funds into his country's cash-starved economy.Speaking after a cabinet briefing in Harare on Wednesday, Ncube confirmed that he presented “the begging bowl” to SA investors during his visit on Monday and Tuesday.
“The idea is to give capacity to our companies to source equipment from South African companies using resources from there. That is the nature of the loans we are negotiating. The Zimbabwean government was in a position to guarantee any loans taken up under the facility, Ncube said. “It’s quite a spread of investors and we hope that they can join us in this drive. I was able to meet some of the investors in Johannesburg and video conferenced with others in Cape Town and Durban.”
Finance Minister, Go and recover the money from Robert Mugabe, his tea serving first lady Grace Mugabe and her kids who used to spend millions in SA with their girlfriends. 😁😁
A beggar is begging from another beggar. 😂😂😂😂 the only one SOE Eskom owes 400 billions to creditors. 😂😂😂
He must F off! We can’t afford to extend them loans, we are struggling with our own debt! Maybe they should reconsider their lifestyles and sort their priorities out!
That means increase in Cash in Transit
We are also broke...although our Political Elite act as if we are rich...
With money to come from where? If Zim can't even pay their electricity bill to SA , where will they get money to service loan.
Hahahahaha. The toilet asking the asshole for an advance.
ZANU-PF living in South Africa have joined EFF ? mailandguardian
Make up your own bed. !!You all chased off the productive people in Zimbabwe and voted for Mugabe and his regime. Live by it.
Tell him we don't have it
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SA needs an incorruptible leadership: Makhura - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.There is no such thing as good leadership in politics just good institutions that keep corruption in check. Fortunately South Africa is the only country in Africa that still has good institutions.
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